Alan Stillman is well-known for what he does, as he is the founder of TGI Fridays, “Thank Goodness It’s Friday,” the restaurant chain’s real meaning is “Thank God It’s Friday.”
TGI Fridays has come a long way as it has grown into a global brand since 1965.
TGI Fridays have a total of 869 restaurants worldwide, with 303 chains serving the U.S. population, which was stated in feburary.
Being the founder and owner of such a billion-dollar generating business, Mr. Stillman is one of the big figures to look up to.
Alan has grown old over the years but he does his work well, as he seems to be in his 70-75 years old, based on his career and education records.
Alan disclosed that his intentions for opening the first TGI Fridays restaurant was to meet women!
Stillman purchased a bar he often visited, The Good Tavern, and renamed it TGI Fridays, hoping to spend some fun time with women.
Bringing a new idea of opening a restaurant serving drinks for middle-aged women, Stillman took over the field of restaurant business though he had no prior experience in the field.
His idea of naming the restaurant came from his days at Bucknell University, where he used to part on Friday.
His business TGI Fridays are flourishing with more than $2 billion in revenue as of a 2021 mentioned on the Franchise Wikipedia.
TGI Fridays is a franchising operation, while franchisees own most of the outlets. Meanwhile, Alan, as an owner of such a business is estimated to have more than $10 million based on his average earnings as the CEO.
Alan Stillman is married to his wife, Donna Stillman, with whom he started a family of his own.
Although TGI Fridays are well-known worldwide, its founder has kept many personal details about himself away from the limelight.
Alan and the whole Stillman family prefer to enjoy their lives privately rather than speaking their time with the media. Today, the family lives their lives to the fullest, thanks to Alan’s earnings.
Alan Stillman is in New York, his hometown, where the golden history of TGI Fridays started.
He and his family reside in one of the city’s posh areas and look over the billions-generating food empire. Mr. Stillman has stayed away from answering media questions in recent days.