Early Life
Christopher "Kit" Goldsbury was born in 1942, in San Antonio, Texas, where he was also raised. He graduated from Jefferson High School in 1962 and Trinity University in 1966 with a Bachelor of Arts/Science degree. He later married Linda Pace, the daughter of David Pace, the founder of Pace Foods.
Rise to Success
Goldsbury's career began in 1969, joining Pace Foods. He started on the assembly line and rose through the ranks to become president in 1977. In 1985, he and his wife purchased the company for $14 million. Following their divorce in 1991, he acquired Linda's half for $95 million. In 1994, Goldsbury sold Pace Foods to Campbell Soup for $1.1 billion. This sale significantly increased his wealth and marked a major milestone in his career.
Key Business Strategies
Goldsbury's strategic business moves included the acquisition of Pace Foods, building it into the leading producer of Mexican sauces. He later founded Silver Ventures, a private equity firm, which has invested in real estate development, including the revitalization of the Pearl Brewery complex in San Antonio.
Philanthropy
Goldsbury's philanthropic efforts are primarily channeled through the Goldsbury Foundation. He has made substantial contributions to various organizations, particularly in San Antonio, including Christus Santa Rosa Children's Hospital. He focuses on initiatives supporting children and families, as well as addressing issues contributing to young people dropping out of school.