Robert E. Rich Jr. Net WorthReal Name: Robert E. Rich Jr.
Date of Birth: 1941
Place of Birth: United States
2017 Net Worth: $3 Billion
Profession: Chairman of Rich Products Corporation
Rob Rich, Bob Rich Biography
Robert E. Rich Jr. was born in 1941. His father, Robert Sr. founded Rich Products in 1945 by introducing the first non-dairy whipped cream. This business venture turned into a virtual empire of frozen foods, the largest family owned frozen food manufacturer to date. Rich graduated in 1963 from Williams College with a BA degree. The following year he joined the family business. Rich proudly served in the US National Guard between the years of 1963 and 1969. He was also a member of the Army Reserve Office School Staff. Rich Jr. took some time off from the family business to earn his Master of Business Administration from the University of Rochester. Once he returned to the business, he crated the position of Vice President of Sales and Marketing.
Rich Jr. was named President of the company in 1978. His father passed away in 2006, leaving Rich Jr. with a 56 percent share of the company and he has assumed the role as the Chairman since then. In addition to the frozen food business, Rich Jr. is an avid sportsman, sports team owner, author, and Broadway producer. Rich Jr. purchased the Buffalo Bison’s (a minor league baseball team) in 1983. He also owns the Northwest Arkansas Natural, an AA affiliate of the Kansas City Royals. He also owns the Jamestown Jammers. Rich Jr. loves sports so much that he even tried out for the position of goalie for the US Olympic hockey team in 1964. Rich Jr. is an accomplished fisherman and his memoir, appropriately named Fish Fights, is being made into a Hollywood movie. Rich Jr. has also produced the Broadway musical Chaplin, which made its debut in 2012.
Rich Jr. is married to Mindy Rich, who has also worked for the family business as Vice Chairman of Rich Products, a position she has held for more than 24 years. He lives with his wife in a luxurious estate in Islamorada, Florida, and has a current net worth of $3 billion.