BillionaireNet
Sands
Robert Sands
Rank #1488
UNITED STATESFood & BeverageLiquor

Robert Sands

Net Worth
$2.685B
-0.77% (24h)
Robert Sands is an American billionaire businessman, currently ranked #1447 globally. The primary source of his wealth is the liquor industry, stemming from his leadership at Constellation Brands, a major player in the beer, wine, and spirits market. His career reflects a long-standing commitment to the food and beverage industry, and his achievements include expanding the company's portfolio to include iconic brands like Corona and Modelo beers. His net worth is currently estimated at $2.7 billion. Sands's entrepreneurial spirit has been key to Constellation Brands' growth, making it a Fortune 500 company with billions in annual sales.

The Full Dossier

Early Life

Robert Scott Sands was born in 1958/59 in Canandaigua, New York, and is the son of Marvin Sands. He graduated from The Harley School in Rochester, New York, in 1976. He earned a bachelor's degree in philosophy from Skidmore College, followed by a Juris Doctor from Pace University.

Rise to Success

Sands began his career at the law firm of Harter Secrest & Emery LLP in Rochester, New York, before joining the family business, Constellation Brands, as general counsel in 1986. He later served as CEO of Constellation Brands from 2007 to 2019 and then as Board Chair until 2023. Under his leadership, the company expanded significantly, becoming a leading beer supplier in the high-end U.S. market and one of the fastest-growing consumer packaged goods companies. He is the Executive Chairman of Constellation Brands.

Key Business Strategies

Sands's strategies involved aggressive acquisitions, expanding Constellation Brands' footprint and transitioning the company into premium products, including the rights to Grupo Modelo beers in the US. The company now has more than 9,000 employees and 40 facilities, with annual sales exceeding $8 billion. Sands's leadership was crucial in positioning Constellation Brands as a Fortune 500 company.

Philanthropy

The Sands family has established the Sands Family Supporting Foundation and has made significant donations, including a $61 million contribution to the Rochester Area Community Foundation in 2016.

Career Timeline

2019-2023

Board Chair

Served as Board Chair of Constellation Brands.

2007-2019

CEO

Served as CEO of Constellation Brands.

1986

General Counsel

Joined Constellation Brands as General Counsel.

Philanthropic Impact

Community Support$61M

Sands Family Supporting Foundation

The Sands family established the Sands Family Supporting Foundation.

Wealth Trajectory