First it was Chic-fil-A. Could Papa John's Pizza be next?
A bubbling undercurrent of anger has been directed towards the popular pizza chain after its founder and CEO John Schnatter blamed President Obama’s Affordable Healthcare Act for higher pizza prices.
While it's expected that Papa John’s employees will receive better health coverage under the Affordable Healthcare Act, Politico.Com quoted Mitt Romney supporter Schnatter saying, “We’re not supportive of Obamacare, like most businesses in our industry. But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare.”
But what about Schnatter himself?
Schnatter, who in 2011 was named number 17 on Forbes list of the wealthiest people under 40, has a net worth of $240 million -- which he made from the some 3400 restaurants in the Papa John’s franchise.
As pointed out in FreakOutNation, his home in Anchorage, Alaska is reportedly 40,000 square feet and resembles a castle, with its Romney-esque 22-car underground garage and 16 acres of grounds, complete with golf course.
FreakOutNation also says Schnatter’s property was acquired through hard work -- but also generated by the hard work of his underpaid employees.
In some places a delivery driver for Papa John’s will make under $6.41 per hour, according to GlassDoor.Com. Now Schnatter’s company says it will have to charge approximately 15 cents more per pizza to comply with the new Affordable Healthcare Act to cover his insured employees.
While Schnatter issued his statement from a business standpoint, he seemed to forget the most important aspect of running his company: The people who make and deliver the actual pizzas.
A picture of Schnatter's home. From FreakOutNation: