[3] The company is now selling “franchises” claiming they will split profits 50% / 50% with the investors who put in $10,000.
On February 27, 2014, Maxim magazine was bought by Biglari who commented, "We plan to build the business on multiple dimensions, thereby energizing our readership and viewership.
"[7] In 2020, Biglari acquired Southern Pioneer Property & Casualty Insurance Co. from the Hyneman family who will continue to operate the company.
[9] In 2022, Biglari acquired 90% of the voting power of San Antonio-based Abraxas Petroleum for $80 million.
[10] Biglari owns 1.1 million shares of Jack in the Box indicating an ownership of more than 5.5% of the company.