Portrait of William Goldring & family

Rank #694

William Goldring & family

Net worth $6.0B

Liquor · United States

Born
Jan 24, 1943
Age
83
Source
Liquor
Residence
New Orleans, Louisiana
Citizenship
United States
Marital status
Children
3
Education
Master of Arts, Tulane University

Net worth over time

Biography

  • William Goldring's Sazerac Company owns some 500 alcohol brands and a dozen distilleries in the U.S., Canada, France, Ireland and India.
  • The $3 billion (est. sales) business produces storied spirits such Pappy Van Winkle and George T. Stagg, but has ballooned in size thanks to lower-shelf offerings like Fireball Cinnamon Whisky.
  • Goldring took over the alcohol business built up by his father, Stephen Goldring (d. 1996), in the 1960s.
  • He grew the family's wholesaling operations, selling their stake in 2010 for an estimated $400 million, and bought up spirits brands such as Southern Comfort, Goldschlager and Myers's Rum.
  • In 2024 Sazerac acquired BuzzBallz line of premixed cocktails for an estimated $400 million.