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Peter Cancro

Peter Cancro

Peter Cancro (#675)

Global Rank #675
Country Rank #280
Country United States

I'm kind of a go-the-other-way person.

  • $ 6 B
  • Jersey Mike's Subs
  • United States
  • M
  • 69 Years

Snapshot

Quick Facts

Global Rank #675
Country Rank #280
Net Worth $6.1B
Previous Worth $6.1B
Worth Change +$0.0B
Country United States
Industry Jersey Mike's Subs
Age 69 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 10 Sep 2026, 12:00 AM
Residence Miami, Florida
World Billionaires List United States Billionaires Jersey Mike's Subs

Profile Data

Personal Stats

Age 69
Source Of Wealth Jersey Mike's Subs, Self Made
Self Made Score 9
Philanthropy Score 1
Residence Miami, Florida
Citizenship United States
Marital Status Married
Children 4
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $6.1B
Current Net Worth $6.1B

Worth as of May 4, 2026

About Me

Peter Cancro is the chairman of popular sandwich chain Jersey Mike's. The Tinton Falls, New Jersey-based business recorded $4.2 billion in systemwide sales from more than 3,200 stores in 2025. It all started in 1972 when Cancro, then 14, got a job at Mike's Subs in his hometown of Point Pleasant, New Jersey. Three years later, the store came up for sale and Cancro borrowed $125,000 from his football coach to buy it. In 1981, Cancro changed the name to Jersey Mike's and began franchising across the U.S. Cancro sold a majority stake in Jersey Mike's to Blackstone in early 2025. The chain went pubic in July 2026; Cancro still owns around 10%.

Insights

Did You Know?

Only 1% of people who apply to own a Jersey Mike's franchise get one, according to the company, making it more competitive than getting into Harvard

Wealth Growth

Net Worth Growth Over Time

Tracking Peter Cancro's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $6.1B (May 4, 2026)

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