Thursday 8 February 2007

#645 Ernest Gallo (Wine)



Name: Ernest Gallo
Fortune: Self Made (Wine)
Net Worth: 1.2 Billion
Industry: Food
Billionaire World Rank: #645

Book: Ernest and Julio - Our Story
Amazon.com Rate:
Buy Now At Amazon.com

From Forbes:
"Parents grew grapes for home winemakers during Prohibition. Father killed mother, self, in 1933. Ernest and brother Julio (d. 1993) started wine production soon after. Original business built on jug wine and Night Train, but recent growth from high-end and midprice juice. Today E&J Gallo Winery the world's second-largest vintner. Son Joseph runs daily affairs. Ernest Gallo Clinic & Research Center at UC, San Francisco studies alcohol's effects on the brain."

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