Todd Graves and Cane
Todd Graves named Raising Cane's after his yellow labrador retriever.
  • Todd Graves opened the first Raising Cane's in Louisiana on August 28, 1996.
  • He wrote a business plan for a chicken fingers chain as a college assignment. He got a bad grade. 
  • Graves is worth $7.6 billion, and is the wealthiest resident in Louisiana, according to Bloomberg.

While attending Louisiana State University in the mid-1990s, Todd Graves wrote a business plan for a fast-food restaurant that sold only fried chicken tenders.

His professor gave him the lowest grade in the class. But Graves didn't let the criticism stop him.