Billionaire Profile
William Goldring & family
Global Rank
#639

Image: Public domain | via Wikimedia Commons

William Goldring & family

CEO, Sazerac Company
US
Real-Time Net Worth
$6B
As of December 2025
Age
82
Source
Liquor
Industry
food-beverage
Citizenship
US

Biography

William Goldring, the chairman of the Sazerac Company, is a prominent figure in the spirits industry, with an estimated net worth of $6.0 billion. His career has been dedicated to building Sazerac into one of the largest alcoholic beverage companies in the United States, a journey that began with acquiring shares in 1984 and eventually purchasing the entire company. Under his leadership, Sazerac has expanded its portfolio to over 450 brands, including well-known names such as Buffalo Trace Bourbon and Fireball Cinnamon Whisky. Goldring, a New Orleans native and a graduate of Tulane University, is also recognized for his significant philanthropic contributions to the New Orleans community and beyond.

Wealth Over Time

In-Depth Profile

Early Life

William A. Goldring was born in either 1942 or 1943 in the United States. He is the son of Stephen Goldring and Mathilde "Teal" Goldring. Raised in New Orleans, Goldring attended Newman School and earned a bachelor's degree in business from Tulane University. He is married and has three children: Jeffrey Goldring, Diane Franco, and Marc Goldring.

Rise to Success

Goldring's career is primarily defined by his leadership of the Sazerac Company. He took over the family's beverage alcohol business in the 1960s. His strategy included a series of strategic acquisitions that transformed Sazerac into a major player in the spirits market. He is known for his skills as a tenacious marketer, building a large network of companies in the alcoholic beverage business.

Key Business Strategies

The Sazerac Company, under Goldring's chairmanship, has grown to become one of the largest liquor distillers in the United States. Sazerac's success is attributed to acquisitions, with over 450 brands of spirits. Notable brands under Sazerac include Buffalo Trace Bourbon, Southern Comfort, and Fireball Cinnamon Whisky. Goldring has overseen the expansion of Sazerac's operations to over 100 countries, with multiple distilleries and thousands of employees. Sazerac’s annual revenue is approximately $3 billion as of November 2024.

Philanthropy

Goldring is also recognized for his philanthropy. He serves as chairman of the Goldring Family Foundation and the Woldenberg Foundation. He has supported numerous organizations, including Tulane University and the National WWII Museum, contributing to education, the arts, healthcare, and public spaces in New Orleans. Goldring's philanthropic efforts have significantly transformed the landscape of New Orleans.

Career Milestones

1960s

Took over Family Business

Took over the family's alcohol business.

1984

Began acquiring shares in Sazerac

Started acquiring shares of Sazerac Company.

1990s-Present

Expanded Sazerac Company

Expanded the Sazerac Company through strategic acquisitions.

Philanthropy & Social Impact

Social Justice & Education

Goldring Family Foundation

Undisclosed

Supports social justice, equality, education, healthcare, and the arts.

Various

Woldenberg Foundation

Undisclosed

Supports health, welfare, education, and the arts.

Education

Tulane University

Undisclosed

Supports for the expansion of the A. B. Freeman School of Business.

Arts & Culture

The National WWII Museum

Undisclosed

Supports the museum in New Orleans.

Business Philosophy & Leadership

Notable Quotes

"I'm going till I'm 113 years old."

"With great power comes great responsibility."

Leadership Principles

Philanthropy

Supports and gives back to the community.

Strategic Acquisitions

Uses strategic acquisitions to expand the brand portfolio.

Focus on quality

Prioritizes quality.