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The Founder Of Chipotle Is Now A Billionaire
Posted
April 8, 2025
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April 8, 2025
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894
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4:54Now PlayingSteve Ells opened the first Chipotle in a former ice cream shop near the University of Denver in 1993. Now, three decades and a fast-casual dining revolution later, he’s the first-ever burrito billionaire.
Forbes estimates that Ells—who was Chipotle’s CEO until 2018 and its executive chairman until 2020—is worth $1 billion, making him one of 288 fresh faces on this year’s World’s Billionaires list, publishing Tuesday. He might be the unlikeliest of all.
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