Richard Yuengling Jr

$1.14B
as of 09/07/23

About Richard Yuengling Jr

Dick Yuengling, fifth-generation owner of D.G. Yuengling & Son, turned his family's struggling brewery into one of America's largest beer makers.

When he bought out his father in 1985, the company was producing 137,000 barrels per year; now it pumps out some 2.8 million barrels annually.

After dropping out of Lycoming College, Yuengling joined the business but soon walked out following an argument with his father about modernization.

He spent 11 years running a beer distributorship peddling Yuengling and its competitors to local bars and stores before buying his father out in 1985.

He quickly upgraded his packaging, equipment and distributor network, then struck gold with Yuengling Lager, today responsible for about 85% of sales.

All four of Yuengling's daughters (now in their 40s) work at the brewery and are being primed to take over the company.

Personal stats

Citizenship

United States of America

Source of wealth

Beer

Residence

Pottsville, Pennsylvania

Marital status

Divorced

Birth date

03/10/43 (age 81)

Number of children

4

Education

Drop Out, Lycoming College

Self-made

inherited and growing

Richard Yuengling Jr’s fortune is worth

19K

troy ounces of gold

18K

median U.S. household

11K

median U.S. income

0.023%

U.S. credit card volume

0.005%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Did you know?

Yuengling, America's oldest brewery, first opened its doors in Pottsville, Pennsylvania in 1829 and survived Prohibition by pivoting to ice cream and near beer.

Net worth over time

Real-time ranking

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