who owns raising cane's

Raising Cane's is owned by its founder Todd Bartlett Graves, who retains a majority ownership of the company, holding about 92% of the business. Todd Graves founded Raising Cane's in 1996 in Baton Rouge, Louisiana, and has grown it into one of the fastest-growing fast casual chains in the United States with over 900 locations across 42 states. Graves is known for being very hands-on in the company and retains control over its operations and brand development. As of 2025, the company is privately held, and Graves is America's wealthiest restaurateur with an estimated net worth of $22 billion from his ownership in Raising Cane's.