Co-founder of Subway sandwich shop chain Peter Buck dies aged 90

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Peter Buck&comma; whose 1&comma;000 US dollars &lpar;£750&rpar; investment in a family friend’s Connecticut sandwich shop in 1965 provided the genesis for what is now the world’s largest restaurant chain — Subway — has died&period; He was 90&period;<&sol;p>&NewLine;<p>Buck&comma; a nuclear physicist who was born in Portland&comma; Maine&comma; in 1930&comma; died at a hospital in Danbury&comma; Connecticut&comma; on November 18&comma; Subway said in a statement&period; The cause of his death was not disclosed&period;<&sol;p>&NewLine;<p>At 17&comma; family friend Fred DeLuca had asked Buck how he could make some money to help pay for college&period; Buck’s answer&quest; Open a sandwich shop&period;<&sol;p>&NewLine;<p>In 1965&comma; he and DeLuca opened &OpenCurlyDoubleQuote;Pete’s Super Submarines” in Bridgeport&comma; with the priciest sandwich selling for 69 cents &lpar;52p&rpar;&period;<&sol;p>&NewLine;<p>The duo changed the name to &OpenCurlyDoubleQuote;Subway” three years later and decided to turn it into a chain by franchising — a move that would eventually make both of them billionaires&period; Forbes estimated Buck’s net worth at &dollar;1&period;7 billion&period; DeLuca died in 2015 at age 67&period;<&sol;p>&NewLine;<p>Subway says it now has more than 40&comma;000 locations worldwide&comma; topping McDonald’s and Starbucks&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We didn’t make a profit for 15 years&comma;” Buck told The Wall Street Journal in 2014&period;<&sol;p>&NewLine;<p>Asked if he ever thought the chain would grow so big&comma; he told the newspaper&comma; &OpenCurlyDoubleQuote;I always thought we’d get bigger and bigger&comma; but I really didn’t have a certain number in mind&period;”<&sol;p>&NewLine;<p>As a physicist&comma; Buck was hired by General Electric in 1957 at a laboratory in Schenectady&comma; New York&comma; and worked on atomic power plants for US Navy submarines and ships&period;<&sol;p>&NewLine;<p>He later worked for United Nuclear in White Plains&comma; New York&comma; and Nuclear Energy Services in Danbury&comma; where he made his home&comma; according to an obituary prepared by his family&period;<&sol;p>&NewLine;<p>He also pursued philanthropy&comma; making significant donations to many organisations including the Smithsonian Institution&comma; to which he gave a 23-carat ruby named after his late second wife&comma; Carmen Lucia Buck&comma; in 2004&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68cd3cdf8cc31">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68cd3cdf8cc31'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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