Brian Niccol Net Worth (2024)

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What is Brian Niccol's net worth? ›

Brian R Niccol has an estimated net worth of $339 Million. This is based on reported shares across multiple companies, which include CHIPOTLE MEXICAN GRILL INC, YUM BRANDS INC, HARLEY-DAVIDSON, INC., and KB HOME.

The estimated net worth of Brian R Niccol is at least $68 Million dollars as of 2024-07-10. Brian R Niccol is the Chairman, CEO of Chipotle Mexican Grill Inc and owns about 1,133,450 shares of Chipotle Mexican Grill Inc (CMG) stock worth over $66 Million.

Quenneville said that in 2022, Chipotle reported massive earnings of $8.6 billion. In addition, Chipotle CEO Brian Niccol pocketed more than $17 million last year. “While CEO Niccol takes home more than $17 million, he offers workers an insulting five cent raise,” Quenneville said.

The estimated net worth of Steve Ells is at least $601 Million dollars as of 2024-07-14. Steve Ells is the Executive Chairman of Chipotle Mexican Grill Inc and owns about 10,416,950 shares of Chipotle Mexican Grill Inc (CMG) stock worth over $601 Million.

According to proxy filings with the Securities and Exchange Commission Monday, Niccol earned a total of $17.2 million last year. That's down from the $17.9 million in total compensation earned in 2021. Niccol's base salary of $1.25 million has not changed since 2020, though other executives got a raise last year.

Steve Ells

Chipotle Mexican Grill / Founder

According to the latest TipRanks data, approximately 88.05% of Chipotle (CMG) stock is held by retail investors. Who owns the most shares of Chipotle (CMG)? iShares owns the most shares of Chipotle (CMG).

In 2006, McDonald divested its stake in Chipotle, allowing the company to operate fully as an independent entity. This move allowed Chipotle to pursue its own growth trajectory and stay true to its core values. Throughout the 2000s and into the 2010s, Chipotle's popularity soared.

The average Chipotle restaurant makes $2.2 million in annual gross sales, with a profit margin of 22%. After costs, a Chipotle franchisee could potentially earn $80,000–$100,000 in profit per year. However, exact earnings depend on sales volume, location, competition, and operating expenses.

Crew members at Chipotle can advance to a Restaurateur in as little as three and a half years, with a total potential compensation package of approximately $100,000 while leading a multi-million-dollar business.

Who is the CEO of Chipotle now? ›

But then, the CEO of Chipotle, Brian Niccol, gave an utterly bizarre interview this week that bothered me more than I'd like to admit.

This was part of a larger initiative for McDonald's to divest all of its non-core business restaurants — Chipotle, Donatos Pizza, and Boston Market — so that it could focus on the main McDonald's chain. McDonald's had invested approximately $360 million into Chipotle, and took out $1.5 billion.

Chipotle Mexican Grill gross profit for the twelve months ending March 31, 2024 was $2.721B, a 20.91% increase year-over-year. Chipotle Mexican Grill annual gross profit for 2023 was $2.586B, a 25.41% increase from 2022. Chipotle Mexican Grill annual gross profit for 2022 was $2.062B, a 20.8% increase from 2021.

This approach ensures that Chipotle's “Food with Integrity” promise is upheld consistently. If franchising were an option, the cost would range between $1.2 million and $2.8 million, reflecting the brand's unique business model and high-quality standards.

Chipotle's sales success

This is a testament to the company's outstanding financial performance. In 2023, Chipotle generated $9.9 billion in revenue, a 14% jump from 2022's $8.6 billion. In addition, its net income increased a whopping 37% year over year to $1.2 billion.

Chipotle Mexican Grill has a market cap or net worth of $86.18 billion as of July 5, 2024. Its market cap has increased by 48.63% in one year.

Brian Niccol (Mar 5, 2018–)

Chipotle Mexican Grill / CEO

Chipotle CEO Brian Niccol and his wife Jennifer Niccol, both Miami U alum, gifted $2M to their alma mater to create a new fund for the men's basketball program. Get the full details in the link in our bio.

Scott Boatwright made $4,781,076 in total compensation as Chief Restaurant Officer at Chipotle Mexican Grill Inc in 2022. $1,027,970 was received as Total Cash, $3,700,591 was received as Equity and $52,515 was received as Pension and other forms of compensation.