Richard Lee Yuengling Jr. (born 1943) is an American billionaire businessman and the president and sole owner of the

Pottsville, Pennsylvania Pottsville is a city and the county seat of Schuylkill County, Pennsylvania, United States. The population was 13,346 at the 2020 census, and is the principal city of the Pottsville, PA Micropolitan Statistical Area. The city lies along the wes ...

brewer,

Yuengling D. G. Yuengling & Son (), established in 1829, is the oldest operating brewing company in the United States. In 2018, by volume of sales, it was the largest craft brewery, sixth largest overall brewery and largest wholly American-owned brewery i ...

. He is the fifth generation of the family to run Yuengling, and owns 100% of the company, having bought out his father in 1985.

Career

He started work at Yuengling in 1958, while still in high school. In 1973, he left because he couldn't get his father to invest and expand. He bought a wholesale beer distributor business, working with

Pabst Blue Ribbon Pabst Blue Ribbon, commonly abbreviated PBR, is an American lager beer sold by Pabst Brewing Company, established in Milwaukee, Wisconsin, in 1844 and currently based in San Antonio, Texas. Originally called Best Select, and then Pabst Select, ...

and

Rolling Rock Rolling Rock is a 4.4% abv American lager launched in 1939 by the Latrobe Brewing Company. Although founded as a local beer in Western Pennsylvania, it was marketed aggressively and eventually became a national product. The brand was sold to Anh ...

, and stayed there for 11 years. He is the fifth generation of the family to run Yuengling, and owns 100% of the company, having bought out his father in 1985. In the 2016 edition of the

Forbes 400 The ''Forbes'' 400 or 400 Richest Americans is a list published by ''Forbes'' magazine of the wealthiest 400 American citizens who own assets in the U.S., ranked by net worth. The 400 was started by Malcolm Forbes in 1982 and the list is ...

, Dick Yuengling was ranked 361 with a net worth of $1.9 billion.

Personal life

He is divorced, with four daughters, and lives in Pottsville, Pennsylvania. All four of his daughters work for Yuengling. Yuengling supported Donald Trump in the

2016 Presidential Election This national electoral calendar for 2016 lists the national/ federal elections held in 2016 in all sovereign states and their dependent territories. By-elections are excluded, though national referendums are included. January *7 January: Kiri ...

References

{{DEFAULTSORT:Yuengling, Richard 1943 births Living people American billionaires Yuengling family