How much is the Fanjul family worth?

How much is the Fanjul family worth?

Alfonso “Alfy” Fanjul Jr. (born 1937) is an American billionaire businessman, and the eldest of the Fanjul brothers, who control a sugar and real estate business valued at US$8.2 billion.

Who owns Fanjul Corp?

Alfonso Fanjul
Alfonso Fanjul serves as chairman of the board and CEO of both Fanjul Corp. and Florida Crystals, which farms 190,000 acres in Palm Beach County.

How much are the Fanjul brothers worth?

While the brothers and their three siblings share a fortune that the Bloomberg Billionaires Index values at $8.2 billion, the exact split among them is unknown.

Who is Andres Fanjul?

Vice President Andres A. Fanjul, of J.P. Morgan Private Bank, specializes in financial solutions for high net worth clients by uniting the comprehensive capabilities of a leading global financial institution with the one-on-one attention of a boutique firm.

Who owns the sugar cane fields in Florida?

U.S. Sugar Corporation is a privately owned agricultural business based in Clewiston, Florida. The company farms over 230,000 acres of land in the counties of Hendry, Glades, Martin and Palm Beach….U.S. Sugar.

Headquarters of U.S. Sugar in Clewiston, Florida
Type Privately held corporation
Headquarters Clewiston, Florida

How many acres does Florida Crystals own?

190,000 acres
In South Florida, we farm 190,000 acres, almost exclusively in Palm Beach County, where we also own two sugar mills, a sugar refinery, a packaging and distribution center, a rice mill and the largest biomass renewable power plant in North America.

What is the largest sugar company in the United States?

U.S. Sugar Corporation is a privately owned agricultural business based in Clewiston, Florida. The company farms over 230,000 acres of land in the counties of Hendry, Glades, Martin and Palm Beach. It is the largest producer of sugar cane in the United States by volume, producing over 700,000 tonnes per year.

Who is the largest supplier of sugar?

In the 2019/20 crop year the world produced 161.9m tonnes of sugar; here are the top 10 contributors to that total:

  1. Brazil. The number 1 spot goes to the country that has historically been the world’s largest producer of sugarcane.
  2. India.
  3. Europe.
  4. China.
  5. Thailand.
  6. Russia.
  7. The USA.
  8. Mexico.

Who owns the sugar company in Florida?

ASR Group: Global Cane Sugar Refining The company, now known as ASR Group International, Inc., continued to grow and, today, owns and operates nine sugar refineries and two sugar mills in seven countries across the globe.

Who owns US Sugar in Florida?

Their main sugar holding company is American Sugar Refining, Inc. (ASR), which is a partnership between the Fanjul family’s Florida Crystals and the Sugar Cane Growers Cooperative of Florida. American Sugar Refining controls refineries by ownership or shareholder status in four states and six countries.

What family owns Domino sugar?

The Fanjul brothers—Cuban born Alfonso “Alfy” Fanjul Jr., José “Pepe” Fanjul, Alexander Fanjul, and Andres Fanjul—are owners of Fanjul Corp., a vast sugar and real estate conglomerate in the United States and the Dominican Republic.

Does U.S. Sugar own Florida Crystals?

American Sugar Refining controls refineries by ownership or shareholder status in four states and six countries. The company’s American brands include Domino, Florida Crystals, Redpath, Tate & Lyle, and C&H.

Who controls the sugar market?

One of the program’s main purposes is to ensure minimum price levels for sugar that are typically significantly higher than those found on international markets, leading to higher costs for U.S. consumers. As a result, the federal government is, in essence, the leader of a nationwide sugar cartel.

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