Christopher Goldsbury net worth
Christopher Goldsbury Net Worth: Christopher Goldsbury is an American businessman with a net worth of $1.4 billion. He is now best known as the CEO of Silver Ventures, an equity firm focused on the food industry. Goldsbury, now a reclusive billionaire, started making his fortune in 1969 when he joined Pace Foods, the maker of Pace Picante Salsa.
He joined the company after two years of marriage to the founder’s daughter, Linda Pace. At first, he worked as a vegetable processor on the assembly line, and later moved into the sales department. He took over as president in 1977, and five years later he and Linda bought the entire business from the family for $14 million. After the couple separated in 1987, Goldsbury managed to buy half of Linda’s for $95 million. In 1994, he sold Pace Foods to Campbell Soup for $1.12 billion. He then founded what is today the private equity firm Silver Ventures. The company’s notable assets include a stake in tomato producer NatureSweet and artisan bread maker Ecce Panis, which he sold to Campbell Soup in 2009 for $65 million. Goldsbury donated a record $35 million to the Culinary Institute of America in 2009. In 2007, it was all about convincing the culinary school to open a campus on the former Pearl Brewery site in San Antonio, which has been owned by his Silver Ventures since 2001. Goldsbury also provided a $20 million scholarship fund, El Sueño, meant to support low-income students in culinary schools. As envisaged by Goldsbury, the site of the former brewery Pearl Park now houses a 1,000-seat music venue, shops, fine dining restaurants, spa and hotel, due to open in summer 2014.
