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Billionaire Profile
R
Global Rank
#628

Image: Federal Government of the United States (Q48525) | Public domain | via Wikimedia Commons

Robert Rich Jr

CEO, Frozen foods
UNITED STATES
Real-Time Net Worth
$6.539B
Estimated based on Frozen foods stock value as of April 20, 2026
0% (24h)
Age
85
Source
Frozen foods
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Robert Rich Jr. is an American billionaire businessman, philanthropist, and author, most recognized as the Senior Chairman and majority owner of Rich Products Corporation, a global leader in frozen food manufacturing. Born in 1941, Rich earned an MBA from the University of Rochester's Simon School of Business. He joined his family's business in 1964 and became President in 1978. Rich Products has grown to generate billions in annual sales. Beyond business, Rich is an active philanthropist, supporting various charitable initiatives. His estimated net worth as of March 2026 is $6.5 billion, a testament to his successful career and strategic leadership.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Robert E. Rich Jr., also known as Bob Rich, was born on January 25, 1941, in Buffalo, New York. He is the son of Robert E. Rich Sr., the founder of Rich Products Corporation. He graduated from Williams College with a bachelor's degree in 1963 and earned an MBA with honors from the Simon Business School of the University of Rochester in 1969.

Rise to Success

Rich joined the family business in 1964, starting as president of Rich Products of Canada, Ltd. He became vice president of sales and marketing before becoming the President of Rich Products in 1978. He was named Chairman in 2006 and Senior Chairman in 2022. Under his leadership, Rich Products has expanded to generate over $5.8 billion in annual revenue.

Key Business Strategies

Rich's leadership has focused on innovation and strategic acquisitions, contributing to Rich Products' growth. The company pioneered non-dairy whipped topping and introduced many other frozen food products. Rich has expanded the company's product line and has made key acquisitions.

Philanthropy

Robert Rich Jr. is a dedicated philanthropist who has contributed to various causes. He has co-founded initiatives like Western New York United Against Drug and Alcohol Abuse. He also served as the chairman of the Cleveland Clinic from 2011 to 2019, leading a fundraising effort to support the institution's growth. Rich has also supported the University at Buffalo and the Buffalo Bisons baseball team.

Career Milestones

1964

Joined Rich Products

Became president of the Canadian subsidiary.

1978

President of Rich Products

Became President of Rich Products Corporation.

2006

Chairman of Rich Products

Became Chairman of Rich Products Corporation.

2022

Senior Chairman of Rich Products

Assumed the role of Senior Chairman.

Philanthropy & Social Impact

Social Causes

Western New York United Against Drug and Alcohol Abuse

Undisclosed

Co-founded the initiative

Healthcare

Cleveland Clinic Fundraising

$1.25B

Led a major fundraising effort to support clinical programs, research, and capital projects.

Business Philosophy & Leadership

Notable Quotes

"I had writer's block for 50 years."

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