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Chet Cadieux Net Worth – Founder of the QuikTrip Convenience Store Chain
Having a net worth of $3 million, Chester Cadieux is a successful businessman. He owns a jewellery store named Lalitha Jewellery. He also owns a company called QuikTrip that has plans to expand. He is married to his wife, Chet.
Chester Cadieux’s career
Founder of the QuikTrip Corporation, Chester Cadieux’s career was a long and illustrious one. He founded the QuikTrip chain of convenience stores in 1958 with a fellow Tulsan, Burt Holmes. Despite their limited product selection and high prices, the duo barely made a profit in their first few years.
The company he founded, QuikTrip, has become a regional gasoline/convenience store operation that has grown from eight stores in Tulsa, Oklahoma, to 700 in eleven states. QuikTrip is ranked as the 33rd largest privately held company in the United States.
Chester Cadieux was born in Tulsa, Oklahoma. He attended Tulsa Central High School and the University of Oklahoma. He also joined the United States Air Force, where he spent four years.
He was a member of the National Association of Convenience Stores, as well as the Tulsa Chamber of Commerce. He also served on the board of trustees at the University of Tulsa, the Tulsa River Parks Authority, and the Tulsa Area United Way.
QuikTrip’s expansion plans
Founded by Chester Cadieux and Burt Holmes in 1958, QuikTrip is one of the nation’s largest regional gas/convenience store operations. It operates over 800 stores across 11 states, with more than 500 openings this year.
In addition to a leading convenience store brand, QuikTrip is also the nation’s 37th largest privately held company. It also ranks #29 on Forbes list of the largest privately held companies. Its annual sales are over $10 billion.
QuikTrip has a long history of being named one of the best companies to work for in the United States. It has been on FORTUNE magazine’s 100 Best Companies to Work For list for the past twelve years. It is also one of the few retailers to receive top-tier ratings from BMW, Volkswagen and Mazda.
QuikTrip is currently owned by the Cadieux family, who also owns the RaceWay and RaceTrac convenience stores. The family’s net worth is estimated at $1.9 billion.
Chet Cadieux is a member of several boards, including the National Association of Convenience Stores and the Tulsa Metro Chamber of Commerce. He also serves as the Chairman of the Board for QuikTrip Corporation. Cadieux has also been inducted into the Convenience Store News Hall of Fame.
Chet Cadieux’s wife
Considering he’s the brains behind the largest company in Oklahoma, Chet Cadieux is quite a jack of all trades. He has been recognized for his efforts in both the business and community sectors. Having been in the company for over two decades, he has managed to amass a hefty 401K.
It’s no surprise that Chet Cadieux has an executive office located at the aforementioned Tulsa landmark, but he’s also a member of the board of directors of both the Tulsa Metro Chamber of Commerce and the Tulsa River Parks Authority. He’s also an honorary member of the Tulsa Country Chamber of Commerce and the Tulsa Business Council. With his leadership positions, he has earned the title of Tulsa’s most powerful businessman. Aside from his executive role, he’s also a dedicated family man who enjoys spending time with his wife and two kids. Aside from his business acumen, he’s also a proud member of the Tulsa Community Foundation and is an active member of the Tulsa Rotary Club.