Rank #2840
Jim Koch
Net worth $1.3B
Beer · United States
- Born
- May 27, 1949
- Age
- 77
- Source
- Beer
- Residence
- Newton, Massachusetts
- Citizenship
- United States
- Marital status
- Married
- Children
- 4
- Education
- Bachelor of Arts/Science, Harvard University; Doctor of Jurisprudence, Harvard University; Master of Business Administration, Harvard University
Net worth over time
Biography
- Jim Koch created Samuel Adams beer in 1984. Now chairman, he's known as a founding father of the American craft brewery movement.
- A Harvard graduate, Koch quit his consulting job and began brewing beer in his kitchen, using his great-great grandfather's 1870s recipe.
- The first batch Koch brewed was Boston Lager. He started selling the beer door-to-door at Boston bars and restaurants.
- He took Samuel Adams' parent company, Boston Beer, public in 1995 and owns an 18.5% stake.
- Boston Beer's brands include Dogfish Head, Twisted Tea, Angry Orchard and Truly Hard Seltzer.
- Koch still taste tests every batch of beer himself.
- Koch's favorite fall beer is Sam Adams Octoberfest. The company has been making it for more than 20 years.
Financial assets
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