Who Are Robert and Richard Sands?
Rob and Richard Sands are US-based billionaires. They own Constellation Brands, which was founded by their father. Constellation Brands is the largest beer import company in the US. They own a fleet of superyachts and private jets.
Richard Sands
He was born in March 1951. He is married to Jennifer. He has 2 children: Ashley and Cameron. He has a Master’s degree from the University of North Carolina.
For 19 years he was Chairman of the Board of Constellation. He is now Executive Vice-Chair. In the past he was also Vice President, COO, CEO, and President.
In 2002 he was named WINE ENTHUSIAST MAN OF THE YEAR, given for outstanding achievement in the wine world
Rob Sands
Rob was born in October 1958. He is married to Pamela. He has 2 children from a previous marriage: Lauren and MacKenzie. He studied Law at Pace University.
He is now Executive Chairman at Constellation. His previous roles were Executive Vice President, General Counsel, and CEO. He is also Chairman of the New York Wine and Culinary Center.
Constellation Brands
Constellation is an international producer and marketer of beer, wine, and spirits. It was founded in 1945 by Marvin Sands as a small wine producer in upstate New York. He sold wine in barrels to bottles. A few years later he already realized annual sales of US$ 1 million.
It now has more than 9,000 employees and 40 facilities. The company realizes annual sales of more than US$ 8 billion and a net profit of US$ 3.4 billion. The Sands family is the controlling shareholder of the company.
The company is known for brands as Corona, Modelo, and Svedka Vodka.
Sands Family Net Worth
Rob and Richard have a net worth of $3 billion each. Robert and Richard each own more than 15 million shares. (Share price at the time of this publication: US$ 200 per share).
Sands Family Philanthropy
The family has established the Sands Family Supporting Foundation. In 2016 they donated US$ 61 million to the Rochester Area Community Foundation
Yacht Moonstone
Their latest yacht is the Amels Moonstone.
