#1348

Duke Reyes

United States 69 years old

Overview

Source of Wealth
Beer distribution
Residence
Palm Beach, Florida
Marital Status
Married

Biography

Duke Reyes is CEO of Reyes Holdings, a food and beverage distribution company with more than $40 billion in sales and nearly 30,000 employees.

His older brothers Chris and Jude Reyes are co-chairmen, while younger brothers James and Tom are executives at a beer distribution subsidiary.

His older brothers and their father started the group in 1974 with a small Schlitz beer distributor in South Carolina purchased for $740,000.

Reyes Holdings owns food distributor Martin-Brower, beer distributor Reyes Beverage Group and two Coca-Cola bottlers.

Reyes Holdings sold its food distribution subsidiary Reinhardt to another distributor, Perfomance Food Group, in 2019 for $2 billion.

About

Reyes Beverage Group distributes 171 million cases of beer each year.

Martin Brower delivers food to 16,000 McDonald's locations, TK Panera locations and TK Chik-Fil-A locations.