Zachary Stern

Net worth over time

Biography

• 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.

Financial assets