Robert Rich, Jr.
Food and Beverage

Robert Rich, Jr. Net Worth

Robert Rich Jr. was born on January 25, 1941 in Islamorada, Florida and is the son of Robert Rich Sr., who founded Rich Products in 1945. Rich Jr. took over as president of the company in 1978 and chairman in 2006, and now owns an estimated 75% of the company, which has $3.6 billion in annual sales and produces a variety of frozen food products, including cakes, icings, pizza dough, and meatballs.
Robert Rich, Jr. is a member of Food and Beverage

Age, Biography and Wiki

Birth Day January 25, 1941
Birth Place Islamorada, Florida, United States
Age 83 YEARS OLD
Birth Sign Aquarius
Residence Islamorada, Florida
Alma mater Williams College
Occupation Chairman, Rich Products Corporation
Spouse(s) Mindy Rich
Children 4

💰 Net worth: $5.2 Billion (2024)

Robert Rich, Jr. is a prominent figure in the food and beverage industry in the United States. As of 2024, his net worth is estimated to be an impressive $5.2 billion. With such remarkable financial success, Robert Rich, Jr. has undoubtedly made significant contributions to the American food and beverage industry. As a seasoned entrepreneur, he has successfully built a strong empire within this sector, earning him a fortune that places him among the wealthiest individuals in the country. Robert Rich, Jr.'s thriving business ventures and savvy investments have solidified his position as a prominent and influential figure in his field.

2009 $1.9 Billion
2010 $2 Billion
2011 $2.1 Billion
2012 $2.4 Billion
2013 $3 Billion
2014 $3 Billion
2015 $3.6 Billion
2016 $3.8 Billion
2017 $4 Billion
2018 $5.52 Billion

Biography/Timeline

1963

Robert E. Rich Jr. graduated from Williams College with a bachelor's degree in 1963.

1964

In 1964 he joined Rich Products, a company started by his Father, as President of a startup subsidiary, Rich Products of Canada. Rich served in the United States National Guard from 1963 to 1969 and was a member of the Army Reserve Officer School Staff. He took time out to earn a Master of Business Administration (with honors) from the University of Rochester in 1969. Returning to the company he created the position of Vice President of Sales and Marketing. In 1978 he was named President of Rich's. In 2006 when his Father died in Palm Beach Robert Jr inherited 56% of Rich Products and assumed the title of Chairman.

1983

In 1983 Rich Products expanded outside food with the purchase of the Buffalo Bisons minor league baseball team. The Bisons are the AAA affiliate of the Toronto Blue Jays. He also owns the North West Arkansas Naturals (the AA affiliate of the Kansas City Royals), and the West Virginia Black Bears (the short-season class A affiliate of the Pittsburgh Pirates). He is also on the Trustees Council of the University of Rochester.

2002

Robert lives in Islamorada, Florida. He is married and has 4 children. His wife, Mindy, is vice chairman of Rich Products and has been with the company for over 24 years. Hollywood is making movie out of his memoir, "Fish Fights." The book documents his quest - to qualify for the Metropolitan South Florida Fishing Tournament Hall of Fame. He is the vice chairman of the board of trustees of the International Game Fish Association and is also a member of the Outdoor Writers Association of America. A member of the board of trustees of the Cleveland Clinic since 2002, Rich was appointed chairman in 2011.

2015

In fall 2015, Rich's company, B.R. Guest Ltd., was given event organizing rights to a 160-acre stretch of Buffalo, New York's Outer Harbor. The company was also awarded organizing rights to the city's Canalside District in a six-to-eight-year contract beginning in 2017; B.R. Guest takes over from Comcast Spectacor, who managed the district the previous years but had continually lost money.

Some Robert Rich, Jr. images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.