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David Rich Net Worth

David Rich Net Worth

Net Worth: $1.5 Billion

Statistics
  • Source of Wealth Rich Foods
  • Birth Place Jackson, Mississipp
  • Marital Status Married
  • Full Name David A. Rich
  • Nationality United States
  • Ethnicity Caucasian
  • Occupation Businessman
  • Education Bradley University and Science Virginia Theological Seminary
  • Children 6
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About David Rich

American businessman David Rich has an estimated net worth of $1.5 billion in 2012. Considered as one of the wealthiest man in Mississippi, Rich was born to a family that has already established a good reputation in the packaged food business.

David Rich is a graduate of Science Virginia Theological Seminary and Bradley University. Robert Rich Sr., his father, is recognized as the founder of Rich Foods. Founded after the World War II, the company was initially focused on soy-based whipped topping and ice cream which later expanded into frozen bread, pies, cakes, nondairy creamer and other non-dairy desserts.

In 1978, Robert Rich Jr., his brother, took over as the company’s president until he became the Chairman. Though he doesn’t have any interest in joining the corporate world, he had to partake in the family business when his father died in 2006 which gave him 44% of the company’s stakes as inheritance. Since then, the company has expanded significantly, even in Asian market. Today, the company is valued at $3 billion.