Duane Roberts, the visionary entrepreneur best known as the inventor of the frozen burrito and the owner of the historic Mission Inn Hotel & Spa, passed away peacefully in his sleep on November 1, 2025. He was 88 years old. His death was confirmed by his family and first reported by TMZ.
Duane Roberts’ Net Worth in 2025
In 2025, Duane Roberts’s net worth was estimated at around $1.5 billion, according to reports. Much of his wealth came from two major ventures — the frozen food empire he helped pioneer and his extensive investments in real estate, especially the Mission Inn in Riverside, California.
Roberts revolutionized the food industry in 1956 when he developed the concept of the frozen burrito, a product that would go on to dominate supermarket shelves across America. He later sold his food manufacturing business in 1980 and shifted focus to property development and hospitality.
His crowning achievement came in 1992 when he and his wife, Kelly Roberts, purchased the Mission Inn Hotel & Spa, a historic landmark in downtown Riverside. The couple poured millions into restoring the grand property, turning it into one of California’s most iconic destinations.
