Kentucky Fried Chicken (KFC) Owner John Y. Brown Dies
Kentucky Fried Chicken (KFC) chain owner John Y. Brown Jr., has died. He passed away at the age of 88.
The former Democratic governor reportedly died due to a series of health problems that stemmed from COVID-19 complications which began this summer.
John Y. Brown was in the ICU in Lexington for three weeks before his passing.
His family has released a statement confirming his death.
John Y. Brown was born in Lexington, Kentucky, in 1933. John Brown paid his way through college and law school at the University of Kentucky as one of Encyclopedia Britannica’s top salesmen.
Following service in the US Army Reserve, he co-purchased KFC from Harland Sanders for $2 million.
In January 1965 became president of KFC. However, 1971 he sold it to Heublein Corp in a $275 million stock swap.
Brown received nearly $21 million in Heublein stock for his KFC shares.
More details to follow…