Table: Evan Metropoulos’s Personal Information
| Category | Information |
|————–|——————|
| Net Worth | $400 million |
| Salary | Not available |
| Birthdate | Not available |
| Birthplace | Not available |
| Gender | Male |
| Height | Not available |
| Profession | Businessman |
| Nationality | American |
What is Evan Metropoulos’s Net Worth?
Evan Metropoulos, an American businessman and private equity heir, has a net worth estimated at $400 million. He is the son of Greek immigrant and billionaire investor, C. Dean Metropoulos. Evan specializes in operational and marketing strategies, as well as luxury residential real estate development in California and Florida.
Highlights
– Evan Metropoulos has a net worth of $400 million.
– He is the son of Greek immigrant and billionaire investor, C. Dean Metropoulos.
– In 2010, he, along with his father and brother, purchased the Pabst Brewing Company for $250 million.
– The Metropoulos family later sold Pabst Brewing Company to Oasis Beverages for $750 million in 2014.
– Evan Metropoulos specializes in operational and marketing strategies and focuses on luxury residential real estate development in California and Florida.
Early Life
Evan Metropoulos was born to Greek-American billionaire investor Dean Metropoulos and his wife Marianne. He has a brother named Daren. The family fortune was built through his father’s many private equity transactions in the 70s and 80s.
Career
As a private equity scion, Evan Metropoulos helps run the family-owned investment firm Metropoulos & Co. along with his father and brother. The firm, founded in 1993 and based in Greenwich, Connecticut, invests in various sectors such as food and beverage, consumer products, and more. It has been involved in over 80 acquisitions, including well-known brands like Hostess, Aurora Foods, Stella Foods, BlueTriton, Ghirardelli, Morton Salt, and Briggs & Stratton.
In 2010, Metropoulos & Co. made a significant acquisition by purchasing the Pabst Brewing Company for approximately $250 million. Under their ownership, the company experienced a resurgence in popularity globally. Pabst Brewing Company owned the distribution rights to several other beer brands, including Schlitz, Schaefer, and Falstaff. In 2014, the Metropoulos family sold Pabst Brewing Company to entrepreneur Eugene Kashper for around $700 million. The sale was completed in partnership with the private equity firm TSG Consumer Partners.
Personal Life
Evan Metropoulos has been involved in numerous global partnerships as part of his marketing strategies. He has partnered with major celebrities such as David Letterman, Sylvester Stallone, and the Rock. In terms of real estate, Metropoulos previously resided in a full-floor, two-unit penthouse atop the Sierra Towers building in West Hollywood, California. He also owns an estate in Key Biscayne, Florida, and a mansion in the Trousdale Estates area of Beverly Hills, which he purchased for $65 million in 2017.
Net Worth Over Time
Evan Metropoulos’s net worth has reached an impressive $400 million. As part of the Metropoulos family, he has been involved in successful private equity transactions and acquisitions, contributing to the growth of their wealth. With a focus on operational and marketing strategies, as well as luxury real estate development, Metropoulos continues to expand his financial portfolio.
Components of Net Worth
Evan Metropoulos’s net worth of $400 million is primarily derived from his involvement in the family-owned investment firm, Metropoulos & Co. The firm’s investments in various sectors, including food and beverage, have yielded significant returns over the years. Additionally, Metropoulos’s focus on luxury residential real estate development in California and Florida has contributed to his overall net worth. It is important to note that net worth calculations are estimates based on publicly available data and may not include undisclosed assets or liabilities.
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