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Death and tributes. Kroc died of heart failure at an hospital in San Diego, California on 14 January, 1984 at age 81. Upon his passing, his wife Joan inherited his fortune, was estimated at $500 million. By the time of Kroc's death, McDonald's had 7,500 locations in 31 countries and was worth $8 billion.
Raymond Albert Ray Kroc (October 5, 1902 â January 14, 1984) was an American businessman and philanthropist.ay Kroc's acquisition of the McDonald's franchise as well as his 'Kroc-style' aggressive business tactics are the subject of Mark Knopfler 's 2004 song  Boom, Like That .