Billionaire Profile
W
Global Rank
#692

Image: Goldring, William | Public domain | via Wikimedia Commons

William Goldring & family

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

Biography

William Goldring, at 83 years old, is an American billionaire and the Chairman of the Sazerac Company, a leading player in the spirits industry. With a net worth estimated at $6.0 billion, Goldring's wealth stems from his strategic leadership and acquisitions within the liquor sector. He transformed Sazerac into one of the largest distilled spirits producers in the US, with a portfolio of over 500 brands. Known for his philanthropy, Goldring has significantly impacted the New Orleans community. Goldring's career is marked by his commitment to quality and a diverse portfolio, including iconic brands like Buffalo Trace Bourbon and Fireball Cinnamon Whisky.

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

Wealth Over Time

In-Depth Profile

Early Life

William A. Goldring was born in New Orleans, Louisiana, and raised in a family with a strong work ethic. His grandfather, Newman Goldring, founded the Sazerac Company in 1898. Goldring graduated from Tulane University with a bachelor's degree in business.

Rise to Success

Goldring took over the family business in the 1960s. He is the Chairman of the Sazerac Company, one of the largest liquor distillers in the U.S. He expanded the business through strategic acquisitions, including Southern Comfort, Goldschlager, and Myers's Rum. In 2010, he sold the family's wholesaling operations. Sazerac's success is attributed to its diverse portfolio of over 500 brands and a dozen distilleries across the globe, including popular brands like Buffalo Trace Bourbon and Fireball Cinnamon Whisky.

Key Business Strategies

Goldring focused on building a diverse portfolio of brands, balancing premium offerings with more affordable options like Fireball Cinnamon Whisky. His acquisitions expanded Sazerac's brand portfolio, including purchases of Southern Comfort, Goldschlager, and Myers's Rum. In 1991, Goldring purchased the Buffalo Trace Distillery, which he renovated and renamed. Under Goldring's leadership, Sazerac has become one of the largest spirits companies in the United States.

Philanthropy

William Goldring is known for his extensive philanthropic efforts, primarily focused on the New Orleans area. Through the Goldring Family Foundation, he supports numerous causes, including education, arts, and Jewish community organizations. He has provided funding for the Tulane University's A. B. Freeman School of Business, the Goldring Tennis Center at Tulane, the Jewish Community Center in Metairie, the Holocaust Memorial in New Orleans, the Goldring/Woldenberg Institute of Southern Jewish Life in Jackson, Mississippi, and the restoration of Temple Sinai. His philanthropy has transformed the landscape of New Orleans.

Career Milestones

1960s

Took over the family business

Took over the alcohol business built up by his father, Stephen Goldring.

1972

Chief Operating Officer

Became Chief Operating Officer of Magnolia Liquor.

1991

Acquired Buffalo Trace Distillery

Purchased and renovated the Buffalo Trace Distillery.

2010

Sold wholesaling operations

Sold their stake in the family wholesaling operations.

Philanthropy & Social Impact

Philanthropy

Goldring Family Foundation

$10.3M (2023)

Supports various causes, including education, arts, and Jewish community organizations, primarily in the Greater New Orleans area.

Business Philosophy & Leadership

Notable Quotes

""Never buy a bourbon distillery,""

Leadership Principles

Community Service

Serve the greater good. Give time as well as money.

Hard Work

Work and work hard.

Intelligent use of Wealth

Intelligent use of wealth can bring power and happiness, not only to you, but to many …