Portrait of Daniel Lubetzky

Rank #1814

Daniel Lubetzky

Net worth $2.3B

Snack bars · United States

Born
Sep 28, 1968
Age
57
Source
Snack bars
Residence
New York, New York
Citizenship
United States
Marital status
Married
Children
4
Education
Bachelor of Arts/Science, Trinity University of San Antonio

Net worth over time

Biography

  • Daniel Lubetzky founded snack bar company Kind Healthy Snacks in 2004 and sold the majority of it to candy and pet food giant Mars in 2020.
  • Mars initially bought a minority stake in Kind in 2017 for an undisclosed amount; the 2020 deal reportedly valued Kind at $5 billion.
  • Lubetzky retains a financial stake in Kind, the size of which is undisclosed. Kind is known for its bars made with nuts and other ingredients.
  • Prior to Kind, Lubetzky started PeaceWorks, a marketing, consulting and distribution company, in 1994.
  • PeaceWorks specialized in selling items produced by groups in conflict, such as chocolates from Arabs and Israelis.
  • While traveling for PeaceWorks, Lubetzky found a bar with whole nuts and fruit in Australia which became the impetus for Kind.
  • While in high school and college, Lubetzky purchased watches wholesale and sold them at a markup at flea markets and shopping mall kiosks.
  • Lubetzky wrote a 268-page senior thesis at Trinity University about achieving peace between Arabs and Israelis through business ventures.