---
title: "Warren Buffet Loves Dairy Queen—Here’s Why"
url: https://burnaze.com/article/660225df-e9f0-444e-bc9d-6dc60deb737b
source: "1851 Franchise"
original_url: https://1851franchise.com/warren-buffet-loves-dairy-queen-heres-why-4518
category: "Snacks & dessert"
industry: "Restaurants"
segment: "Snacks & dessert"
published: 2016-05-05T16:11:32.000Z
modified: 2026-11-01T12:59:48.634Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/9edc807a3dec60b61d928f0f932b9f6e6544.jpg
---

# Warren Buffet Loves Dairy Queen—Here’s Why

**TL;DR:** Warren Buffett acquired Dairy Queen in 1998, a brand he had a fondness for since his youth. The CEO discussed Buffett's history with the brand and its new developments.

*originally published in 1851 Franchise on 2016-05-05. [Read the original](https://1851franchise.com/warren-buffet-loves-dairy-queen-heres-why-4518).*

## Story

“As we all know, Warren likes to buy iconic brands. Dairy Queen is 76-years-old, and Warren always tells this story of when he was young—he took a young lady to Dairy Queen, and the two of them had a great experience. At that moment, he said, ‘If I ever had the opportunity, I would buy this business,’” Gainor said. “So in 1998, he did.”

Gainor also discussed the push for a higher minimum wage.

“I’ve always said that people need to make a fair wage. But I think over the coming years, as various states debate over whether or not they’ll raise the minimum wage, it’ll become an issue that our operators need to work through on a local basis.”

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- Dairy Queen (company)
- brand acquisition (topic)
- minimum wage (topic)
- Warren Buffett (person)
- iconic brands (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/warren-buffet-loves-dairy-queen-heres-why-4518). Summarized by Burnaze (https://burnaze.com/article/660225df-e9f0-444e-bc9d-6dc60deb737b).