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RE: LeoThread 2023-10-09 11:47

in LeoFinance • last year

🧵 1. Behind Buffalo Trace distillery, 18 red metal rickhouses hold 58,000 barrels of pricey bourbon like Pappy Van Winkle and George T. Stagg. #business

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🧵 3. Sazerac dominates the spirits market with 14% volume share in the US, owning 500 brands and 12 distilleries worldwide, including Fireball.

🧵 2. Sazerac Company's 3 million barrels of bourbon will retail for over $9 billion. Chairman William Goldring is worth $6 billion, per Forbes.

🧵 5. Bill Goldring's success with Sazerac comes from blending super-premium brands with high-volume sales, making $3 billion in revenue. Impressive growth fueled by Fireball.

🧵 4. Fireball, made with cheaper Canadian whiskey and cinnamon flavor, sold 7.8 million cases last year, closing in on Jim Beam's sales.

for a moment I thought it’s buffalo from nfl 😀