Nationality American Name Richard Jr. Children 4 daughters | Spouse(s) divorced | |
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Full Name Richard Yuengling Net worth US$1.99 billion (October 2015) | ||
Richard L. Yuengling Jr. (born 1943) 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.
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Career
He started work at Yuengling in 1958, while still at high school.
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.
He is the fifth generation of the family to run Yuengling, and owns 100% of the company, having bought out his father in 1985. In the 2016 edition of the Forbes 400, Dick Yuengling was ranked 361 with a net worth of $1.9 billion.
Personal life
He is divorced, with four daughters, and lives in Pottsville, Pennsylvania. All four of his daughters work for Yuengling.
Yuengling supported Donald Trump in the 2016 Presidential Election.
