Todd Graves named Raising Cane's after his yellow labrador retriever.Joey Bordelon/Raising Cane'sTodd Graves opened the first Raising Cane's in Louisiana on August 28, 1996.It was based on a business plan for a chicken-fingers chain he'd worked on out of college.Graves is worth an estimated $9.5 billion, per Forbes, and is the wealthiest resident in Louisiana.In the mid-1990s, Todd Graves and his friend, Craig Silvey, wrote a business plan for a fast-food restaurant that sold only fried chicken tenders.