These Are the Wealthiest Families in America

Published on 02/27/2020
ADVERTISEMENT

The Beveridge Family – $25B

Tito’s Handmade Vodka was brought to life by Bert Beveridge, the name of the company sweetly taken from the patriarch’s nickname, “Tito”. Operating out of Texas, the business quickly found affluence, with the sale of around 45 million drinks. Before vodka, Bert was involved in the gas and oil industry, jet-setting around South American countries like Columbia and Venezuela. He also enjoyed a stint operating and selling mortgages. Interestingly, it was the sweetened vodka he would provide his friends with around Christmas which would form the basis of his business.

The Beveridge Family

The Beveridge Family

ADVERTISEMENT

The Vandersloot Family – $3.4B

What is known as Oil Melaleuca was actually created by the brother-in-law of Frank Vandersloot, a business which sold tea tree oil. Sadly, the marketplace had little room for this product’s flourishing. Further, the business encountered problems when the FDA charged them with falsely reporting their medical figures towards boosting profits. Vandersloot eventually liquidated the business, in time calling it “a mess” in interviews. That wasn’t the end of Melaleuca, however, as Vandersloot successfully revived it and currently profits off homecare items, cleaning goods and nutritional enhancements.

The Vandersloot Family

The Vandersloot Family

ADVERTISEMENT