Nationality Greek American Spouse Marianne Metropoulos | Net worth 2.4 billion USD (2017) Alma mater Babson College | |
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Full Name Charles Dean Metropoulos Born May 1946 (age 70) Tripoli, Greece Residence Palm Beach, Florida, US Occupation Chairman and CEO, C. Dean Metropoulos and Company Children Daren Metropoulos, Evan Metropoulos Known for Hostess Brands, Pabst Brewing Company Similar Hugh Hefner, John Catsimatidis, Michael Jaharis, Crystal Harris | ||
Interview with acquisition king dean metropoulos on business america and greece
Charles Dean Metropoulos (Greek: Ντιν Μητρόπουλος; born May 1946 in Tripoli) is an American billionaire investor and businessman of Greek descent. He was the owner of Pabst Brewing Company, which was founded by Jacob Best in 1844.
Contents
- Interview with acquisition king dean metropoulos on business america and greece
- C dean metropoulos talks empowering his family s philanthropic passions extended
- Early life
- Career
- Personal life
- References
On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion.
C dean metropoulos talks empowering his family s philanthropic passions extended
Early life
Metropoulos was ten years old when he and his parents emigrated from Greece to the US and came to Watertown, Massachusetts.
Metropoulos has a bachelor's degree and an MBA from the private business school Babson College, located in Wellesley, Massachusetts.
At age 25, he went to Geneva, Switzerland, to become a financial director for GTE International’s (now Verizon) European, Middle Eastern and African operations. Later he returned to the U.S. as the company’s youngest controller.
Career
Some of the buy-build private equity transactions of Metropoulos have included Pinnacle Foods, Ghirardelli Chocolate Company, International Home Foods, Pabst Brewing Company, The Morningstar Group, Inc. (sold to Suiza Foods which has become Dean Foods) and Solar Marine ("a private, European based, international dry cargo shipping company") and Mumm's/Perrier-Jouët champagnes.
Metropoulos is the executive chairman and chief executive officer of C. Dean Metropoulos & Company. The company was founded in 1993 and is based in Greenwich, Connecticut. As of 2011, C. Dean Metropoulos & Co. has been involved in over 72 acquisitions with over $12 billion in invested capital. The company jointly owns Hostess Brands along with Apollo Global Management.
In September 2014 American entrepreneur Eugene Kashper, backed by TSG Consumer Partners, announced an agreement to acquire Pabst Brewing from C. Dean Metropoulos & Co for $700 million. The sale represented a gain of $550 million more than what the company paid for it in 2010. Bumble Bee Tuna is another brand owned by a company "bought and flipped" by the firm.
On July 7, 2015 there was a lot of buzz about a Hostess Brands IPO. Metropoulos has stated that there is no plan for an IPO. In July 2016, a Hostess IPO was announced.
Personal life
He lives in Palm Beach, Florida, with his wife Marianne, who in 2011 was President and Principal of Aegean Entertainment, a movie production company in Beverly Hills. They are parents of sons Evan and Daren. Daren, age 33 in early 2017 and a principal in C. Dean Metropoulos & Company, purchased the Playboy mansion for $100 million in 2016.