Billionaire Profile
Christopher Goldsbury
Global Rank
#1986

Image: Public domain | via Wikimedia Commons

Christopher Goldsbury

CEO, Pace Foods
US
Real-Time Net Worth
$1.94B
As of December 2025
Age
82
Source
Salsa
Industry
food-beverage
Citizenship
US

Biography

Christopher "Kit" Goldsbury, a US citizen, is an 82-year-old billionaire. His wealth source is primarily from Pace Foods, the salsa company he sold. Goldsbury's career includes working at Pace Foods, starting in 1969 and rising to President in 1977. A significant achievement was selling Pace Foods to Campbell Soup Company for $1.1 billion. Currently, Goldsbury is the CEO of Silver Ventures, which focuses on real estate and investments, particularly in the revitalization of San Antonio's Pearl Brewery district. He is known for his philanthropic efforts through the Goldsbury Foundation.

Wealth Over Time

In-Depth Profile

Early Life

Christopher "Kit" Goldsbury was born in 1942 in San Antonio, Texas. Raised in a family with strong local community ties, he learned the values of hard work and entrepreneurship from his father, a successful businessman. Goldsbury attended Trinity University in San Antonio, earning a Bachelor of Arts/Science degree.

Rise to Success

Goldsbury's career began in 1969 when he joined Pace Foods, the producer of Pace Picante Sauce, working on the assembly line. His business acumen helped him quickly rise through the ranks. He became President of Pace Foods in 1977. In 1994, Goldsbury sold Pace Foods to Campbell Soup Company for $1.1 billion. After the sale, he founded Silver Ventures, a private equity firm.

Key Business Strategies

Goldsbury's strategic moves included modernizing manufacturing processes, expanding the product line, and using effective advertising to increase sales. He focused on revitalizing the downtown Pearl neighborhood through his private equity firm Silver Ventures. He has made significant investments in the San Antonio area, particularly with the development of the Pearl Brewery complex.

Philanthropy

Through the Goldsbury Foundation, Goldsbury has been involved in various local organizations. Notably, he funded the David Christopher Goldsbury Center for Children and Families at Christus Santa Rosa Children's Hospital. He also donated to the Culinary Institute of America to establish a campus at the Pearl Brewery complex. The Goldsbury Foundation focuses on providing support for children and families in San Antonio, Texas.

Career Milestones

1969

Joined Pace Foods

Began working at Pace Foods, a salsa producer, shortly after marrying the founder's daughter.

1977

Became President of Pace Foods

Rose to the position of President within Pace Foods.

1994

Sold Pace Foods to Campbell Soup

Sold Pace Foods for $1.1 billion.

1995

Founded Silver Ventures

Established Silver Ventures, a private equity firm.

2001

Bought Pearl Brewery

Bought the Pearl Brewery site.

Philanthropy & Social Impact

Healthcare

David Christopher Goldsbury Center for Children and Families

$5M

Funded the construction of the center at Christus Santa Rosa Children's Hospital.

Education

Culinary Institute of America Campus

$35M

Donated to establish a campus at the Pearl Brewery complex.

Education

El Sueño Scholarship

$20M

Scholarship fund to support low-income students at the culinary school.

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

Vision

Demonstrates a clear vision for revitalization and investment, as seen with the Pearl Brewery development.

Strategic Investments

Focuses on making investments that will provide a good return, as well as having a positive impact on the local community.