Founders Of Fried Chicken Chain Zaxby's Are New Billionaires

Staff Report From Georgia CEO

Wednesday, April 2nd, 2025

 

Zach McLeroy and Tony Townley became best friends in the seventh grade while growing up around Athens, Georgia. Then in their late 20s, they decided to go into business together. 

The friends each put up $8,000 to open a chicken finger restaurant near the campus of Georgia Southern University, where Townley had gone to college. They officially opened the first Zaxby’s – or “Zax,” as it was called then, a play on McLeroy’s name – in 1990.

Read More at Forbes.