Ruth's Hospitality Group Inc.,

  • Website:
  • Size: 5,001-10,000 employees
  • Overview: In 1965 Ruth Fertel a Louisiana native, tried a few careers before venturing into the restaurant industry. Ruth wasn't making enough money to live decently and provide for her sons. She saw an ad, "Steak house for sale." She thought she could run a steakhouse and called on Chris Matulich, the owner of the steakhouse. Ruth used her house as collateral to borrow $22,000 from the bank.... $18,000 to buy the restaurant and $4,000 for operating capital. Her determination and hard work were a formula for success. Ruth's Chris Steak House is world famous for the steaks, and is a premeire fine dining restaurant. Mithchell's Fish House is famous for the delicious and fresh seafood.

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