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Michael Jude Reyes (born 1955) is an American billionaire businessman, co-chairman of Reyes Holdings, a major food and beverage distribution company. His primary wealth source is food distribution. Together with his brother, he transformed a small beer distributor into a $40 billion enterprise. His career highlights include strategic acquisitions and expansion, making Reyes Holdings a leading force in the industry. As of 2024, his net worth is estimated at $13.1 billion.
Michael Jude Reyes was born in 1955 in Washington, D.C., and was raised in Maryland. He is the son of Joseph A. Reyes, who instilled in him a foundation in business acumen. Jude Reyes grew up in a family that emphasized perseverance and collaboration, values that would later define his business approach. He earned a bachelor's degree from Wofford College.
In 1976, Jude Reyes co-founded Reyes Holdings with his brother, J. Christopher Reyes. The initial venture involved acquiring a small Schlitz beer distributorship in South Carolina for $740,000. Through strategic acquisitions and a focus on efficient distribution, the company expanded significantly. The company then diversified and expanded its operations to include food distribution. Strategic acquisitions, like Martin Brower (McDonald's largest distributor) and Reinhart Foodservice, fueled rapid growth. The company is now the largest beer distributor in the U.S. and the world's largest international distributor for McDonald's via its Martin Brower subsidiary.
Reyes Holdings' success stems from strategic acquisitions and operational efficiency. Jude Reyes emphasized strong relationships with suppliers and clients, fostering a family-oriented culture that has sustained long-term growth without public ownership. His leadership has driven the company to prioritize ethical accountability and employee well-being. Key achievements include transforming Reyes Holdings from a single beer distributor into a food and beverage distribution leader.
Jude Reyes is involved in philanthropic activities through the Wonderful Life Foundation, formerly known as the M. Jude and Lori W. Reyes Foundation. The foundation supports various causes, including education, healthcare, and conservative policy advocacy.
Acquired a small Schlitz beer distributorship, marking the beginning of the Reyes Holdings empire.
Acquired Martin-Brower, the largest distributor for McDonald's.
Supports religious, educational, charitable, scientific, and literary purposes.
Emphasizes ethical accountability and employee well-being, fostering a family-oriented culture that has sustained long-term growth.
Cultivates strong relationships among employees, suppliers, and customers.
