Basic Information About Richard Yuengling, Jr.
| Category | Business › Billionaires |
|---|---|
| Net worth | $1,700,000,000 |
| Social Media | ↗︎ Wikipedia |
Richard Yuengling, Jr. Net Worth
$1,700,000,000
Richard Yuengling, Jr., the American brewery owner, has a net worth of $1.67 billion. As the fifth-generation owner of D.G. Yuengling & Son, the oldest operating brewery in America, Yuengling has established his place among American billionaires. Despite the company’s success and competition in the beer industry, Yuengling remains determined to keep the business private and continue its growth across multiple states.
Key facts:
- Richard Yuengling, Jr. is the fifth-generation owner of America's oldest operating brewery, D.G. Yuengling & Son.
- The brewery, originally set up in 1829 as Eagle Brewery, has become one of the largest breweries by volume in the United States.
- The company generates annual sales of more than $400 million and sells over 2.5 million barrels of beer each year.
- Despite steep competition and frequent acquisitions in the beer industry, Yuengling remains a privately-owned company.
- Richard Yuengling, Jr. has turned down offers from major players in the industry and vows never to sell the business.
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