Memphis' Only Locally Owned & Operated Prime Steak House for Over 37 Years

The Folk’s Folly story began in 1977 with unconventional origins, as the best stories often do. Native son Humphrey Folk, Jr. was a prominent and shrewd developer, whose hard work carried him all over the country, cultivating his sincere appreciation of food and fine wine, as he was always an advocate of mixing business with pleasure. Undaunted by a complete lack of restaurant or culinary experience, he decided to convert a quaint and intimate house into a small eatery. His peers offered little encouragement as they quoted dismal restaurant success rate statistics, so he added the word “folly” (defined as “an unwise investment or expenditure”) to his own name, and Memphis’ Original Prime Steak House was born.

Business boomed and the restaurant became a popular stop among locals. Humphrey began giving coveted gift packages of prime steaks to his associates in the construction industry, and as requests that steaks be retailed for home consumption increased, the restaurant expanded again in 1989 to include the Prime Cut Shoppe, offering take-home or overnight delivery of our USDA Prime selections.

With only a gentleman’s handshake to signify agreement, famed local restaurateur Thomas Boggs became managing partner in 2003. Thomas’ contagious enthusiasm and expertise in the restaurant industry built the bridge for continued success for the next generation. While both Humphrey and Thomas have since deceased, Folk’s Folly Prime Steak House remains a family affair. Thomas’ eldest daughter Lauren Boggs McHugh is the CEO and managing partner alongside her sisters Ashley Boggs Robilio and Samantha Boggs Dean. Humphrey’s four sons Tripp, Michael, Christopher, and Carey also remain active partners.

Today, guests are beckoned by classic sounds from the grand piano in the Cellar lounge, and are invited to enjoy cocktails and complimentary fried dill pickles, a Southern favorite, before dinner. Wine lovers delight in perusing one of the city’s most extensive wine lists, which boasts over 250 fine wines. A recipient of Wine Spectator’s “Award of Excellence” since 1999, Folk’s Folly’s wine list offers the perfect varietal and vintage to enhance any evening.

Consistently voted “Best Steak” by readers of all major Memphis publications, Folk’s Folly pairs fine dining and relaxed Southern hospitality in a cozy, comfortable atmosphere. This Memphis landmark embodies an unwavering commitment to quality by offering corn-fed prime steaks and fresh seafood with all menu items prepared in the customized scratch kitchen that was added to our little home so very long ago.

We welcome the opportunity to serve you, and look forward to having you dine with us again, and again, and again...


The Folk Family

The Folk Family
(left to right): Michael Folk, Christopher Folk, Carey Folk, Humphrey Folk, Jr., and Tripp Folk

Prominent businessman Humphrey Folk, Jr. founded Folk's Folly as the result of his desire to offer superior steak and outstanding service in his hometown of Memphis. Folk, who was well known in the Mid-South construction community, raised quite a few eyebrows with his dream of opening a restaurant. However, Folk was convinced that Memphians needed a genuine steakhouse, and in 1977, opened Memphis' first prime steak restaurant, affectionately named Folk's Folly. The family-run steak house continues to reign as one of Memphis' most loved restaurants.



Thomas Boggs

Thomas Boggs

“A hot dog at the ball park is better than steak at the Ritz.”
—Humphrey Bogart

“So much for the Ritz.; obviously Mr. Bogart never had the pleasure of dining at Memphis’ own legendary steak house. Founded by the late, great Humphrey Folk and nurtured in recent times by the late, great Thomas Boggs, Folk’s Folly has been delighting steak lovers from around the world for over thirty years now…”
—Thomas Cassidy, Jr.,
Memphis Wine and Food Society

Born in Wynne, Arkansas, Mr. Boggs moved to Memphis at the age of 7. He began working at the age of 14 for Davis Rexall, and credits Mr. Davis for teaching him the basics of service and the true start in the hospitality industry. At this time, Boggs was also a budding musician, playing with bands such as Tommy Burk and the Counts, Flash and the Board of Directors, which opened for Paul Revere and the Raiders, he also played for the Box Tops.

Later, married with children, he went back to school to finish his degree in history. He waited tables at T.G.I. Friday’s while in school and went on to work in the corporate offices of Friday’s in Dallas, traveling to open their new outlets. After leaving Friday’s, he moved back to Memphis and started working at Huey’s as a bartender, then moved into management. Two years later he became a partner. Huey’s was a bar then, but because of Boggs’ corporate experience with Friday’s, he saw the trend coming and began building the menu, transitioning Huey’s from a bar to a restaurant. Huey’s now operates seven locations.

Mr. Boggs has served as Past president Memphis Restaurant Association, Past president Memphis Zoological Society, Past president Advisory Board The Food Bank, Past chairman Memphis Convention & Visitors Bureau, and Past President Memphis In May 2002.

Mr. Boggs became managing partner in 2003, bringing his unique spirit of generosity, devotion to perfection, and shrewd business acumen until his untimely passing in 2008. Having been groomed all of her life, daughter Lauren Boggs McHugh assumed the role of daily operations as our new managing partner and CEO.


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Our fork tender, eight ounce filet mignon is grilled to order and set aside a succulent Tempura lobster skewer. Served with Asian slaw and ginger ponzu dipping sauce. ...more

Folk's Folly Prime Steak House / 551 South Mendenhall Rd / Memphis, Tennessee 38117 / 901.762.8200 / 800.467.0245
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