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Top 10 booze billionaires

Every year Forbes publishes its list of the world’s wealthiest individuals – not those that have made millions, but billions – highlighting the movers and shakers of the business world and where they have made their money.

Jeff Bezos, the founder of Amazon, topped the list with a personal net worth of $131 billion. He was followed by Microsoft founder Bill Gates ($96.5bn), Warren Buffet ($82.5bn), Bernard Arnault ($76bn), the owner of luxury goods conglomerate LVMH, and Carlos Slim Helu ($64bn), the richest man in Mexico with a controlling interest in America Movil, Latin America’s biggest mobile telecom firm.

For the first time, Kylie Jenner made the billionaire’s list, who at 21 becomes the youngest self-made billionaire in the world, owing to her Kylie Cosmetics line.

Currently, Forbes reports that there are 2,153 billionaires in the world, 55 fewer than a year ago. Of those, a record 994, or 46%, are poorer (relatively speaking) than they were last year. In total, the ultra-rich are worth $8.7 trillion, down $400 billion from 2018. 

But which drinks trade professionals are mixing with the best of the billionaires?

Here we round up the richest business men and women that have made their fortune in drinks, be it from the beer, wine or spirits industries…

10. Juan Francisco Beckmann Vidal and family

World ranking: #452

Country: Mexico

Worth: $4.3bn

Age: 79

Business: Beckmann Vidal is chairman of the Mexican tequila brand Jose Cuervo.

The company has been in the same family for 11 generations, with Beckmann Vidal’s son, Juan Domingo Beckmann Legorreta, currently its CEO.

In February 2017, the company went public, raising more than $900 million.

9. Maria Asuncion Aramburuzabala and family

World ranking: #311

Country: Mexico

Worth: $5.6bn

Age: 55

Business: María Asunción Aramburuzabala is the CEO of Tresalia Capital, which has diversified interests in the construction, telecommunications and internet industries. She also serves on the board of beer giant Anheuser-Busch InBev, which bought her family’s beer business, Grupo Modelo, in 2013.

Along with her mother and sister, she inherited a stake in Grupo Modelo from her father, Paul Aramburuzabala Ocaranza, who died in 1995. Maria’s grandfather, Félix Aramburuzabala, co-founded the brewery in 1925. In 2013, AB InBev bought the remaining 50% stake in the company that it didn’t already own for $20.1 billion in cash.
Education: Bachelor of Arts/Science, Instituto Tecnológico Autónomo de México

8. Carlos Alberto Sicupira and family

World ranking: #162

Country: Brazil, but resides in Switzerland

Worth: $8.9bn

Age: 71

Business: The 96th richest man in the world, Carlos Alberto Sicupira owes much of his wealth to his stake in AB InBev, in which he owns a 3% stake. He co-founded the company with fellow billionaires Jorge Paulo Lemann and Marcel Herrmann Telles (also both billionaires in this list), through the merger of Brazilian AmBev and Belgian Interbrew, which went on to become AB InBev.

It is now the world’s largest brewer, having merged with SAB Miller in 2016 in a deal worth £79bn, and is responsible for more than 200 brands including Budweiser, Corona, Beck’s and Brahma.

The trio of billionaires also own stakes, through their private equity firm 3G Capital, in New York Stock Exchange-listed Restaurant Brands International, parent of Burger King and Canadian coffee chain Tim Hortons. In 2013 3G Capital and Warren Buffett’s Berkshire Hathaway bought H.J. Heinz & Company for $23 billion. Heinz merged with Kraft in 2015, creating KraftHeinz, the fifth-largest food and beverage company in the world.

Outside of his business interests, Sicupira holds multiple world records for underwater spearfishing.

Education: Bachelor of Arts/Science, Universidade Federal do Rio de Janeiro

7. Marcel Herrmann Telles

World ranking: #138

Country: Brazil

Worth: $9.9bn

Age: 69

Business: Marcel Hermann Telles is one of the controlling shareholders of Anheuser-Busch InBev, owning just under 5%, alongside fellow billionaires and longtime business partners Carlos Sicupira and Jorge Paulo Lemann.

Together with Lemann and Sicupira, Telles also controls retailer Lojas Americanas and real estate investment firm São Carlos Empreendimentos e Participações SA, and also has interests in Restaurant Brands International, the parent of Burger King and Canadian coffee chain Tim Hortons.

Education: Bachelor of Arts/Science, Universidade Federal do Rio de Janeiro, and an MBA from Harvard University.

6.  Charlene de Carvalho-Heineken and family

World ranking: #89

Country: Netherlands, but resides in London

Worth: $14.2bn

Age: 64

Business: The daughter of Freddy Heineken, the Dutch industrialist, and Lucille Cummins, an American from a Kentucky family of Bourbon whiskey distillers, Charlene de Carvalho-Heineken is the controlling owner (23%) of the world’s third-largest brewer, Heineken International, which owns a worldwide portfolio of over 170 beer brands.

She inherited her controlling stake in 2002 following the death of her father. Its brands include Heineken, Red Stripe and Lagunitas.

Her husband Michel, an investment banker, is on Heineken’s supervisory board.

Education: Bachelor of Arts/Science, Rijnlands Lyceum Wassenaar; Doctor of Jurisprudence, University of Leiden

5. Charoen Sirivadhanabhakdi

World ranking: #87

Country: Thailand

Worth: $14.5bn

Age: 74

Business: Charoen Sirivadhanabhakdi is a property tycoon and drinks entrepreneur responsible for Thai Beverage, which produces Chang beer and Sang Som rum, and is the son of a Bangkok street vendor.

Sirivadhanabhakdi teamed up with Carlsberg in 1991 as part of a joint venture to tap into Thailand’s growing beer market, which at the time was dominated by the Boon Rawd Brewery, which made Singha beer. Three years later he launched his own beer Chang (Thai for ‘elephant’), which went on to take 60% of the local market share.

In 2006 Sirivadhanabhakdi took Thai Beverage public in Singapore after attempts to list the company in Thailand were derailed by protests against the promotion of alcohol.

In 2016, he acquired hypermarket chain Big C Supercenter, for more than $6 billion. Other assets include privately held property firm TCC Land and Singapore beverage and property giant Fraser & Neave.

4. Jorge Paulo Lemann and family

World ranking: #35

Country: Brazil, but resides in Switzerland.

Worth: $22.8bn

Age: 79

Business: Jorge Paulo Lemann is a Swiss-Brazilian banker who owns a share of the world’s largest brewer AB InBev, alongside Telles and Sicupira, and is currently the world’s 35th richest man.

As well as his stake in the beverage industry, Lemann has numerous interests in the financial markets having co-founded the Brazilian investment banking firm Banco Garantia 1971 with Marcel Herrmann Telles and Carlos Alberto Sicupira.

Lemann also once played at Wimbledon as a professional tennis player.

Education: Bachelor of Arts/Science, Harvard University

3. Francois Pinault and family

World ranking: #30

Country: France

Worth: $29.7bn

Age: 82

Business: Francois Pinault is honorary chairman of luxury group Kering, which owns fashion brands Saint Laurent, Alexander McQueen and Stella McCartney. He is also the Bordeaux first growth Chateau Latour, through its holding company Artemis Group, which in October 2017 also bought Burgundian estates Clos de Tart.

The company started out as a wood and building materials company in 1963, but Pinault diversified its interests in 1999 when he bought a controlling stake in Gucci Group. The family also owns sports brand Puma, which is run by Pinault’s son, Francois-Henri, and the auction house Christie’s.

Keen art collectors, the family’s 3,000-strong collection includes works by Picasso, Mondrian and Koons, with plans to open a museum in France in 2019.

Education: High school drop out

2. Jack Ma

World ranking: #21

Country: China

Worth: $37.3bn

Age: 54

Business: A former English teacher, Jack Ma is a co-founder and executive chairman of China’s Alibaba Group, one of the world’s largest e-commerce businesses. While its interests span the retail arena, it is a major player in China’s growing drinks market, selling beer, wine and spirits.

  • Its 2014 IPO in New York set a record as the world’s biggest public stock offering, raising $25 billion.
  • In September 2018, Ma announced he would resign as Alibaba’s executive chairman in one year and would be succeeded by CEO Daniel Zhang.
  • Ma also has investments in Chinese entertainment industry firms Huayi Brothers and Beijing Enlight Media.
Education: Bachelor of Arts/Science, Hangzhou Teacher’s Institute

1. Bernard Arnault and family

World ranking: #4

Country: France

Worth: $76bn

Age: 70

Business: Narrowly missing out on the a top 10 place, Bernard Arnault, chairman and CEO of French luxury brands conglomerate LVMH Moet Hennessy Louis Vuitton, is still the richest man in the world to have vested interests in the drinks trade with a personal fortune of $76bn.

The LVMH portfolio includes high-end Champagne brands Dom Perignon, Moët & Chandon, Krug, Veuve Clicquot, as well as Hennessy and Château d’Yquem, in addition to fashion brands including Louis Vuitton, Dior and Fendi. Arnault has been CEO of the company since 1989, with the company reporting a 10% rise in sales in 2018, resulting in record revenue of $46.8 billion.

An avid art collector, Arnault was the mastermind behind the $135 million Frank Gehry-designed Foundation Louis Vuitton museum in Paris’ Bois de Boulogne, which opened in October 2014.

Education: Bachelor of Arts/Science, Ecole Polytechnique de Paris

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