Sam_Prince_(restaurateur)

Sam Prince (restaurateur)

Sam Prince (restaurateur)

Australian entrepreneur, humanitarian and philanthropist

Sam Prince (born 27 November 1983) is a Scottish-born Australian doctor and restaurateur of Sri-Lankan descent.[1] Prince is known for founding the Mexican franchise chain, Zambrero.[2]

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Early life and career

Prince was born in Dundee, Scotland, and moved with his family to Australia in 1986.[3] His parents are from Sri Lanka.[4] He studied medicine at Monash University.[5][6]

In 2005, Prince, then a 21-year-old medical student, founded the Mexican restaurant Zambrero in his hometown of Canberra. The chain now has over 200 outlets, most of which are in Australia.[7]

Prince also owns the Mèjico, Indu and Kid Kyoto restaurants in Sydney,[8] the Shine+ beverage company and Next Practice.[9][10]

Personal life

In 2023, it was reported that Prince had residences in Miami, Florida and North Bondi, Sydney.[11]

Net worth

As of October 2023, Prince’s net worth was assessed at A$1.55 billion by The Australian Financial Review 2023 Rich List;[12]. In 2023, Forbes assessed Prince's net worth at A$1.56 billion.[13]

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Philanthropy

Prince supports certain philanthropic causes, through donations made by Zambrero and Shine+, and also separate health-related NGOs including One Disease.[14] The Zambrero "Plate 4 Plate" initiative donates a meal to charity for every retail item purchased.[15] As of August 2023, Zambrero has donated over 70 million packaged meals to countries Rise Against Hunger.[16]

Awards and honours

Prince was named EY National and Regional Social Entrepreneur of the Year in 2018.[17] In 2012, Prince was awarded the ACT Australian of the Year for his Zambrero-related philanthropy.[18] He was also awarded the Monash University Distinguished Alumni Award.[citation needed] In 2009 Prince received the Most Outstanding Young Person of the World award by the Junior Chambers International.[19]

References

  1. [1]
    "How this doctor became a billionaire by selling burritos". Australian Financial Review. 24 October 2021. Retrieved 2 December 2021.
  2. [2]
    "Zambrero makes BRW Fast 100 list for the fourth year in row | Business Franchise Australia". www.businessfranchiseaustralia.com.au. Retrieved 4 November 2017.
  3. [3]
    "Learn from leaders and legends at the Sydney Franchising Expo | Business Franchise Australia". www.businessfranchiseaustralia.com.au. Retrieved 4 November 2017.
  4. [4]
    "Canberra Conversations: Dr Sam Prince - ABC (none) - Australian Broadcasting Corporation". www.abc.net.au.
  5. [5]
    "A prince among men – Australia Unlimited". australiaunlimited.com. Retrieved 4 November 2017.
  6. [6]
    "Healing the world a step at a time". The Sydney Morning Herald. 2 April 2011. Retrieved 4 November 2017.
  7. [7]
    "Zambrero's Plate 4 Plate program donates nine million meals – foodservice". Retrieved 4 November 2017.
  8. [8]
    "The taste of Mejico here in Miranda". St George & Sutherland Shire Leader. 14 October 2016. Retrieved 4 November 2017.
  9. [9]
    "Vaccine for COVID mutants steals the limelight for health innovation". Australian Financial Review. 14 October 2022. Retrieved 5 January 2023.
  10. [10]
    "Practices in Focus - Next Practice". Australian General Practice Accreditation Limited (AGPAL). 1 August 2020. Retrieved 5 January 2023.
  11. [11]
    Bailey, Michael (24 May 2023). "Why this billion-dollar Rich Lister values cold-calling and being kind". The Australian Financial Review. Retrieved 12 August 2023.
  12. [12]
    Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
  13. [13]
    "The secret sauce to Sam Prince's $1.57 billion fortune". Forbes Australia. 8 October 2023. Retrieved 17 November 2023.
  14. [14]
    "One Disease at a Time". miwatj.com.au. Retrieved 4 November 2017.
  15. [15]
    "On 19 October 2022 our Zam Fam gathered across Australia to pack meals together for those in need". Plate 4 Plate. Zambrero Australia. n.d. Retrieved 30 January 2023.
  16. [16]
    Rider, Nicholas (2023). "ZAMBRERO HITS 70 MILLION MEALS DONATED TO THOSE IN NEED". Convenience World Magazine. Retrieved 30 January 2023.
  17. [17]
    "Battling Food Insecurity, Eliminating Disease, Reimagining Health Care: All in a Day's Work for Sam Prince, M.D." YPO. 12 July 2019. Retrieved 25 January 2023.
  18. [18]
    "Dr Sam Prince". National Australia Day Council. Archived from the original on 20 January 2021. Retrieved 21 February 2022.
  19. [19]
    Yang, Tian (22 September 2009). "Dr Sam Prince, 2009 Anthill 30under30 winner -". Retrieved 25 January 2023.
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