278. Richard Sands

Forbes - - PROMOTION -

Sands’ fa­ther, Marvin, founded a hum­ble up­state New York wine busi­ness in 1945 at age 21. That op­er­a­tion has mush­roomed into pub­licly traded be­he­moth Con­stel­la­tion Brands, which gen­er­ates over $7 billion in an­nual rev­enue and has a mar­ket cap­i­tal­iza­tion around $40 billion. The com­pany, whose stock price has more than quin­tu­pled in the past 5 years, is run by Richard, who is chair­man, and his brother Robert (No. 288), who is CEO.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.