Rank #1368
Duke Reyes
Net worth $3.1B
Beer distribution · United States
- Born
- Mar 23, 1957
- Age
- 69
- Source
- Beer distribution
- Residence
- Palm Beach, Florida
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Duke Reyes is CEO of Reyes Holdings, a food and beverage distribution company with more than $40 billion in sales and nearly 30,000 employees.
- His older brothers Chris and Jude Reyes are co-chairmen, while younger brothers James and Tom are executives at a beer distribution subsidiary.
- His older brothers and their father started the group in 1974 with a small Schlitz beer distributor in South Carolina purchased for $740,000.
- Reyes Holdings owns food distributor Martin-Brower, beer distributor Reyes Beverage Group and two Coca-Cola bottlers.
- Reyes Holdings sold its food distribution subsidiary Reinhardt to another distributor, Perfomance Food Group, in 2019 for $2 billion.
- Reyes Beverage Group distributes 171 million cases of beer each year.
- Martin Brower delivers food to 16,000 McDonald's locations, TK Panera locations and TK Chik-Fil-A locations.