By the time he died in 2015, Fred DeLuca had created a secretive, complex multibillion-dollar enterprise, and ensured no one knew Subway the way he did. We spoke with 20 of DeLuca s employees, business partners, and friends to understand why a man obsessed with his company failed to protect it:
Despite an estimated net worth of $3 billion, DeLuca eschewed designer suits, flew coach, and berated his daughter-in-law if she dared to pay up for organic produce at Whole Foods.
Frugality didn t always translate into modesty, though. As DeLuca grew Subway from a tiny submarine chain into a behemoth with 27,000 locations and $17 billion in global sales in its heyday, he refused to relinquish much control.
Pegasus California School served the children of the Chinese elite as a private boarding school in Qingdao, China. But with the help of California's top education official, it became a part of a Southern California public school district.
An Insider investigation found that some of California's highest-ranking education officials and leading public universities helped an elite private school in China seek preferential treatment for its students.
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