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Fortune
Fortune
Business
Steve Mollman

Heirs of Subway’s billionaire founders could become some of America’s richest people overnight in a $10 billion sale deal

(Credit: ERIC PIERMONT/AFP via Getty Images)

The late co-founders of Subway, Fred DeLuca and Peter Buck, had little inkling decades ago their sandwich shop in Bridgeport, Conn., would grow into one of the world’s largest restaurant chains. But now, their heirs stand to become some of the richest people in America. 

The sandwich giant is exploring a sale that could value it at more than $10 billion, and has retained advisors with that in mind, according to the Wall Street Journal, citing people familiar with the situation

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