If you’ve ever eaten at McDonald’s (MCD), you’ve indirectly helped fill the coffers of this Chicago-based company.
With more than 14,000 employees and annual revenues of $20 billion, Reyes‘ Martin-Brower subsidiary serves more than 18,000 McDonalds around the world. Reyes Beverage Group sells more than 100 million cases of beer annually to 32,000 accounts in 10 major U.S. markets. Finally, its Reinhart Foodservice division supplies fresh produce and equipment to customers in 45 states. It’s the largest privately held, family-owned distribution company.
So who’s behind this massive organization?
That would be 59-year-old Chris Reyes and his 57-year-old brother Jude. Along with their father Joseph, they acquired a Schlitz beer distributorship for $740,000 in 1976. The rest, as they say, is history. Today, the Reyes brothers are both on the Forbes 400 list of America’s wealthiest persons, each with an estimated net worth of $3.3 billion. Although they run the 16th largest private company in the U.S., they’re relatively unknown outside Chicago.
But you can’t go wrong selling food and beer.