Zachary Stern
$1.0B
Born
Jan 09, 1982
Age
43
Source of Wealth
Liquor
Residence
Jackson, Wyoming
Citizenship
United States
Marital Status
Married
Children
1
Education
- Zachary Stern'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.
- Stern's uncles, Robert and Richard Sands, are former executives and current board members. His sister, Abigail Bennett, 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.
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