How Much Did Jared Fogle Make From Subway?
Investigators from the FBI and Indiana state police swarmed the house of Subway spokesperson Jared Fogle Tuesday morning, removing evidence in what is shaping up to be a criminal investigation, The Indianapolis Star reported. At this time, however, it cannot be confirmed that investigators were searching Fogle's home in connection with the April arrest of Russell Taylor, the executive director of Fogle's Jared Foundation who was charged with federal child exploitation, possession of child pornography and voyeurism. Despite the ongoing criminal investigation into the leader of his foundation, Fogle has remained a part of the Subway family — and receiving his pretty hefty endorsement money.
Fogle rose to fame in the late 1990s after a Men's Health article publicized his now-famous Subway diet. At the time, Fogle was an obese college student who steadily lost weight from eating a whole lot of Subway, or so he claimed. As we now know, Fogle soon became a national figure. Subway began using Fogle in its national TV spots with the tagline, "It worked for Jared," and the rest, as they say, is true American history.
So, how much did Fogle make from all those Subway commercials? According to the website Celebrity Net Worth, Fogle's current net worth is $15 million. The website claims most of Fogle's millions were made through those Subway endorsements, as well as through his work as a motivational speaker. Fogle has continually declined to publicly disclose his exact salary from Subway.
A 2013 article from the New York Daily News confirmed his $15 million net worth. The Daily News also reported that Fogle has a Subway "black card" that allows him to receive free sandwiches from the fast-food sub shop for life. Considering an average 6-inch sandwich costs $4 — and a foot-long will run you between $5 and $8.50 — that's a pretty good deal if you're eating Subway meals everyday.
Of course, Fogle has also been working as philanthropist for over a decade, so it's not like he's been keeping all that endorsement money for himself. According to nonprofit-tracking website Guide Star, IRS documents show the Jared Foundation reported about $128,000 in revenue in 2008. However, that revenue was off-set by nearly $150,000 in expenses.
At this time, Fogle is still a part of the Subway team. On Tuesday, the fast-food company released this statement acknowledging the unfolding situation:
We are shocked about the news and believe it is related to a prior investigation of a former Jared Foundation employee. We are very concerned and will be monitoring the situation closely. We don’t have any more details at this point.
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