SLICE OF HELL
John Schnatter, founder of Papa John’s, joined the Forbes billionaire ranks in January 2017 after his pizza chain’s stock hit an all-time high. “As long as our quality and company continue to get better, by nature we will get bigger,” he told us. Turns out the converse might be true as well: Papa John’s shares are down 41% in the last 12 months. One reason: Schnatter himself. Last November he critiqued the NFL’s handling of national-anthem protests as a “debacle,” which cost him his CEO title. (Papa John’s was a major sponsor of the league.) Then, this summer, Forbes reported that he used a racial slur during a media-training exercise in May. Schnatter, 56, stepped down as chairman the night our report posted, but he’s now suing Papa John’s, arguing his ouster constituted a “coup.” The company also faces allegations of internal sexual harassment and of spying on workers. Schnatter denies the allegations against him; Papa John’s has hired a third party to conduct a cultural audit.