Pizza Hut co-founder Frank Carney dies from pneumonia
Frank Carney was a 19-year-old student at Wichita State University when he and his 26-year-old brother, Dan, borrowed $600 from their mother to start a pizza business in 1958 near their family’s Carney’s Market.

Frank Carney was a 19-year-old student at Wichita State University when he and his 26-year-old brother, Dan, borrowed $600 from their mother to start a pizza business in 1958 near their family’s Carney’s Market.
“When you are starting a business that’s going to pay your way through college, you don’t even think about what the economy is doing,” Carney once told a 1992 entrepreneurship conference at Wichita State.
“We didn’t care about who was in the White House or what the unemployment rate was,“ he said. ”The entrepreneur, all he thinks about is: Is there a market for the product? Can I sell it?”
PepsiCo bought Pizza Hut for $300 million in 1977.
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