This article will delve into the “Lance Chody Net Worth” and the “Lance Chody Bio”. Lance Chody is an American entrepreneur and real estate developer. He holds the position of founder and CEO at Chody Real Estate Corp.
This company is based in Chicago and specializes in real estate development. Additionally, he serves as the Chairman and CEO of Garrett Brands LLC.
Introduction of Lance Chody | Lance Chody Bio
Lance Chody is an accomplished food entrepreneur. He holds the position of Chairman & CEO at Garrett Brands LLC.
With extensive experience in the food sector, he has accumulated a significant net worth estimated to be in the millions. His involvement in numerous successful ventures and businesses over the years has been instrumental in his wealth accumulation.
Lance Chody Early Life
Lance Chody was born on August 1, 1957, in Chicago, Illinois. He grew up in a large family, where he gained an appreciation for hard work, determination, and community. His parent’s names are unknown.
Lance Chody Education
Lance Chody is a highly educated individual. His knowledge has been instrumental in his business success. He dedicated himself to his studies to earn his degree. The skills he acquired during his education are crucial.
They apply directly to his roles as CEO of Garrett Brands LLC and founder of Chody Real Estate Corp. His time in school has provided him with the tools he utilizes daily in these positions.
Lance Chody Personal Life | Lance Chody Wife – Family
Lance Chody is married to Megan Chody. She plays a crucial role within the Garrett Brands family. Megan Chody serves as both Lance’s life partner and the director of consumer engagement at Garrett Brands.
Their partnership reflects a shared vision and commitment to excellence, evident in their achievements. They are proud parents to three lovely daughters: Hannah, Elle, and Brett.
Lance Chody Career and Achievements
Significant achievements mark Lance Chody’s career. It all started with his education in business administration.
In the snack industry, he has achieved significant progress. He acquired companies like Garrett Brands and Frango Chocolate Mints. This move solidified his position as a prominent business figure.
Acquisition of Garrett Brands
In 2005, Lance Chody acquired Garrett Popcorn Shops. This cherished chain, founded in 1949, is based in Chicago.
With his entrepreneurial vision, Garrett Popcorn expanded globally. The brand now has 48 stores in major cities such as Atlanta, Las Vegas, Tokyo, Madrid, and more.
The chain is renowned for its iconic caramel crisp and cheese-corn flavors. This has attracted a dedicated global fan base of popcorn enthusiasts.
Lance’s leadership has propelled Garrett Popcorn to success. It has become a cherished brand that embodies Chicago’s vibrant culinary legacy.
Garrett Brands LLC Website:- Click Here
Acquisition of Frango Chocolate Mints
In 2017, Lance Chody expanded his collection of renowned Chicago brands. He did so by acquiring Frango chocolate mints. This move reinforced his dedication to preserving and revitalizing local traditions.
Frango is celebrated for its delightful mint chocolates. It holds a cherished spot in the hearts of Chicago residents. Under Lance’s guidance, the brand thrives. It brings joy to chocolate enthusiasts both locally and globally.
Lance Chody Net Worth and Lance Chody Bio-Data
|Real Name/Full Name||Lance Chody|
|Nick Name||Lance Chody|
|Lance Chody Birthday||August 1, 1957|
|Lance Chody Age||65 years old|
|Birth Place||Chicago, Illinois|
|Parents Name||Father – NA|
Mother – NA
|Height||5 feet 9 inches (175 cm)|
|Weight||72 kg (158 lbs)|
|Lance Chody Wife Name||Megan Chody|
|Lance Chody Children Name||Hannah, Elle, and Brett|
|Profession||Entrepreneur, Chairman & CEO at Garrett Brands LLC|
|Lance Chody Net Worth||$50 million|
Lance Chody As A Public Figure – Social Media Influencer
|Social Media Site||Linked Destination|
|Lance Chody Instagram||Click Here|
|Lance Chody Linkedin||Click Here|
Lance Chody Net Worth | Lance Chody Salary
As of 2023, Lance Chody net worth is estimated at $50 million. Lance Chody holds the position of Chairman & CEO. He leads Garrett Brands LLC, a thriving real estate company.
Lance Chody Sources of Income
Lance Chody has achieved remarkable success in his career. This success has significantly contributed to his wealth. His income sources include:
- Business Ventures: Lance Chody has made successful investments. These include the acquisition of Garrett Brands and Frango Chocolate Mints.
- Chairman and CEO Roles: He presently serves as the Chairman and CEO at Garrett Brands LLC. Additionally, he has been part of Garrett Popcorn Shops for more than 24 years.
- Real Estate: In 1980, Lance Chody established Chody Real Estate Corp. He still actively manages all aspects of the company.
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Lance Chody House
The couple transformed Garrett Popcorn Shops into an international brand. They sold their Lake Forest home for $4.72 million.
This is a five-bedroom residence. It’s situated on 1.31 acres at 575 East Westminster in Lake Forest. Lake Forest is a northern suburb of Chicago. The property was first listed for $4.4 million in 2019.
Lance and Megan Chody are the owners of Garrett Brands. Garrett Brands is known for Chicago’s cheddar and caramel popcorn and Frango chocolate mints. They bought the Lake Forest home in 2002 for approximately $2.8 million.
The house was constructed in 1900. It comprises three primary levels. The first floor includes a formal living room, a dining room, and a chef’s kitchen. The second floor has four bedrooms. The basement features a gym, a golf simulation room, a recreation area, and a wine cellar.
In 2005, Chody acquired Garrett Popcorn for $7-8 million. This acquisition led to the expansion of Garrett Popcorn to 48 stores in cities such as Chicago, Atlanta, Las Vegas, Madrid, and Tokyo by 2019.
The Lake Forest sale marks the 94th home in the Chicago area. It has exceeded the $4 million mark in 2023. This suggests a potential surpassing of the 2021 record, which saw 104 such sales.
FAQ – Lance Chody Net Worth
What is Lance Chody’s Net Worth?
Lance Chody’s net worth is approximately $50 million in 2023.
How old is Lance Chody?
Lance Chody is 65 years old.
What is the name of Lance Chody’s wife?
Lance Chody’s wife’s name is Megan Chody.