Portrait of Abigail Bennett

Rank #3336

Abigail Bennett

Net worth $1.0B

Liquor · United States

Born
Dec 27, 1980
Age
45
Source
Liquor
Residence
Rochester, New York
Citizenship
United States
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Abigail Bennett's grandfather, Marvin Sands, founded a humble wine business in 1945 at age 21.
  • That small operation has mushroomed into a publicly-traded behemoth now called Constellation Brands, which generates nearly $10 billion in annual revenue.
  • The company is known for its relentless streak of acquisitions. Subsidiaries include Robert Mondavi wine and Svedka Vodka.
  • Constellation also holds the rights to Grupo Modelo's U.S. beer business, including its Modelo and Corona labels.
  • Bennett's uncles, Robert and Richard Sands, are former executives and current board members. Her brother, Zachary Stern, is also a billionaire.
  • The family received $1.5 billion (pre-tax) of cash to convert its enhanced voting shares to ordinary shares in 2022.

Financial assets

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