$3 Billion         |         Rank #883

Who is John Middleton

The original business, John Middleton Inc., was founded as a small retail tobacco shop in Philadelphia in 1856 by his great-great-grandfather.
The company began manufacturing cigarettes in the 1950s and launched the Black & Mild cigar brand in 1980.
Middleton bought out his relatives’ stakes in the company in 2003 for about $200 million amid tobacco lawsuits that threatened to harm the business.
Middleton has a nearly 50% stake in the Philadelphia Phillies baseball team. John Middleton is from those few lucky persons who were born rich. He has inherited most of the part of his Wealth. Which leads to the fact that it was comparatively easy for John Middleton to make it into the worldwide list of billionaires and is among the wealthiest persons on earth. He is currently 67.0 years old. John Middleton made his fortune selling his family’s storied tobacco business to Philip Morris’ parent, Altria, in 2007 for $2.9 billion in cash. As of today, John Middleton’s net worth is roughly 3 Billion.

Facts about John Middleton

To find out what is John Middleton Net Worth, how he got there and what is John Middleton Salary Per Day, Career, Biography and Childhood details, continue reading below.

Early Life of John Middleton

John Middleton was born on 02-03-55 in United States. His sister sued him, claiming he cheated her out of her inheritance. Middleton objected the claims, and they reached a reported $22 million settlement. Being raised in the same country, John Middleton spent most of his time in Pennsylvania in the city of Bryn Mawr.

John Middleton net worth is estimated at 3 Billion Billion to date.

Professional Journey

You will see him often in social media.  John Middleton made his fortune selling his family’s storied tobacco business to Philip Morris’ parent, Altria, in 2007 for $2.9 billion in cash. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In his youth, he was adventurous but unknown, but that was years ago. The original business, John Middleton Inc., was founded as a small retail tobacco shop in Philadelphia in 1856 by his great-great-grandfather.
The company began manufacturing cigarettes in the 1950s and launched the Black & Mild cigar brand in 1980.
Middleton bought out his relatives’ stakes in the company in 2003 for about $200 million amid tobacco lawsuits that threatened to harm the business.
Middleton has a nearly 50% stake in the Philadelphia Phillies baseball team. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. John Middleton made his fortune selling his family’s storied tobacco business to Philip Morris’ parent, Altria, in 2007 for $2.9 billion in cash.
It will not be wrong if we say that John Middleton is one of the granted billionaires who inherited most part of the wealth and stands at 883 in most wealthiest persons in the world.

FAQs

Here are a few most frequently asked questions about John Middleton:

How much is John Middleton worth?

John Middleton’s net worth is estimated to be 3 Billion.

How old is John Middleton?

John Middleton was born on 02-03-55, and is currently 67.0 years old.

What is John Middleton source of income?

John Middleton acquires most part of his wealth from tobacco.
 

Concluding John Middleton Net Worth

Currently with a net worth of 3 Billion, John Middleton stands at 883 in the world billionaires list. And draws most of his wealth from tobacco. Hope you like this information about John Middleton. If you like this, then please share it with your friends. This above post is all about the estimated worth of John Middleton. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of John Middleton. Actual worth may vary a little. You can always get information by checking out Leaktown.com.