BillionaireNet
family
J
Rank #1432
UNITED STATESFood & BeverageFood processing

John Tyson & family

Net Worth
$2.808B
-0.38% (24h)
John Tyson, born on September 5, 1953, in Springdale, Arkansas, is the Chairman of Tyson Foods, Inc., a global leader in food processing. As the grandson of the company's founder, John W. Tyson, and son of former CEO Don Tyson, he has been instrumental in shaping Tyson Foods into the world's second-largest processor and marketer of chicken, beef, and pork. He served as CEO from 1999 to 2006 and has been Chairman since 1998. Under his leadership, Tyson Foods expanded through key acquisitions, including IBP, Inc., and Hillshire Brands. Tyson is also known for his art collection and philanthropic efforts, including the founding of the Tyson Center for Faith and Spirituality in the Workplace.

The Full Dossier

Early Life

John H. Tyson was born on September 5, 1953, in Springdale, Arkansas. He is the grandson of John W. Tyson, the founder of Tyson Foods, and the son of Don Tyson, who also served as the CEO of the company. Tyson graduated from Springdale High School and later attended Southern Methodist University, where he earned a bachelor's degree in business administration.

Rise to Success

Tyson's career at Tyson Foods began in his teenage years. He joined the board of directors in 1984, became vice chairman in 1990, and was president of the beef and pork division in 1993. He became CEO in 1999 and held the position until 2006. Since 1998, he has served as Chairman. Under his leadership, Tyson Foods acquired IBP, Inc. and Hillshire Brands, significantly expanding the company's portfolio and market presence.

Key Business Strategies

John Tyson's leadership has been characterized by strategic acquisitions and a focus on expanding Tyson Foods' product offerings. The acquisition of IBP, Inc., made Tyson Foods the largest meat processor in the United States. The Hillshire Brands acquisition further diversified the company into prepared foods, increasing annual sales significantly. He led the development of Tyson Foods' “Core Values,” setting goals and standards for the company.

Philanthropy

John Tyson is actively involved in several philanthropic endeavors. He is involved with Tyson Foods' charitable giving, which focuses on health and human services, community development, education, hunger relief, and supporting military veterans. He founded the Tyson Center for Faith and Spirituality in the Workplace at the Sam W. Walton College of Business, University of Arkansas. Tyson has also been recognized for his commitment to the common good and the improvement of local communities.

Career Timeline

2014

Acquisition of Hillshire Brands

Led the acquisition of Hillshire Brands for $63 per share, the largest deal in the meat industry.

2006

Stepped down as CEO

Relinquished the CEO position.

2001

Acquisition of IBP, Inc.

Led the acquisition of IBP, Inc., making Tyson Foods the largest meat processor in the United States.

1999

CEO of Tyson Foods

Became CEO of Tyson Foods.

1998

Chairman of Tyson Foods

Appointed as Chairman of Tyson Foods.

1993

President of Beef and Pork Division

Became President of the Beef and Pork Division.

1990

Vice Chairman

Assumed the role of Vice Chairman within the company.

1984

Joined the Board of Directors

Began his journey on the board of directors at Tyson Foods.

Philanthropic Impact

Hunger Relief$30K

Watershed Project

Tyson Foods has provided 30,000 pounds of meat to the Watershed Project for local hunger relief.

Hunger ReliefUndisclosed

KNOW Hunger Campaign

Initiated in 2011 to raise awareness of hunger in the United States.

Community Development$757K

Grants to Arkansas Organizations

Awarded grants to organizations in Arkansas focusing on hunger and COVID-19 relief, childcare services, education, etc.

Wealth Trajectory