The Biggest Billionaires in Food and Beverage
Last year, CGT covered the Top 10 Earning CEOs in the CG Industry, revealing that for the third consecutive year, the chief executives of the 500 biggest companies in the United States (as measured by a composite ranking of sales, profits, assets and market value) took a reduction in total compensation. The collective pay cut, 30 percent, was the biggest of the past three years (11 percent and 15 percent declines in the prior two years). It was also the first time in the past 20 years that total compensation declined in three consecutive years.
In comparison, this year's Forbes.com list of The World’s Billionaires broke records in size (1,210 billionaires) and total net worth ($4.5 trillion). The following are the Top 10 Food and Beverage billionaires of 2011 so far:
*Net Worth Calculated March 2011
Rank | Name | Net Worth | Market | Country of Citizenship |
32 | Michele Ferrero & family | $18 B | Chocolates | Italy |
81 | John Mars | $10 B | Candy, Pet Food | United States |
81 | Jacqueline Mars | $10 B | Candy, Pet Food | United States |
81 | Forrest Mars | $10 B | Candy, Pet Food | United States |
108 | Julio Mario Santo Domingo | $8.4 B | Beer, Diversified | Colombia |
124 | Charlene de Carvalho-Heineken | $7.5 B | Beer | Netherlands |
158 | Marcel Herrmann Telles | $6.2 B | Beer | Brazil |
169 | Zong Qinghou | $5.9 B | Beverages | China |
185 | Carlos Alberto Sicupira | $5.5 B | Beer | Brazil |
196 | Tsai Eng-Meng | $5.2 B | Food | Taiwan |
To view the full Food and Beverage list, click here. To read about the methodology behind this list, click here.