Jan. 12 (Bloomberg) -- Carl Karcher, who borrowed $311 to buy a Los Angeles hot dog cart in 1941 and turned it into a fast-food empire with more than 3,000 Carl's Jr. and Hardees restaurants in 13 countries, has died. He was 90.
Karcher died yesterday at St. Jude Medical Center in Fullerton, California, according to a PR Newswire statement. No cause was given. The Orange County Register reported this week that Karcher, who suffered from Parkinson's disease and the after-effects of a stroke, had been hospitalized for pneumonia.
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