Richard Yuengling Jr Net Worth is$1.4 Billion
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Richard Yuengling, Jr. Net Worth: Richard Yuengling, Jr. is an American brewery owner who has a net worth of $1.4 billion. Richard Yuengling, Jr. has secured his place among American billionaires as the fifth-generation owner of America's oldest operating brewery, D.G. Yuengling & Son. Set up in 1829 as Eagle Brewery, the business has also turned into one of the largest breweries by volume in the country. Despite of the company's rise on the one hand, and steep competition and frequent acquisitions in the beer industry on the other, the Pottsville-based company stubbornly remains private. Today, it generates annual sales of more than $400 million with over 2.5 million barrels of beer sold each year. Being the sole owner of such brewery for Yuengling means wearing jeans and driving an old car rather than selling out and flaunting his wealth. To date, he has seen his company spread across 14 states and plans to keep it that way. Saying he couldn't even get along with his own father at the time, Richard Yuengling, Jr. has turned down offers from all the major players in the industry and vows never to sell the business. It was in 1985 that he bought out his dad when revenues were only $6 million.
D. G. Yuengling & Son is the oldest operating brewing company in the United States, established in 1829. It is one of the largest breweries by volume in the country. Based on sales in 2011, Yuengling was tied with the Boston Beer Company, maker of Samuel Adams brands, as the largest American-owned brewery. Its headquarters are in Pottsville, Pennsylvania. Yuengling produces about 2.5 million barrels annually, operating two Pennsylvania facilities and a brewery in Tampa, Florida.
Yuengling is pronounced i/??j????l????/ YING-ling, and is an Anglicized version of J? 1/4 ngling, its founder's surname and the German term for "young man".
The family-owned brewery has traditionally changed ownership through the purchase of the company by the offspring of the previous owner. Due to the popularity of Yuengling Traditional Lager in Pennsylvania and the Delaware Valley, it can be ordered by simply asking for a lager.


The German brewer David Gottlob J? 1/4 ngling immigrated to the United States in 1823 from Aldingen, a suburb of Stuttgart, in the Kingdom of W? 1/4 rttemberg. He anglicized his surname from J? 1/4 ngling to Yuengling and began the "Eagle Brewery" on Center Street in Pottsville in 1829. His eldest son, David, Jr., left the Eagle Brewery to establish the James River Steam Brewery along the James River in Richmond, Virginia. The first brewery burned down in an 1831 fire and the company relocated to W. Mahantongo Street at 5th Street, its current location. The Eagle Brewery changed its name to "D. G. Yuengling and Son" in 1873 after Frederick Yuengling joined his father David in running the company. Although the company's name changed, the bald eagle remained the company's emblem. During the late 19th century, breweries were also opened in Saratoga Springs, New York City, and Trail, British Columbia, although they were eventually merged with the Pottsville plant.
Frank Yuengling began heading the company in 1899 after his father Frederick died. Du

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Richard Yuengling Jr Latest News

Brewery owner Richard Yuengling makes billionaires list from Forbes

Pour a cold one, preferably a Yuengling Lager. Richard Yuengling, Jr., owner of D.G. Yuengling & Son, Inc. brewery in Pottsville, has made Forbes The World's Billionaires List. The 71-year-old self-made brewery owner comes in at 1,105 on the list with $1.8 ...
Posted: March 2, 2015, 3:36 am

Richard ‘Dick’ Yuengling Jr.: 5 Fast Facts You Need to Know

Beer drinkers across America are calling for a boycott of Yuengling after owner Richard ‘Dick’ Yuengling endorsed Donald Trump for president. Their brewery, based in Pottsville, Pennsylvania, is America’s oldest. Dick owns 100 percent of the company ...
Posted: October 29, 2016, 10:43 am

Gay bars ban Yuengling after brewery owner endorses Trump

Richard Yuengling Jr. publicly endorsed the billionaire businessman’s presidential bid, and Trump’s son Eric Trump visited “America’s Oldest Brewery” in Pottsvile, Pennsylvania, to tout Yuengling’s support. “My father’s going to make it a ...
Posted: October 31, 2016, 9:59 am
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