Billionaire Profile
B
Global Rank
#745

Image: [Brown, George Stayley] [from old catalog] | Public domain | via Wikimedia Commons

Bert Beveridge

CEO, Vodka
UNITED STATES
Real-Time Net Worth
$5.536B
Estimated based on Vodka stock value as of March 6, 2026
0% (24h)
Age
64
Source
Vodka
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Bert "Tito" Beveridge, the founder of Tito's Handmade Vodka, is an American entrepreneur with a net worth of $9 billion as of early 2024. Born in San Antonio, Texas, Beveridge's journey to success began with a degree in geology and geophysics from the University of Texas at Austin. After a diverse career path, including stints in the oil and gas industry and mortgage brokerage, he began experimenting with making flavored vodkas for friends. This passion led him to found Fifth Generation, Inc., and the Mockingbird Distillery in 1997. Starting with a $90,000 loan from 19 credit cards, Beveridge built Tito's Handmade Vodka, which is now one of the fastest-growing spirit brands in America. Tito's Vodka is made from yellow corn and is distilled six times. His career is a testament to the power of perseverance and the importance of following one's passion, with the company now selling over 12 million cases of vodka in 2024.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Bert Butler Beveridge II, also known as "Tito", was born in San Antonio, Texas. Growing up, he had a comfortable life and played polo. As a youngster, he aspired to train horses. He attended the University of Texas at Austin, where he studied geology and geophysics. After graduating, he began a career in the oil and gas industry, working in Texas, Venezuela, and Colombia.

Rise to Success

Beveridge's career path took a turn when he started making flavored vodkas as gifts for friends in the early 1990s. He realized that most vodkas on the market lacked quality, leading him to create his own affordable, smooth vodka. In 1995, he founded Tito's Handmade Vodka, and started the company in 1997 with $90,000 borrowed using 19 credit cards. He slept on floors and couches while building his business. Tito's got its first big break by winning the 2001 World Spirits Competition against 72 other vodkas.

Key Business Strategies

Tito's Handmade Vodka differentiates itself by using a pot-still distillation process and a corn base. Beveridge focused on making vodka he liked to drink, prioritizing flavor and smoothness. The company's success is also attributed to its image as a small-batch brand with Texas origins. The company donates the net proceeds from its online store to nonprofits.

Philanthropy

Tito's Handmade Vodka says it donates the net proceeds from its online store to nonprofits.

Career Milestones

1995

Founded Tito's Handmade Vodka

Bert "Tito" Beveridge started the company with the goal of producing a high-quality, affordable vodka.

1997

Commercial Production Begins

Fifth Generation, Inc. and Mockingbird Distillery were established, marking the start of commercial production.

2001

Won the World Spirits Competition

Tito's Handmade Vodka won the Double Gold Medal, beating out other vodkas and gaining international recognition.

2017

Forbes 400 List

Beveridge was named as one of America's richest people.

2024

Sold 12 million cases of vodka

The company sold more than 12 million cases of vodka.

Philanthropy & Social Impact

Various

Online store proceeds to nonprofits

Unknown

Tito's says it donates the net proceeds from its online store to nonprofits.

Business Philosophy & Leadership

Notable Quotes

"I make it the same way I've always made it. I just have a lot more stills."

"Find the intersection of what you love to do and what you're good at."

Leadership Principles

Focus on Quality

Prioritize producing a high-quality product that people will enjoy.

Persistence

Embrace hard work and keep going, even when facing challenges.

Be True to Yourself

Stick to your vision and don't worry about what others are doing.