Ponderosa Steakhouse and Bonanza Steakhouse under the Metromedia Restaurant Group. The names of the restaurants were derived from the classic TV series "Bonanza", which was set at a place called Ponderosa Ranch. In 1963, Dan Blocker, who played Eric "Hoss" Cartwright on "Bonanza", started the Bonanza Steakhouse chain. The first Bonanza opened in Westport, Connecticut. Sam Wyly and his brother Charles Wyly bought the small Bonanza restaurant chain three years later. The company grew to approximately 600 restaurants by 1989, when the Wylys sold it to Metromedia. In 1965, Dan Lasater, Norm Wiese and Charles Kleptz founded Ponderosa in Kokomo, Indiana, moving the headquarters to
Bonanza Kings Bonanza Kings The Bonanza Kings, also called the Silver Kings, was a nickname given to the four men who started a stock brokerage called "Flood and O'Brien", more commonly known as the Bonanza Firm. Bonanza is a Spanish term, meaning a rich ore body; in 1873, after gaining control of the Consolidated Virginia Mining Company, they discovered a large vertical ore body more than 1,200 feet deep which became known as the "big bonanza". In 1871, Irish-Americans John William Mackay, James Graham Fair, James Clair Flood and William S. O'Brien, organized the Consolidated Virginia Silver Mine near Virginia City, Nevada,