Daily Mail News – Money
By DANIEL JONES, US CONSUMER AND REAL ESTATE EDITOR
Published: 11:02 EST, 22 January 2026 | Updated: 11:03 EST, 22 January 2026
An iconic slice of Americana has quietly changed hands.
Nathan’s Famous — the century-old hot dog brand synonymous with Coney Island and Fourth of July excess — has been sold for $450 million to Chinese-owned Smithfield Foods.
Nathan’s first opened in 1916 as a five-cent hot dog stand on Coney Island, founded by immigrant Nathan Handwerker using a $300 loan.
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