Richard and Maurice McDonald both the company's founders established and occupied a hot dog stand near the Santa Anita racecourse in Arcadia, California, the USA in the late 1930s. They launched a drive-in barbecue restaurant in San Bernardino, California, in 1940, which they converted into a burger establishment in 1948. Maurice and Richard McDonald owned the world's ninth-largest economy, with 27 billion dollars in income from McDonald's franchisees.
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