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The Biggest Billionaires in Food and Beverage

7/20/2011
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.

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