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J. Christopher Reyes – Billionaire

Joseph Christopher Reyes (born 1953) is the co-chairman, with his brother Jude Reyes, of Reyes Holdings, a beer and food distribution holding company, ranked by Forbes magazine in 2012 as the 14th largest privately held company in the United States.

Early life

Reyes graduated from the University of Maryland and began working at a small beer distribution business that he purchased with his brother and father in Spartanburg, South Carolina.

Career

He began his business career by purchasing a small Schlitz beer distribution business in Spartanburg, South Carolina with his brother and father. Running all aspects of the operation with his brother, the firm aggressively acquired beer distribution businesses and brands. Since 1976, Reyes Holdings has acquired more than 115 beer distribution operations. In April 1998, the firm expanded beyond beer distribution with the purchase of the Martin-Brower Company, a dedicated McDonald’s distribution business operating primarily in the US. =

Philanthropy

He is chairman of the Ann and Robert H. Lurie Children’s Hospital of Chicago and a member of the Board of Trustees for Ronald McDonald House Charities .

He sits on the Board of Directors for Museum of Science and Industry of Chicago, the Boys and Girls Clubs of Chicago, the Steppenwolf Theater Company, the Lyric Opera of Chicago, the United Way of Metropolitan Chicago, the University of Notre Dame, and the Lake Forest Academy. He is also a member of the Economic Club of Chicago, the Commercial Club of Chicago and the Belfer Center for Science and International Affairs .

Political donations

A Republican, he has donated $25,250 to former Illinois Lieutenant Governor Corinne Wood. From 1994 to 2007, he donated $80,200 to the Illinois Republican Party and the Lake County Republican Party committees. He also donated $100,000 to Two Party System, Inc., a Republican PAC.

Christopher Reyes net worth: J. Christopher Reyes’ net worth is $3.9 billion dollars which makes him one of the richest people in Illinois. J. Christopher Reyes graduated from the University of Maryland. He and his brother, Jude, purchased a beer manufacturer based in South Carolina in the mid-70s, for $74,000. Next, they bought up Chicago Beer Systems. Fast-forward to 2012, and their company, Reyes Holdings, is now the largest beer distributor in the US. They have since expanded into other distribution markets, including buying up Martin-Brower, the distribution company in charge of McDonald’s distribution in the United States. The company has since expanded McDonald’s distribution to Canada, Latin America, and Ireland. They also purchased Reinhardt Foodservice, another successful food distribution company. Mr. Reyes sits on the boards of a number of other companies, including Dean Foods, the Wintrust Financial Corporation, Allstate, and Lake Forest Bank and Trust. Christopher and Jude serve as co-chairmen of Reyes Holdings, and their brother, David, manages the various beer distribution companies.

Source:

  1. wikipedia
  2. celebritynetworth

 

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