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Jack Link & family
Rank #1076
UNITED STATESFood & BeverageJack Link's meat snacks

Jack Link & family

Net Worth
$4B
0% (24h)
Jack Link, the visionary founder of Jack Link's Protein Snacks, has transformed a family recipe into a global empire. Born in 1946, Link, along with his family, has built a $4 billion, family-owned business, making him a billionaire. The source of his wealth stems from the success of Jack Link's meat snacks, the top-selling jerky brand in America, with an estimated $2 billion in annual revenue and 34% of the U.S. meat snacks market. Link's career began with the simple idea of producing jerky using his great-grandfather's 1880s recipes. This led to the creation of Jack Link's, a company that now sells 800 million packages of meat snacks annually across 200,000 stores in 55 countries.

The Full Dossier

Early Life

Jack Link's story begins in the 1880s when his great-grandfather, Chris Link, immigrated from Germany to Wisconsin, bringing his family's sausage recipes. Jack was born in 1946 in Minong, Wisconsin. Growing up, he worked in his family's meat business, learning the trade from a young age.

Rise to Success

The foundation for Jack Link's Protein Snacks was laid in 1985 when the family's meatpacking business had gone bankrupt. While on a hunting trip, Jack Link was struck by the high price of jerky. He realized he could make the product himself using the family's traditional recipes. His son, Troy Link, played a key role in the business. He understood that selling jerky in resealable bags would be effective. The company, founded in 1986, is known for its flagship product, Beef Jerky. Jack Link's became the first brand to sell jerky in resealable bags, which was key in boosting profitability. Today, Jack Link's is the top-selling jerky brand in the United States.

Key Business Strategies

Jack Link's key strategies include: Using his German immigrant great-grandfather's 1880s recipe, marketing its beef sticks with a cheese stick counterpart, and expanding its product line to include a variety of flavors and types of protein-based snacks. The company also acquired European brands such as BIFI and PEPERAMI to expand its consumer base.

Philanthropy

Jack Link has demonstrated support to the communities in which he lives and works. He has served on the board of directors of Spooner Hospital in Spooner, Wis., and has supported Students for Free Enterprise and the Northwood Education Foundation. In 2018, Jack and his wife, Mary Jo, opened the Jack Link's Aquatic and Activity Center.

Career Timeline

2020

Inducted into the Meat Industry Hall of Fame

Jack Link was inducted to the Meat Industry Hall of Fame.

2013

Chairman of Jack Link's Protein Snacks

Jack Link became chairman, and his son Troy moved into the role of CEO.

1985

Founded Jack Link's Protein Snacks

Jack Link founded Jack Link's, using his great-grandfather's recipes to produce beef jerky.

1978-1985

President and CEO of Link Industries

Link served as President and CEO of Link Industries.

1960-1978

Vice President and Part Owner of Link Brothers

Jack Link worked in the family business and gained experience in meat processing.

Philanthropic Impact

Community SupportUndisclosed

Supporting Local Communities

Jack Link has supported various organizations and communities through the years. He opened the Jack Link's Aquatic and Activity Center.

EducationUndisclosed

Students for Free Enterprise and the Northwood Education Foundation

Jack Link supports students and provides opportunities for learning

HealthcareUndisclosed

Spooner Hospital Board of Directors

Jack Link served on the board of directors of Spooner Hospital in Spooner, Wis.

Wealth Trajectory