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family
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Rank #634
UNITED STATESFood & BeverageLiquor

William Goldring & family

Net Worth
$6B
0% (24h)
William Goldring, an American billionaire, is the chairman of the Sazerac Company, one of the largest spirits companies in the US. Born in New Orleans, he earned a business degree from Tulane University and has built a vast empire in the food and beverage industry. His estimated net worth is $6.0 billion, a testament to his successful career. Goldring's leadership has been instrumental in the growth of Sazerac, which owns over 500 alcohol brands including well-known names like Buffalo Trace and Fireball Cinnamon Whisky. His dedication extends beyond business, with significant contributions to philanthropy, particularly in New Orleans.

The Full Dossier

Early Life

William A. Goldring was born in New Orleans, Louisiana, in either 1942 or 1943. He is the son of Stephen Goldring and Mathilde "Teal" Goldring. Goldring grew up in New Orleans and earned a bachelor's degree in business from Tulane University.

Rise to Success

Goldring took over the family's alcohol business in the 1960s. He is the chairman of the Sazerac Company, one of the largest liquor distillers in the US. He also serves as the chairman of Crescent Crown Distributing, the second-largest beer wholesaler in the US. Under Goldring's leadership, Sazerac's portfolio includes over 500 alcohol brands and a dozen distilleries across several countries. Notable brands under Sazerac include Buffalo Trace Bourbon, Southern Comfort, Fireball Cinnamon Whisky, and Myers's Rum. He grew the family's wholesaling operations and sold their stake in 2010 for an estimated $400 million. Goldring's acquisitions expanded Sazerac's brand portfolio.

Key Business Strategies

Goldring's strategy includes strategic acquisitions and investments. In 2024, Sazerac acquired BuzzBallz line of premixed cocktails for an estimated $400 million. Sazerac is also investing in production capacity and making significant investments to boost production of their aging whiskies. The company is also expanding into new markets, with India identified as a key priority. Sazerac's revenue reached $5 billion as of July 2025.

Philanthropy

Goldring is a member of the board of Tulane University and on the board of trustees of The National WWII Museum, New Orleans. His family established the Goldring Family Foundation. The Goldring Family Foundation supports a wide range of cities across the United States and Canada.

Career Timeline

2010

Sold stake in Republic National Distributing Company

Goldring reevaluated his future and focused on The Sazerac Company.

1991

Chairman of Magnolia Marketing Company

Goldring was named Chairman of the company.

1960s

Took over the family business

William Goldring took over the family's alcohol business.

Philanthropic Impact

Social Justice$135M

Goldring Family Foundation

Supports various cities across the United States and Canada

EducationUnknown

Tulane University

Member of the board

Culture and ArtsUnknown

National WWII Museum

Board of Trustees

Wealth Trajectory