Who is Stanley Star?
Star is the founder of the private-label juice maker Cliffstar. He was born in August 1936. He is married to Elisabeth. They have 3 children.
Founded in 1970, Cliffstar is now one of the leading suppliers of private label beverages and the largest private label producer in the United States of juices such as apple juice, grape juice, cranberry juice, and juice-blends.
Cliffstar owns eleven production and bottling factories in the United States. In 2010 Cliffstar realized USD 650 million of sales with 1,200 employees.
Sold to Cott Corporation
In that same year, Cliffstar was sold to Cott Corporation for more than USD 500 million. At that moment Stanley Albert Star owned 85% of the shares.
Cott Corporation is one of the world’s largest non-alcoholic beverage companies and the world’s largest retailer brand soft drink company.
Stanley and his wife Elisabeth Star are active philanthropists through their The Star Family Foundation.
They funded the Stanley A. Star Professorship of Law and Business at Duke Law School and also donated US$ 5 million to that same school.
Stanley Star Net Worth
His net worth is estimated at US$ 500 million.