What is Bert Beveridge's Net Worth?
Bert Beveridge, an influential American businessman and entrepreneur, boasts a remarkable net worth of $9 billion. He gained widespread recognition as the founder of Tito's Vodka. Born in San Antonio, Texas, Beveridge's journey into the world of spirits began as a mere hobby. In 1997, his passion led to the establishment of Fifth Generation, Inc. and the Mockingbird Distillery.
With an initial investment of $90,000 borrowed using 19 credit cards, Beveridge faced numerous challenges, often sleeping on floors and couches. However, perseverance paid off when Tito's Vodka clinched the World Spirits Competition in 2001, outshining 72 other vodkas. Today, Tito's Vodka is one of the fastest-growing spirits brands in the United States, having sold an astonishing 44 million bottles in 2016 and an impressive 63 million in 2017.
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A proud alumnus of the University of Texas at Austin, Beveridge is also known for his philanthropic efforts. He generously donates 100% of the net proceeds from Tito's online store to various nonprofit organizations. Notably, Tito's Vodka is uniquely crafted from yellow corn, setting it apart from vodkas made with wheat or potatoes.
