Joseph Grendys
$3.83B
as of 07/05/24
About Joseph Grendys
Joseph Grendys runs Koch Foods, a poultry processor that slaughters, ships and sells chicken under its own brands and through private label products.
The $5 billion (estimated revenues) business makes buffalo wings and chicken strips for Walmart and nuggets for Burger King.
Grendys joined Koch in the mid-1980s after graduating from Loyola University, lured by a 50% equity offer from original owner Fred Koch.
At the time it was just a one-room shop with 13 employees, and its main business was taking bones out of chicken and cutting up the meat.
Grendys bought out his former boss in 1992 and vertically integrated the company by gobbling up smaller feed mills and slaughterhouses.
Personal stats
Citizenship
United States of AmericaSource of wealth
Poultry processingResidence
Chicago, IllinoisMarital status
SingleBirth date
12/01/61 (age 62)Education
Bachelor of Arts/Science, Loyola University ChicagoSelf-made
self-madeJoseph Grendys’s fortune is worth
64K
troy ounces of gold
59K
median U.S. household
38K
median U.S. income
0.077%
U.S. credit card volume
0.015%
GDP of the United States
0.011%
United States debt
Net worth history
Annual ranking
Did you know?
In 2019, ICE arrested 234 Koch Foods workers, who the company said had passed the government's E-Verify program, for potentially working without legal documentation.
Net worth over time
Real-time ranking
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