BillionaireNet
family
B
Rank #1561
UNITED STATESFood & BeverageWine

Barbara Banke & family

Net Worth
$2.543B
0% (24h)
Barbara Banke, Chairman and Proprietor of Jackson Family Wines, is a prominent figure in the wine industry. With a background in law, she transitioned from a successful legal career to lead Jackson Family Wines, a multinational enterprise built alongside her late husband, Jess Jackson. As of 2024, her estimated net worth is $2.5 billion, stemming from her ownership of Jackson Family Wines and her leadership in other ventures. Banke's career is marked by her strategic vision, commitment to quality, and expansion of the family's wine portfolio, including the renowned Kendall-Jackson wines. She is also involved in philanthropy and the family's equestrian racing stables, Stonestreet Farms.

The Full Dossier

Early Life

Barbara Banke was born in the 1950s in Southern California. She developed an early interest in law, influenced by reading mystery novels and watching legal dramas. Banke earned a degree from UCLA and later attended Hastings Law School. Her legal career focused on land use cases.

Rise to Success

Banke met Jess Jackson, a high-powered attorney, and they eventually married in 1984. She became involved in the Jackson family's wine business in 1990, leaving her law practice. After Jess Jackson's death in 2011, Barbara became Chairman and Proprietor of Jackson Family Wines, guiding the company through significant expansion and success.

Key Business Strategies

Under Banke's leadership, Jackson Family Wines has expanded its portfolio to include over 40 wineries in various countries. The company focuses on producing high-quality wines across different price points, with Kendall-Jackson being a flagship brand. Banke has emphasized direct communication with consumers and partnerships with distributors to maintain a strong presence in a competitive market.

Philanthropy

Banke is actively involved in philanthropy. She has chaired the Sonoma County Wine Auction, raising record amounts for the local community. She has also contributed significantly to the Jess S. Jackson Sustainable Winery Building at UC Davis and the Family Justice Center Sonoma County.

Career Timeline

2025

Forbes Lists

Ranked #42. World's Richest Self-Made Women and #16. America's Richest Self-Made Women.

2011

Became Chairman & Proprietor

Took over leadership of Jackson Family Wines after the death of her husband, Jess Jackson.

1990

Joined Jackson Family Wines

Left a successful law career to join her husband Jess Jackson in his wine business.

Philanthropic Impact

Community Support$5.2M

Sonoma County Wine Auction

Chaired the Sonoma County Wine Auction, raising a record $5.2 million for the local community.

Education and Sustainability$4M

Jess S. Jackson Sustainable Winery Building at UC Davis

Committed nearly $4 million to the Jess S. Jackson Sustainable Winery Building at UC Davis to train the next generation of winemakers in sustainability practices.

Domestic Violence Support$0.5M

Family Justice Center Sonoma County

Contributed $500,000 to help launch the Family Justice Center Sonoma County, assisting victims of domestic violence.

Wealth Trajectory