⬅ # 287 Quek Leng Chan|# 289 Jude Reyes

# 288 J. Christopher Reyes 

$8.64B

Real Time Net Worth
as of 4/20/2024

# 288 J. Christopher Reyes 

$8.64B

Real Time Net Worth
as of 4/20/2024
OccupationCo-Chair, Reyes Holdings
Source of WealthFood Distribution
Age70
ResidenceHobe Sound, Florida
Marital StatusMarried
Children4
EducationBS, University of Maryland
Age-Adjusted Net Worth$4.39B
J. Christopher Reyes
J. Christopher Reyes
United States
Net worth: $8.64B

Self-Made Score 

Wealth History

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Biography

Early Life and Education

J. Christopher Reyes was born in 1953, the eldest son of Joseph A. Reyes and Frances Marie Reyes. He has seven brothers and one sister.
He earned a bachelor's degree from the University of Maryland.

Career

Reyes, along with his brother and father, purchased a small Schlitz beer distribution business in Spartanburg, South Carolina in 1976, marking the beginning of their business career.
Reyes Holdings aggressively acquired beer distribution businesses and brands, accumulating more than 130 beer distribution operations since its inception.
In April 1998, Reyes Holdings expanded beyond beer distribution by acquiring the Martin-Brower Company, a McDonald's distribution business operating in the US and internationally.
In 2015, Reyes Holdings further diversified its portfolio by venturing into Coca-Cola production and distribution with the acquisition of Great Lakes Coca-Cola Bottling in Chicago and the Midwest.
Reyes Holdings currently operates Coca-Cola production under Reyes Coca-Cola Bottling, with operations spanning across California, Nevada, and the Midwest.

Business Ventures

Reyes Holdings, co-chaired by J. Christopher and his brother Jude, is a food and beverage distribution holding company with sales reaching $35 billion.
Reyes is the largest beer distributor in the U.S., and the company also owns two Coca-Cola bottlers and distributors.
Key customers of Reyes Holdings include Heineken, Lagunitas, McDonald's, and Chick-fil-A.
Reyes Beverage Group, a division of Reyes Holdings, distributes 151 million cases of beer annually.

Political Involvement

Identified as a Republican, J. Christopher Reyes, along with his brother Jude, are notable contributors to conservative political groups.
In 2022, the Reyes brothers individually donated $9.3 million to various political campaigns.
Reyes has made significant personal donations to political figures and organizations, including $25,250 to former Illinois Lieutenant Governor Corinne Wood and $100,000 to Two Party System, Inc., a Republican PAC.
Between 1994 and 2007, he contributed $80,200 to the Illinois Republican Party and the Lake County Republican Party committees.

Personal Life

J. Christopher Reyes is married to Anne N. Reyes, and they reside in Hobe Sound, Florida.
In 2010, Reyes purchased a property spanning 44 acres in Aspen, Colorado, for $47.5 million.
In 2022, he was identified as the purchaser of the $36 million Driehaus property in Lake Geneva, Wisconsin.

Philanthropy

Reyes is actively involved in philanthropic endeavors, serving as a distinguished lifetime director of Ann and Robert H. Lurie Children's Hospital of Chicago.
He also holds positions as a director of Northwestern Memorial Healthcare, a trustee of Ronald McDonald House Charities, and the University of Notre Dame.

How long would it take you to become as rich as J. Christopher Reyes?

If you started with $10,000 and invested an additional $500 each month at a 43.95% CAGR, it would take you 5 years to reach J. Christopher Reyes's net worth of $8.64B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 34.07% compared to 5.08% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

J. Christopher Reyes is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For J. Christopher Reyes, Food Distribution is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey