And The Richest Man In Pennsylvania Is.......

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papipeguy

Lifer
Jul 31, 2010
15,778
35
Bethlehem, Pa.
PENNSYLVANIA: John S. Middleton is worth $1.8 billion
I guess there's a little money to be made in the pipe tobacco business.
59-year-old John S. Middleton sold the privately held cigar maker John Middleton Inc. for $2.9 billion in 2007 to Altria Group. The company was started by his family in 1856 as a Philadelphia tobacco shop, and at the time was the world's third-largest cigar maker.
Nowadays, Middleton and his wife Leigh are dedicated to giving back to charities in Philadelphia, including Project HOME, University of Pennsylvania, and the Philadelphia School District.

 

wyfbane

Lifer
Apr 26, 2013
5,117
3,517
Tennessee
Nice story. Good to see them supporting education. I think that should be the focus of more wealthy people.

 

wyfbane

Lifer
Apr 26, 2013
5,117
3,517
Tennessee
I wouldn't sell my son for that, and my lady isn't mine to sell, but aside from those 2 things, yeah anything goes for 2.9 Bil.

 

mephistopheles

Part of the Furniture Now
Oct 14, 2014
545
0
I'll never understand why some people sell profitable family businesses; especially when they've stood the test of time.

 

lucky695

Part of the Furniture Now
Apr 2, 2013
795
143
^^^ummm Money. the love of money is more powerful than family ties... for some.

 
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