Richard Yuengling, Jr. was born on March 10, 1943 in Pottsville, Pennsylvania, United States. 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.
Richard Yuengling, Jr. is a member of Food and Beverage
💰Richard Yuengling, Jr. Net worth: $1 Billion
2013
$1.4 Billion
2014
$1.4 Billion
2015
$1.7 Billion
2016
$1.9 Billion
2017
$1.8 Billion
2018
$1.47 Billion
Some Richard Yuengling, Jr. images
Famous Quotes:
I operate on instincts. I don't really think things out.
Biography/Timeline
1958
He started work at Yuengling in 1958, while still in high school.
1973
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.
1985
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.
2016
Yuengling supported the Republicans in the 2016 Presidential Election.