The Founder Of Chipotle Is Now A Billionaire [Forbes]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: Forbes
Now, three decades and a fast-casual dining revolution later, he's the first-ever burrito billionaire. Forbes estimates that Ells—who was Chipotle's CEO until 2018 and its executive chairman until 2020—is worth $1 billion, making him one of 288 fresh faces on this year's World's Billionaires list, publishing Tuesday. He might be the unlikeliest of all. Last year, 130,000 Chipotle employees dished out $11.3 billion worth of chicken, steak and barbacoa across 3,700 global stores—enough to make Chipotle the third most valuable restaurant chain on the planet, with a market capitalization of $68 billion, behind only McDonald's and Starbucks. Yet Ells, 59, a classically trained chef more likely to discuss the “provenance” of his ingredients than the profitability of his stores, made a few personal moves that seemed all but sure to keep him off the billionaires list. Beginning in 1998, he sold huge pieces of Chipotle to McDonald's in exchange for the fast-food chain's help expanding
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CMG
Earnings
- 10/29/25 - Beat
CMG
Sec Filings
- 12/12/25 - Form 4
- 12/12/25 - Form 4
- 12/12/25 - Form 144
- CMG's page on the SEC website