George Biel Net Worth Revealed: Restaurant Deal Hints at Millions

Houston's Restaurant Group Transaction Sheds Light on Biel's Fortune Recent events surrounding Houston's Restaurant Group (HRG) have sparked significant interest in the net worth of its co-founder, George Biel. While the specifics of a recent private transaction remain undisclosed, the sale of a substantial stake by co-owner Joe Ledbetter provides valuable insight into Biel's wealth and the overall valuation of HRG. This article analyzes the available information to estimate Biel's net worth, acknowledging the inherent uncertainties associated with private equity transactions....

February 16, 2025 · 3 min · 562 words · David Butler