Chef Boyardee's founder sold the brand for $6 million in 1946-Conagra has just sold it for $600 million to a private equity firm

"The Chef Boyardee brand has grown from a $6 million sale in 1946 to a $600 million deal today, marking a 10,000% increase in value."

"Hector Boiardi, Chef Boyardee's founder, first made a name for himself as a top chef at big-name New York City hotels like the Ritz-Carlton."

"The Chef Boyardee brand has stock on thousands of grocery store shelves and boasts a 500-person strong manufacturing plant in Pennsylvania."

"During World War II, Chef Boyardee created field rations for the armed services, significantly increasing its annual revenue."

Chef Boyardee, founded by immigrant Hector Boiardi, represents the American Dream. After establishing his culinary expertise in luxury New York hotels, Boiardi opened a restaurant in Cleveland. The brand soared to nationwide prominence, thriving even during the Great Depression. A significant milestone was its production of field rations for the military during World War II, catapulting revenue to $20 million annually. Today, Chef Boyardee is recognized for its canned pasta products and has grown immensely in value, recently selling for $600 million after nearly a century of success.

Read at Fortune