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

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