Richard Yuengling Jr.
Richard Yuengling Jr. | |
---|---|
Born |
Richard Yuengling 1937/1938 (age 77–78)[1] Pottsville, Pennsylvania, US |
Residence | Pottsville, Pennsylvania, US |
Nationality | American |
Known for | Owner, Yuengling |
Net worth | US$1.99 billion (October 2015)[1] |
Spouse(s) | divorced |
Children | 4 daughters |
Parent(s) | Richard Yuengling Sr. |
Relatives | Frank D. Yuengling (grandfather) |
Richard L. Yuengling Jr. (born 1937/1938) is an American billionaire businessman, the president and sole owner of the Pottsville, Pennsylvania brewer, Yuengling. He is the fifth generation of the family to run Yuengling, and owns 100% of the company, having bought out his father in 1985.[1]
Career
He started work at Yuengling in 1958, while still at high school.[2]
In 1973, he left because he couldn't get his father to invest and expand. He bought a wholesale beer distributor business, working with Pabst Blue Ribbon brand and Rolling Rock, and stayed there for 11 years.[2]
He is the fifth generation of the family to run Yuengling, and owns 100% of the company, having bought out his father in 1985.[1] As of October 2015, he had a net worth of US$1.87 billion.[1]
Personal life
He is divorced, with four daughters, and lives in Pottsville, Pennsylvania. His two daughters work for Yuengling.[1]
References
- 1 2 3 4 5 6 "Richard Yuengling Jr.". Forbes. Retrieved 10 October 2015.
- 1 2 Pedersen, Brian (July 8, 2013). "One-on-One with Dick Yuengling: Billionaire brewer plans to keep company lean, nimble, and growing in existing markets". LVB. Retrieved 9 October 2015.