Billionaire Profile
C
Global Rank
#2091

Image: Noland, Thomas H Central Mining District (Boulder County, Colo.) Times Printing House (Denver, Colo.) (1882) bkp CU-BANC | Public domain | via Wikimedia Commons

Christopher Goldsbury

CEO, Salsa
UNITED STATES
Real-Time Net Worth
$1.951B
Estimated based on Salsa stock value as of March 6, 2026
0% (24h)
Age
83
Source
Salsa
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Christopher "Kit" Goldsbury is an American businessman with a current net worth of $1.4 billion as of February 2024. His wealth primarily stems from the sale of Pace Foods, the maker of Pace Picante Sauce, to Campbell Soup in 1994 for $1.12 billion. Goldsbury began his career at Pace Foods in 1969, eventually becoming president in 1977. Following the sale, he founded Silver Ventures, a private equity firm. Silver Ventures has invested in various ventures, including the revitalization of the Pearl Brewery complex in San Antonio, Texas, and other food-related businesses.

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

Wealth Over Time

In-Depth Profile

Early Life

Christopher “Kit” Goldsbury was born in the United States. He graduated from Jefferson High School in San Antonio in 1962 and Trinity University in 1966. In 1967, he married Linda Pace, the daughter of David Pace, the founder of Pace Foods.

Rise to Success

Goldsbury's career began at Pace Foods in 1969, where he started on the assembly line before moving to sales. He became president in 1977. In 1985, Goldsbury and Linda purchased the entire business from the Pace family for $14 million. After their divorce in 1991, Goldsbury bought out Linda's half of the company for $95 million. In 1994, Goldsbury sold Pace Foods to Campbell Soup for $1.12 billion.

Key Business Strategies

After selling Pace Foods, Goldsbury founded Silver Ventures in 1995. Silver Ventures invested in food and produce companies, including Desert Glory (later NatureSweet) and the revitalization of the Pearl Brewery complex in San Antonio. Goldsbury’s vision for the Pearl Brewery included chef-driven restaurants, independent retailers, and the Hotel Emma.

Philanthropy

Goldsbury is known for his philanthropic efforts, primarily through the Goldsbury Foundation, established in 1996. He has donated to numerous causes, including a $35 million donation to the Culinary Institute of America in San Antonio and a $20 million scholarship fund called El Sueño to support low-income students. He also donated $20 million to Christus Santa Rosa's Children's Hospital.

Career Milestones

1969

Joined Pace Foods

Began working at Pace Foods, the maker of Pace Picante Sauce.

1977

President of Pace Foods

Became the President of Pace Foods.

1994

Sold Pace Foods to Campbell Soup

Sold Pace Foods for $1.12 billion.

1995

Founded Silver Ventures

Established Silver Ventures, a private equity firm.

Philanthropy & Social Impact

Education

Culinary Institute of America Campus

$35M

Donated to the Culinary Institute of America to establish a campus in San Antonio.

Education

El Sueño Scholarship

$20M

Established a scholarship fund to support low-income students.

Healthcare

Christus Santa Rosa Children's Hospital

$20M

Donated to Christus Santa Rosa's Children's Hospital.

Business Philosophy & Leadership

Notable Quotes

""I was raised in Mexico, so I had a lot of influence in that area, with the food, with the people, everything.""

Leadership Principles

Treat People Well

Believes in treating people well, and that it doesn't cost anything to do so.