Danny Meyer built a successful restaurant empire in Manhattan, starting with Union Square Cafe. His chain Shake Shack, originated from a hot dog stand, now thrives with 585 locations and $1.3 billion in revenue. Estimated net worth exceeds $1 billion, primarily linked to Shake Shack's stock value. Meyer owns 3.5 million shares, worth around $500 million. He has previously sold portions of his stake and retains his collection of restaurants within Union Square Hospitality Group, alongside various investments.
"Meyer, who did not respond to a request for comment on Forbes' estimates, owns around 3.5 million shares, currently worth about half a billion dollars."
"Shake Shack, Meyer's super successful twist on hamburgers and frozen custards, now boasts 585 locations and $1.3 billion in revenue, establishing Meyer as a fast food giant."
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