Richard Sands (businessman)

Richard Sands

Born| 1950 or 1951 (age 73–74)[1]
Nationality| American
Occupation| businessman
Title| Vice Chairman,
Constellation Brands[2]
Spouse| Jennifer [3]
Parent| Marvin Sands
Relatives| Rob Sands (brother)

Richard Sands (born 1950/1951) is an American billionaire businessman, and the chairman of Constellation Brands, a Fortune 500 beer, wine and spirits company founded by his father Marvin Sands.

## Biography

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His father, Marvin Sands, founded the Canandaigua Wine Company in 1945, aged 21.[4] By 1980, its annual sales topped $50 million, and was renamed Constellation Brands in 2000, and has acquired numerous companies including Robert Mondavi wine and Svedka vodka.[4] In 2013, it acquired the US rights to Grupo Modelo beers including Modelo and Corona.[4]

In 2016, along with his brother and mother, "Mickey", donated $61 million to the Rochester Area Community Foundation, the single largest gift in its history.[5]

## Personal life

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Sands lives in Canandaigua, New York.[1]

## References

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1. ^ a b "Forbes profile: Richard Sands". Forbes. Retrieved 14 April 2018.
2. ^ "Fiscal Year 2019 Summary Annual Report" (PDF). Constellation Brands. p. 4. Retrieved 11 September 2019.
3. ^ Kelly Downs. "Sands studios dedicated". Retrieved 22 January 2024.
4. ^ a b c Kirsch, Noah. "How Two Brothers Built Their Family Wine Business Into A $40 Billion Alcohol Empire". forbes.com. Retrieved 14 April 2018.
5. ^ "Sands family gift is largest in history of Rochester Area Community Foundation". WHAM-TV. February 9, 2016.