Colonel Sanders sold the business in 1964 for $2 million and continued to collect a salary for his work as the face of the brand. The company went public two years later and was listed on the New York Stock Exchange by 1969. In 1971, Heublein Inc. acquired KFC for $285 million.Today, the KFC brand is worth roughly $8.5 billion and sees $26.2 billion in sales as one of the world's top 100 most valuable brands
This video is so special. Col. Sanders' franchises are still around today and his face is still being seen. I wonder if he had any ideas his business would be THIS successful. Way to go, Colonel.
on another episode of ‘I’ve got a secret”, i wrote - ‘Where’s Mr. Peepers’? and lo and behold here he is!! and he as really funny and developed a really cute character for his comic style :) 😋 this show is bringing back people i either forgot about or just have not thought for a long time. :} 🎭 thanks so much. “you’re the tops.”
no, you have that backwards. His 2million check was worth two-million. However as inflation has eroded the purchasing power (value) of each 1964 dollar by 89%, a person in 2020 would need $16.7 million modern dollars to match the same purchase power of the Col.'s 2million.
@@maxdecphoenix Your playing semantics. I must have written my comment late a night. Of course I meant to say "equal to" instead of "worth". And people know what I meant.
Bill Cullen , a great game show host did not make it to 74 years old . The age of Col. Sanders at that time . Mr. Cullen was also great as a panelist on IGAS .
My paternal Grandfather passed away in 1966 at age 78 -he had already retired about 1950 when he was 62 (rules different back then). My paternal grandmother had never worked and she was 67 at that time! I’m telling this story because she received Grandpa’s social security check for $125.00 to live on till she passed away in 1974 age 76. Can any of you imagine living off that amount of money??? SS is still not really giving many retired people enough to actually live on -
Panelist Bess Myerson was the mother of actress and writer Barra Grant. Barra appeared in a one-off episode of the MTM Show, as Judy Conrad, the fiancee of Mary's ex-boyfriend, Dan Whitfield. Poor Judy never did get to marry Dan. He saw Mary at his and Judy's engagement party, and that was it for Judy Conrad. Mary didn't marry Dan either. He proposed to her, but she turned him down. Dan had one more shot at Mary, while she was dating Joe Warner (the wonderful Ted Bessell). She wisely turned down Dan, (again) and stayed with Joe, only to have him leave on a business trip, and never see Mary again. No happy endings here.
That little boy has a Mickey Mantle card!! My sin collected baseball cards when he was younger (he’s 44) and my husband bought a Mickey card quite a few years ago - I never knew what he paid for it (I’m glad!!!) but it was more than the 10cents or so it sold for when this program aired! I sure hope this little guy kept his collection - probably would buy a house today😄😄😄. And yes, our son still has his while collection!!!
@@TheElliotPage Thanks for the explanation. I tend to forget that many of the TH-cam presentations of B&W episodes of TV shows from 1950's and early 1960's are kinescopes. Kinescopes typically have a crude, grainy and distorted appearance.
Because this was 1964 and KFC was only just getting started as a national brand about this time. Sanders' face was on the buckets but it wasn't an everyday name yet.
I like how they suggested Col Sanders would look good on a label (like whisky), because his look and image is iconic now.
Colonel Sanders sold the business in 1964 for $2 million and continued to collect a salary for his work as the face of the brand. The company went public two years later and was listed on the New York Stock Exchange by 1969. In 1971, Heublein Inc. acquired KFC for $285 million.Today, the KFC brand is worth roughly $8.5 billion and sees $26.2 billion in sales as one of the world's top 100 most valuable brands
Wow! Thanks for that fascinating information!
How can you have 26 billion in sales but are only worth 8 billion. Companies are worth many multiples the revenue
This video is so special. Col. Sanders' franchises are still around today and his face is still being seen. I wonder if he had any ideas his business would be THIS successful. Way to go, Colonel.
Around the same time period he was What's My Line and no one on the panel had heard of KFC.
The Colonels check would be worth about $17 million today.
Add another 2 million 2 years later d:
on another episode of ‘I’ve got a secret”, i wrote - ‘Where’s Mr. Peepers’? and lo and behold here he is!! and he as really funny and developed a really cute character for his comic style :) 😋
this show is bringing back people i either forgot about or just have not thought for a long time. :} 🎭
thanks so much. “you’re the tops.”
They did not mention the name "Kentucky Fried Chicken" because it was not the show's sponsor. Very strict sponsorship rules in those days.
I didn't even think of that. But he did manage to shoehorn in his slogan of Finger Lickin Good (which I guess was trademarked even back then??)
Col. Sanders $2 million check was worth about $16,724,850 in 2019.
no, you have that backwards. His 2million check was worth two-million. However as inflation has eroded the purchasing power (value) of each 1964 dollar by 89%, a person in 2020 would need $16.7 million modern dollars to match the same purchase power of the Col.'s 2million.
@@maxdecphoenix Your playing semantics. I must have written my comment late a night. Of course I meant to say "equal to" instead of "worth". And people know what I meant.
Something tells me Sanders didn't buy a yacht, 10 houses, a jet, and bling.
Nor did he drink it, or drug it away. Smart man.
Wally Cox did have a secret - he was the person most loved by Marlon Brando.
Bill Cullen , a great game show host did not make it to 74 years old . The age of Col. Sanders at that time . Mr. Cullen was also great as a panelist on IGAS .
I love that I’ve Got A Secret has had so many Minnesotans on. I think that is pretty cool. Wally Cox is a so funny and so underrated.
My paternal Grandfather passed away in 1966 at age 78 -he had already retired about 1950 when he was 62 (rules different back then). My paternal grandmother had never worked and she was 67 at that time! I’m telling this story because she received Grandpa’s social security check for $125.00 to live on till she passed away in 1974 age 76. Can any of you imagine living off that amount of money??? SS is still not really giving many retired people enough to actually live on -
I don’t think they ever used any of those edible spaceships. There must have been some hitch in that design.
My name is UNDERDOG and I've Got A Secret
😅😅😅😅😅
My real name is Shoeshine Boy.
Panelist Bess Myerson was the mother of actress and writer Barra Grant. Barra appeared in a one-off episode of the MTM Show, as Judy Conrad, the fiancee of Mary's ex-boyfriend, Dan Whitfield. Poor Judy never did get to marry Dan. He saw Mary at his and Judy's engagement party, and that was it for Judy Conrad. Mary didn't marry Dan either. He proposed to her, but she turned him down. Dan had one more shot at Mary, while she was dating Joe Warner (the wonderful Ted Bessell). She wisely turned down Dan, (again) and stayed with Joe, only to have him leave on a business trip, and never see Mary again. No happy endings here.
That little boy has a Mickey Mantle card!! My sin collected baseball cards when he was younger (he’s 44) and my husband bought a Mickey card quite a few years ago - I never knew what he paid for it (I’m glad!!!) but it was more than the 10cents or so it sold for when this program aired! I sure hope this little guy kept his collection - probably would buy a house today😄😄😄. And yes, our son still has his while collection!!!
Why does Garry Moore's hair appear much darker here ??
Garry Moore was nearly 50 years old in 1964. He may have put some dye in his hair to darken it.
@@michaelwascom62 & this a kinescoped episode (camera recorded it off a monitor),
so the picture is different (notice the corners are black)
this is kinescoped; notice at 0:00 how Wally's suit has darkness to it around the neck
@@TheElliotPage Thanks for the explanation.
I tend to forget that many of the TH-cam presentations of B&W episodes of TV shows from 1950's and early 1960's are kinescopes.
Kinescopes typically have a crude, grainy and distorted appearance.
They make almost an odd point of saying "the business" and not Kentucky Fried Chicken. why?
Because no one on that show had heard of it before.
It wasn't the show's sponsor
Henry Morgan’s comment about hearing about people who eat themselves out of house and home, that is exactly what Adam & Eve did to ALL of us.
Why don't they know Col Saunders?
Because this was 1964 and KFC was only just getting started as a national brand about this time. Sanders' face was on the buckets but it wasn't an everyday name yet.