Raising Cane’s CEO Todd Graves returns to LA with $22B and new Bird Streets home

Todd Graves, founder and CEO of Raising Cane’s, has returned to Los Angeles with a high-profile new base in the Bird Streets. Graves started the chicken-finger chain in Baton Rouge at age 22, is now worth $22 billion, and quietly bought a $23 million mansion in cash next door to close pal Leonardo DiCaprio.

The house once belonged to Sam Nazarian. The home has appeared on HBO’s "Entourage" and is expected to host A-list gatherings. Graves returned to town after once working as a "boilermaker" in LA, manning welding equipment and blow torches at oil refineries. He has not backed films but writes many of his chain’s campaigns and, as a kid, daydreamed of moving to Hollywood and pushing a broom to get his foot in the door at a movie studio.

Raising Cane’s now operates 900 locations in 42 states.

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