Yes, Ray Kroc gives the McDonald brothers royalties. At the time of the sale, Kroc was giving the brothers annual royalties of around $200,000. His $2.7 million payment in 1961 was a luxurious sum for a private corporation; it was around 13.5 times the royalties at the time. Additionally, the San Bernadino location was very successful.
Jane Dobbins- Ex-Wife of Late American Businessman Ray Kroc.
•
•
4 min read