Richard Sands

$2.65 B

Ranked #1539 in World

About Richard Sands

Richard Sands, the American billionaire and Chairman of Constellation Brands, has significantly shaped the Fortune 500 liquor industry. Born around 1950, Sands continues the legacy of his father, Marvin Sands, who initiated Canandaigua Wine Company in 1945. Under his helm, Constellation expanded with notable acquisitions like Robert Mondavi and Svedka. The 2013 purchase of US rights to Modelo and Corona beers bolstered their portfolio. His record $61M donation to Rochester's Community Foundation reflects his philanthropic ethos. Sands resides in Canandaigua, NY.

Born

March 03, 1951

Age

75 years

Source Of Wealth

Liquor

Industries

Food & Beverage

Citizenship

United States

Residence

Delray Beach, Florida

Education

Doctorate, University of North Carolina; Bachelor of Arts/Science, University of Vermont

Spouse

Jennifer

Parent

Marvin Sands

Richard Sands, born in 1950 or 1951, grew up in a family deeply rooted in the wine industry. His father, Marvin Sands, founded Canandaigua Wine Company in 1945, laying the foundation for Richard's future success in the beverage industry.

Richard Sands: Family

Richard Sands comes from a prominent family with a rich history in the wine business. His father, Marvin Sands, was a visionary entrepreneur who established Canandaigua Wine Company, which later became part of Constellation Brands.

Richard Sands: Career Highlights

Richard Sands' career is marked by a series of remarkable achievements. He serves as the Chairman of Constellation Brands, a Fortune 500 company that has acquired numerous notable brands, including Robert Mondavi wine and Svedka vodka. In 2013, Sands made a significant move by acquiring the US rights to Grupo Modelo beers, including the popular Modelo and Corona brands.

Richard Sands: Companies

Richard Sands has been instrumental in the growth and success of several companies. He is the Chairman of Constellation Brands, a leading beer, wine, and spirits company. Under his leadership, Constellation Brands has expanded its portfolio through strategic acquisitions, including Robert Mondavi wine, Svedka vodka, and the US rights to Grupo Modelo beers.

Richard Sands: Major Achievements

One of Richard Sands' most notable achievements is his philanthropic contribution to the Rochester Area Community Foundation in 2016. His generous donation of $61 million marked the largest gift in the foundation's history, demonstrating his commitment to supporting his local community.

Richard Sands: Awards & Achievements

Richard Sands' accomplishments have been recognized through various awards and accolades. He was named "Wine Executive of the Year" by Wine Enthusiast Magazine in 2013 and received the "Lifetime Achievement Award" from the New York State Wine & Grape Foundation in 2016.

Richard Sands: Personal Life & Legacy

Richard Sands resides in Canandaigua, New York, where he continues to lead Constellation Brands and contribute to the local community.

His legacy is one of entrepreneurial success, philanthropy, and a deep commitment to the beverage industry.

Richard Sands: Trivia

Richard Sands is known for his passion for wine and his extensive collection of rare and vintage wines. He is also an avid art collector and has donated several pieces to the Memorial Art Gallery in Rochester, New York.

Wealth History

Timeline

1945

Marvin Sands founded Canandaigua Wine Company.

1950 or 1951

Richard Sands was born.

2013

Constellation Brands acquired the US rights to Grupo Modelo beers, including Modelo and Corona.

2016

Richard Sands donated $61 million to the Rochester Area Community Foundation.

Richard Sands : FAQs

What is Richard Sands's current net worth?

Richard Sands's current net worth is $2.65 billion.

What is Richard Sands's current global rank among billionaires?

Richard Sands holds the 1539th position globally among billionaires.

What is Richard Sands's current ranking within the United States?

Richard Sands holds the 539th position in United States.

What was the change in Richard Sands's net worth compared to the previous year?

Richard Sands's net worth increased by 178.15 million dollars compared to the previous year 2025, when his net worth was 2.47 billion dollars.

What are Richard Sands's main sources of wealth?

Richard Sands's main source of income comes from Liquor.

In which industry does Richard Sands primarily operate?

Richard Sands is primarily involved in the Food & Beverage industry.

What is Richard Sands educational background?

Richard Sands holds a Doctorate from the University of North Carolina and a Bachelor of Arts/Science from the University of Vermont.

How old is Richard Sands?

Richard Sands is 75 years old.

Who is Richard Sands, and what company is he associated with?

Richard Sands is an American billionaire businessman known for being the Chairman of Constellation Brands, a leading Fortune 500 company in the beer, wine, and spirits industry.

What is Constellation Brands' significance in the beverage industry under Richard Sands' leadership?

Under Richard Sands' leadership, Constellation Brands expanded by acquiring various companies, including Robert Mondavi wine and Svedka vodka, and secured the US rights to Grupo Modelo beers, such as Modelo and Corona.

How did Richard Sands contribute to the Rochester community?

Richard Sands made a significant impact on the Rochester community by donating $61 million to the Rochester Area Community Foundation in 2016, marking the largest gift in the foundation's history.

What is the history behind Constellation Brands, which Richard Sands chairs?

Constellation Brands was originally founded as Canandaigua Wine Company in 1945 by Marvin Sands, Richard Sands' father, and has since grown into a prominent player in the alcoholic beverage industry.

Where does Constellation Brands CEO Richard Sands reside?

Richard Sands, the chairman of Constellation Brands, resides in Canandaigua, New York.