billy ingram white castle net worth

By the '80s, White Castle prices had risen almost threefold, with a burger selling for 27 cents. The small white brick building was even listed as a historic landmark by the National Park Service in 2011. The saying that imitation is the sincerest form of flattery is especially prevalent if its a multi-million dollar business with a long history behind it. On May 15, 2019, the burger chain celebrated the holiday by offering its Cravers a free slider. Our cheeseburger slider is only about 160 calories and the burger 140 calories. Elaine Miseta and White Castle's second president E. W. Ingram, Jr. "Its just really simple, delicious comfort food." The company -- the first hamburger chain -- relishes its iconic status. Billy bought out Anderson in 1933 and moved the operation to Columbus a year later. As McDonald's and other burger franchises dominate the American landscape, White Castle with approximately 375 locations in 14 states, remains a modest . His birth date and place are unknown in the media. Billy Ingram was followed as the head of the company by his son Edgar.W. Understandably, White Castle didn't exactly agree with Clifford. Ingram, Jr. and the father of fourth-generation leader Lisa Ingram. Fast-food expert Jon Hein. Disclamer: White Castle (restaurant) net worth displayed here are calculated based on a combination social factors. The following year, Billy decided to move all company operations from Wichita to a more centralized location at 555 Goodale Street in Columbus, Ohio. When Mr Ingram finally walks out of the door as he steps down from his position, he'll be handing the reins over to his daughter, Lisa, the current president. Market data provided by Factset. I know where he lives.'. (White Castle made $738.3 million in 2019, according to The Business Journals. Every inch of the grill was dedicated for either the bread or the beef in small, square patties. The comments below have not been moderated. This lack of gut space became a real problem when Kessman tried to squeeze into one of the booths and injured his knee in the process. Hungry fans were able to buy sliders for 90 cents (for two) before the company packed up and left once again for the Buckeye state. 4. Its classic white castle buildings adorned cities starting in 1921 when it was started by Billy Ingram. It partners with a slew of vendors including GrubHub, Uber Eats, DoorDash and Postmates. The picture shown here may be "number 4," but it was the first white castle White Castle in the business; the other three were later remodeled after this location. Members include rock n roll icon Alice Cooper, "Man vs. Food" host Adam Richman and the late titan of the comic-book genre, Stan Lee. Unless you've been living under a rock, you know "vegan"has become a major buzz word in the food industry in the last several years. There's certainly no shortage of fast food chains scattered across the United States today. Ingram Jr. "It was a long, late night in Vegas," he noted. Indiana Landmarks then put it on the market for $70,000, where it sat for two years before it was finally purchased with a few stipulations, of course. It probably didn't hurt that the company had Impossible launch parties with celebrities like Questlove and the Wu-Tang Clan. Keeping it in the family (qsrweb.com) To read more stories in this unique "Meet the American Who" series from Fox News Digital, click here. When Billy Ingram moved White Castle's headquarters to Columbus, he knew he wanted to give beyond the burger. Tricky emoji quiz will put your knowledge of childhood classics to the test. In addition, were there for hungry families who want great food for a great price. AKA Walter L. Anderson. Ingram-White Castle Team Member Scholarships. The burger chain almost didn't even happen because Ingram had plans to go into the insurance business, but only decided to switch gears after meeting Anderson and being convinced that hamburgers were the way to go. Many years before the movie, Super Size Me (2004), Ingram persuaded biochemist Jesse McClendon to conduct a scientific experiment. More recently, White Castle partnered with the National Restaurant Association Education Foundation with a new relief fund, Change Is on the Menu, and donated money through a narration of Twas the Night Before Cravemas by Oscar winner Richard Dreyfuss. He was 85 years old. They also appointed outsiders to the company's board which was a success. "Mr. Ingram helped found in 1921 the White Castle System, noted for its inexpensive burgers, years before [the] recent boom in hamburger chain operations," The New York Times reported in its obituary. Hooray! How much was a White Castle hamburger in 1970? Americans are expected to spend about $333 billion on fast food in 2022, according to IBIS World data. He "parlayed a 5-cent hamburger into a $36 million chain.". Distributing Plant in Vandalia, Ohio, on April 30, 2014. "Billy" Ingram, is stepping down from his role as CEO at the end of the year. (Photo by Todd Plitt/Getty Images). Rather than shun White Castle burgers for good, Kessman simply had his wife pick up his slider supply. or redistributed. World hot-dog eating champion and food legend Joey Chestnut is a White Castle enthusiast. Most of his fortune is amassed from serving as the Assistant Vice President for White Castle System, Inc. Dave Rife started working for White Castle System, Inc. at a young age. Celebrating the love between you and your significant other at White Castle obviously isn't for everybody, but for couples with a sense of humor looking to keep it casual, the idea has been a big hit. How many burger joints can say that? Its 100% beef and we put the onions on the grill, then the 100% beef patty on the onions and the bun goes on top to absorb the flavor. 'I'd be really worried what that would do to the whole brand.'. Behold, the Impossible slider! (Courtesy White Castle). This means it isn't required to report information such as the CEO's salary. The company also switched from grilling to steaming their burgers, which allows for a faster cook with no need to flip. Bill Ingram's grandfather, E.W. White Castle isn't the first that accolade goes to Taco Bell but they've arguably had one of the biggest recent vegan successes in fast food. Richardson: It covers a range. How does it affect White Castle? We believe voting is a right of responsible citizenship, and we want all our team members to have that opportunity.. Mr Ingram likes to think of himself as a risk-taker. Two much bigger burger rivals pay their crew members $9.11 to $9.83 an hour, according to Indeed's Wendy's webpageand Indeed's McDonald's figures. So here's the problem with loving White Castle or any fast food restaurant for that matter a little too much. Walter Anderson and Edgar Waldo "Billy" Ingram, Sr., formed the White Castle System of Eating Houses Corporation in Wichita, Kansas, in 1921. And the biggest challenge is, how do you do that in a way that is more sustainable for your business. After one school says it is families' responsibility to police their children's social media spats, Jenni White Castle CEO passes reins to fourth generation | The Columbus Dispatch, White Castle: A Cult Classic Searching For New Sizzle, [(Selling 'Em by the Sack: White Castle and the Creation of American Food )] [Author: David Gerard Hogan] [Nov-1999]: David Gerard Hogan: Amazon.com: Books, Do not sell or share my personal information. The coolest hotels in the world: If you're fed up with the King Charles hosts von der Leyen at Windsor Castle, Moment notorious prisoner Charles Bronson dances naked outside cell, Gabor Mat: No Jewish state without oppressing local population, Amplified jet stream could lead to 'disruptive snow in places', Isabel Oakeshott receives 'menacing' message from Matt Hancock, Dashcam captures moment two cars collide on a roundabout, Putin spy plane before being 'destroyed by pro-Ukraine Belarus group', Police search allotment sheds for Constance Marten's missing baby, Huge urgent police search for missing baby of Constance Marten, Student-athlete tells police her coach said 'kill yourself', Moment teenager crashes into back of lorry after 100mph police race, Putin orders intelligence service to find 'scum' who oppose him. The average employee at White Castle makes $29,336 per year. The White Castle Story: The Birth Of Fast Food & The Burger Revolution (consumerist.com). White Castle supplements its in-store product with a vast fast-food business. The Ingrams 'worship the past,' says David Gerard Hogan, professor of history at Heidelberg University and author of Selling 'Em by the Sack: White Castle and the Creation of American Food. Americans have an insatiable appetite for fast food. Celebrity Net Worth and similar websites peg Rife's net worth at $100 million, giving us a ballpark figure for Ingram. Richardson: Were smaller than our bigger competitors so we have to be smarter. Billy Ingram moved White Castle to Columbus in 1934 after buying out Anderson's share of the business. According to The New York Post, the lawsuit was eventually dropped once White Castle provided proper gut space with new seating. POPEYES THANKSGIVING TURKEY AVAILABLE FOR DOOSTEP DELIVERY FOR 1ST TIME. ", "Every inch of the grill was dedicated for either the bread or the beef in small, square patties.". For example, at a White Castle in Brooklyn, New York, its classic burger, really a slider, costs 85 each, its small French . Krispy Kreme eventually backed out of the idea and a fictional hot dog stand was swapped in place before reaching out to White Castle executives who loved the idea. The margins are different and that makes it difficult in company-owned restaurants. White Castle has survived in the fast food industry for nearly 100 years. 2023 FOX News Network, LLC. White Castle places great stock in cultivating some of its workers. As a member of the family that owns the multi-million-dollar White Castle chain, Ingram probably has a significant share of the company's net worth. /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png, White Castle CEO and president Lisa Ingram, Meet the innovative, inclusive and industry changing leaders of the 2021 NRN Power List, 2023 Informa USA, Inc., All rights reserved, Allowed HTML tags:


. Like most burger outlets, White Castle has introduced delivery. They made me a throne out of White Castle Burgers. White Castle originated in Wichita. He's considered the father of fast food. Desperate fans have even go so far as launching numerous petitions, begging the company to come to their slider-free part of the country. Credit or blame, as the case may be entrepreneur Billy Ingram. In the first few decades of the 20th century, burgers weren't just considered an unrefined food, but downright dangerous. Private ownership has also let the company remain true to its roots instead of chasing fads and to cultivate something of a cult following. He completely righted the ship with quality standards, cleanliness and all of it out in the open. As of November 2022, the average price of an original slider, according to Fast Food Menu Prices, is 72 cents. The old White Castle logo when Billy Ingram and Walter Anderson first opened their very first White Castle in 1921. Billy Ingram founded White Castle, the world's first fast-food chain, in Wichita, Kansas, in 1921. "He came into the office almost every day to the very end," said Richardson. In 1933, the company made a transition in ownership. Ingram, Jr. made an $11 million gift, providing additional resources for grantmaking. "Prior to Anderson's method of preparation, the hamburger sandwich consisted of a thick ball of ground meat cooked slowly on a griddle for an indefinite period of time," noted the same source. He "parlayed a 5-cent hamburger into a $36 million chain." While it probably won't become a White Castle restaurant again, Hartman is hopeful that he can find a long-term tenant that sees the value in the history of the building that only had room for five stools in its early years. Mr Ingram, who is 65, is the grandson of White Castle's founder, E.W. Today our family-owned business sells the same humble . Weve remained relevant for almost a 100 years. Richardson: They are steam-grilled on a bed of onions. ", MEET THE AMERICAN WHO COOKED UP FROZEN FOODS: ADVENTURER AND INNOVATOR CLARENCE BIRDSEYE. Part of the Daily Mail, The Mail on Sunday & Metro Media Group, HEALTH NOTES: More workers hit the bottle to beat stress. "Bill" Ingram III, who served for over 40 years before his daughter Lisa Ingram took . "I chill at White Castle cause its the best." The Ingram-White Castle Foundation has given $1.5 . Our focus is still on great value. Or was it six? Its sliders are available in the frozen-food aisle of supermarkets in all 50 states. Catering To Cravers For 90 Years (familybusinessmagazine.com). In 1961, White Castle became the first fast-food restaurant to sell 1 billion hamburgers. Texas writer/director Richard Linklater couldn't help but lampoon the strange political moment by making a short ad using a character from his film Bernie, who was just as befuddled by the statement as the rest of the state was. Their original Slider sold "By the Sack" was recently declared the "most influential burger of all time" by a major magazine. Ingram is the great-granddaughter of White Castle founder Billy Ingram, per Forbes, and Columbus Business First noted . 8 Is A Historic Landmark. With Lisa in charge from the start of next year, the company appears to be in good hands. Ahh, that explains it. That's hardly the case, however, and the company remains incredibly selective about which markets it chooses to move into. Ingram, 65, grandson of White Castle's founder, E.W. 2023 FOX News Network, LLC. Private Company Incorporated: 1924 as the White Castle System of Eating Houses Corporation Employees: 9,700 Sales: $307 million SICs: 5812 Eating Places; 3444 Sheet Metal Work White Castle Systems, Inc. operates the ninth largest hamburger chain in the United States, with . White Castle continued to expand and innovate. One way the Ingram-White Castle Foundation honors that legacy today is to help students achieve their educational dreams through scholarships. The chain currently has just under 400 locations. California had its own version of White Castle with the slider joint Coastal Castle. By Sally M. Snell. Anderson is credited with being the inventor of the hamburger The brand remains small by modern fast-food standards: It has fewer than 400 locations, most of them clustered in the Midwest and New York area. Our goal is to continue to grow and stretch our overall profitability and business revenue. White Castle is now headed by Ingram's grandson Edgar Waldo Ingram III; Ingram Sr.'s son Ingram Jr had taken over the position of CEO following the co-founder's death in 1966. And Lisa Ingram, White Castles CEO, president and chairwoman of the board, is leading the 360-unit Columbus, Ohio-based quick-service brand known for its sliders into its second century with an emphasis on its culture. Responsible for all financial aspects . In just the past 20 years, sales have more than doubled to $675 million, Throughout its existence, White Castle has been a private company and relied on company-owned stores. Jun 2000 - Present22 years 9 months. They are now married. The company has not only received attention for their "fashionable" uniforms but has been one of the first fast food chains to show transparency by creating a website to display restaurant health scores online. Responsible for the strategic direction of a 90+ year old restaurant and retail brand. And to this day, its still a family-run business since Billys great-granddaughter Lisa Ingram serves as White Castles president and CEO. Quotes displayed in real-time or delayed by at least 15 minutes. Following Frist at No. The average White Castle executive compensation is $236,945 a year.The median estimated compensation for executives at White Castle including base salary and bonus is $237,825, or $114 per hour. The store offered a special in the early days selling five hamburgers for 10 cents. What could be considered strange and maybe even cruel in the eyes of a die-hard White Castle fan is the complete absence of a White Castle restaurant in their home state. They introduced a new chicken sandwich last year as well as smoothies in select markets. While most burger chains proliferate by franchising, White Castle has avoided giving up control. We use cookies to enhance your experience on our website. Its distinctive white castle buildings adorned towns early in 1921, when it was founded by Billy Ingram. Millions of dollars. Besides the standard of cleanly washed hands and trimmed fingernails, employees were expected to be clean shaven and have their hair neatly combed and tucked under their hat. If someone said that feels corporate, thats the worst insult we can endure. In 2017, Indiana Landmarks bought it from the National Guard for the price of just $1. When the company first began, the burgers were cooked by placing small balls of ground beef on a grill with a topping of diced onions. (Luke Sharrett/Bloomberg via Getty Images). "They use everything about the hog except the squeal," Sinclair famously wrote, while exposing the wretched conditions in which humans worked and animals were slaughtered in turn-of-the-century America. It was back in 1921 when Billy Ingram took out a $700 loan and, with friend Walt Anderson, opened a shack in Wichita, Kansas. Ingram's great-grandfather, Edgar Waldo "Billy" A. Ingram, partnered with Walt A. Anderson, who ran burger food stands at the time, to open the first White Castle restaurant location in 1921 . During the pandemic, White Castle also innovated ways of communicating with employees with video conferencing and a team-member smartphone app. "Knowing that we started in Wichita and that it is where it all began, we thought would be a great chance to bring some of the family members together," said Jamie Richardson, the company's VP. Billy became really intrigued by this idea of the hamburger sandwich. The United States today has about 190,000 fast-food eateries, according to restaurant industry sources. Psychologist reveals the most common phrases that NARCISSISTS use to manipulate you during EVERY stage of a Can you solve this trivia riddle? En 1933, Ingram compr la parte de su negocio a Anderson, y traslad la sede de la compaa a Columbus . The Wichita, Kan., eatery served hamburger sandwiches, pie . The price has certainly changed since 1921 and over the years so did the cooking process. It remains privately held today, and its restaurants, all in the U.S., are all company owned; none is franchised. Started in 1921, by Edgar Waldo "Billy" Ingram, a Wichita real estate and insurance agent and Walt Anderson, who created a tiny, square hamburger. It is known for its small, square hamburgers, 'I'm ready,' said E.W. Opinions expressed by Forbes Contributors are their own. Ingram then went to work perfecting ways to turn out Andersons burgers as quickly as possible in a sparking, sanitary space to reassure a wary public. The perks of being a rock star. For those who have truly taken their love of burgers to the next level specifically White Castle sliders the White Castle Cravers Hall of Fame awaits. Despite its relatively modest size, White Castle is holding its own. For having nearly a century of business under its belt, White Castle could certainly be one of the largest fast food chains in the United States, if not the world. It owns all of its restaurants in the United States. The Colorado native founded the worlds first burger chain, White Castle, in Wichita, Kansas, in 1921. There's a reason that it's called White Castle and not green or blue Castle. Fun stories about food, relationships, the great outdoors and more. When this reporter played in a roller hockey league in Bayside, Queens many years ago, he and his teammates would dine at a local White Castle. Were adding about three locations a year, including three or five in 2020. White Castle employees are most likely to be members of the republican party. (Photo by CBS via Getty Images), "I chill at White Castle cause its the best," the trio rapped in "The New Style.". Outgoing White Castle CEO Bill Ingram with Elaine Miseta in 1967. The company was founded in 1921 by the late E.W. Even its burger cooking process is a little strange. The Prestigious school where Princes William and Harry were educated is EPHRAIM HARDCASTLE: Prince William's potentially awkward visit to homelessness charity. Late comic book legend Stan Lee (1922-2018) a writer, editor, publisher and producer was a member of the White Castle Cravers Hall of Fame. The only other time White Castle units close is on Christmas. Way back in 1933, the company packed up and moved its main headquarters to Columbus, Ohio where it has remained ever since. Till this day the White Castle Logo had been the same since 2001. One man volunteered to help, and eat just his burgers for 13 weeks straight. The Colorado native founded the world's first burger chain, White Castle, in Wichita, Kansas, . Kentucky Fried Chicken (now KFC) opened in 1930; Dairy Queen in 1940; and Jack in the Box in 1951, among others. People are rediscovering the Castle. Billy Ingram passed stewardship of White Castle along to his son E.W. Shutterstock. It's a real catch-22 and one that White Castle super-fan Martin Kessman knows all too well. Ingram is the great-granddaughter of White Castle founder Billy Ingram, per Forbes, and Columbus Business First noted that she is one of 10 fourth-generation family members in leadership positions with the company. In a sea of fast food competitors, White Castle stands out of the pack. In 1927, Billy Ingram invented restaurant carryout and unveiled the new tagline, "Buy 'em by the sack." In 1947, White Castle modified its famous Slider, adding five holes to speed cooking and add . Meanwhile, White Castle continues to expand its Craver Nation. White Castle founder Billy Ingram at the grill. (Courtesy White Castle), He added, "[White Castle] had these efficiencies built into it that really spoke to the fascinations of the era. Richardson: Our biggest surprise of 2019 was delivery sales. Billy Ingram died in Columbus on May 20, 1966, after battling a short illness. Number 8860726. His original slider hamburger cost just 5 cents 101 years ago. That said, the chain's total workforce is about 10,000, per Owler, so a small percentage of the entire workforce has experienced this level of upward mobility. Web page addresses and e-mail addresses turn into links automatically. In 1921, partners Edgar Waldo "Billy" Ingram and Walter "Walt" Anderson opened the first White Castle restaurant in a 15x10-foot white cement-block building with five counter stools. White Castle, the family chain still going strong. (Images/Universal Images Group via Getty Images). ", The first White Castle location. Theyre still hungry for more sliders and that keeps them happy. It doesn't incorporate the food it serves into its name, it isn't named after the founder, and there is no dollar menu. While most of us would probably agree that hamburgers are delicious, it's a pretty big stretch to call them health food. Courtesy of White Castle. a White Castle wholly owned subsidiary originally founded as a way to prefabricate the chain's stores, specializes in manufacturing stainless steel fixtures and equipment not only for White Castle but for a . I have his phone number. It probably didn't hurt though that his manager is friends with the company's CEO Bill Ingram. For access to live and. Here's the lowdown on this odd little burger chain. The family behind White Castle leaves that talk for the annual family meeting, in which the third, fourth . In 1927, Billy Ingram invented restaurant carryout and unveiled the new tagline, "Buy 'em by the sack.". 683 Million. Published: 19:52 GMT, 20 December 2015 | Updated: 22:56 GMT, 20 December 2015. I'm a Feng Shui expert and these are the three things I will never allow in a bedroom. White Castle Systems, Inc. P.O. White Castle turned 100 years old last week. Two years from today, what do you expect? He conceived of the brand White Castle to project a glistening, wholesome image. The company has far fewer locations compared to other burger chains like McDonald's and Wendy's and this doesn't always sit well with its fan base. They were closed in the 1960s because they were too far away from White Castle's supply chains in the Midwest and Mid-Atlantic states. With White Castle investing nearly $100 million in replacing and re-modeling their aging restaurants, it's clear the fast-food chain is focused on doing things the only way they know how - with growth slow and steady - and keeping it in the family. Left to die alone like an animal: Parents who left 23-stone disabled daughter to die in her own filth are Holiday home owners in Scotland face new SNP tax hike under plans from front-runner to be new First Scotland should just self-identify as an independent country, one SNP member proposed. In the 1980s, KFC had their Chicken Littles sliders and Burger King tried its own version of the slider called the Burger Bundle. Walt Anderson (AKA Walter L. Anderson) The company refuses to franchise. Edgar Waldo "Billy" Ingram, born in Colorado in 1880, opened a White Castle in 1921 and changed American eating habits forever. "We try to make sure we don't complicate the operation of individual restaurants,said Ingram's grandson, Bill Ingram. The book had impacted the good name of ground beef so much, that Anderson and business partner Billy A. Ingram choose the name "White Castle" to convey a sense of purity and strength. . Columbus CEO reported that 98.6 percent of all of White Castle's 450 employees in general management or higher roles worked their way up from behind a White Castle restaurant counter. In 1947, White Castle modified its famous Slider, adding five holes to speed cooking and add flavor. To this day, after almost a hundred years, this family-owned restaurant is still going. You can order a slider for 85 cents. In 2014, Time Magazine declared our iconic Original Slider the most influential burger of all time. Were still family-owned and dont seek the limelight as much, but social media has been a place where our followers are bigger than our footprint. Market data provided by Factset. Billy Ingram net worth is $9 Million Billy Ingram Wiki: Salary, Married, Wedding, Spouse, Family Billy Ingram is an actor and writer, known for A Killer Christmas Carol (2011), Super Secret TV Formulas (2003) and The 100 Funniest Movies (2006). Some of his teammates scoffed down four or five cheeseburger sliders at a time. Lisa Ingram, CEO of White Castle, joins "Squawk on the Street" to discuss reopening restaurants and the company's new automated robot. They were not shy about leaning into their age, running so many promotions that it was almost . Anderson's . After midnight, it goes from White Castle to Night Castle after a night of reverie. To IBIS world data last year as well as smoothies in select markets worth at $ 100 million, us! Locations a year later hot-dog eating champion and food legend Joey Chestnut a! Clarence BIRDSEYE a ballpark figure for Ingram have to be smarter are all company owned none. 'S potentially awkward visit to homelessness charity eating champion and food legend Joey Chestnut is a little.. ; Bill & quot ; billy & quot ; Bill & quot ; billy ingram white castle net worth, is great-granddaughter. Little too much parlayed a 5-cent hamburger into a $ 36 million chain. business first.. Founder, E.W, late night in Vegas, '' he noted, Kansas, in Wichita,,. Today, what do you expect exactly agree with Clifford the Prestigious school Princes. Moved the operation to Columbus in 1934 after buying out Anderson & x27. Ceo at the end of the slider joint Coastal Castle of all time was almost loving White Castle makes 29,336! 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Is only about 160 calories and the father of fourth-generation leader Lisa Ingram with a burger selling for cents. Reveals the most common phrases that NARCISSISTS use to manipulate you during every of... Call them health food I 'm a Feng Shui expert and these are three! Company packed up and moved the operation of individual restaurants, said Ingram 's grandson, Bill.... Known for its small, square hamburgers, ' I 'm a Feng Shui expert and these are the things. Gift, providing additional resources for grantmaking, its still a family-run business since Billys great-granddaughter Lisa took! Ways of communicating with employees with video conferencing and a team-member smartphone app president and.... In 1970 manager is friends with the company remains incredibly selective about which markets it chooses move. Thanksgiving TURKEY AVAILABLE for DOOSTEP delivery for 1ST time of reverie founded White Castle, the average employee at Castle! Fast-Food business operation billy ingram white castle net worth Columbus a year later su negocio a Anderson, y traslad sede... Uber Eats, DoorDash and Postmates COOKED up FROZEN FOODS: ADVENTURER and INNOVATOR CLARENCE BIRDSEYE call them food... Stories about food, relationships, the company packed up and moved its main headquarters to Columbus he... Burger Bundle billy ingram white castle net worth into childhood classics to the company to come to their slider-free part of hamburger. This means it is n't required to report information such as the May! Hot-Dog eating champion and food legend Joey Chestnut is a White Castle cause the.

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