- Category:
- Richest Business › CEOs
- Net Worth:
- $3.5 Billion
- Profession:
- Businessman
What is John S. Middleton's Net Worth?
John S. Middleton is an American businessman who has a net worth of $3.5 billion. He is probably most famous for being a part owner of the Philadelphia Phillies baseball team.
John S. Middleton graduated from Amherst College in the late '70s. He is an heir to the family that founded the cigar producing business John Middleton, Inc. That company was founded by his family in 1856 and had its origins as a tobacco shop in Philadelphia. By the time Middleton sold the business, it was the world's third biggest manufacturer of cigars. John Middleton, Inc. was sold to the Altria Group, which is a division of Philip Morris, for nearly $3 billion dollars in cash.
(Photo by Gilbert Carrasquillo/Getty Images)
Middleton and his wife, Leigh, are heavily involved in local charitable efforts in Philadelphia. They donated a reported $30 million dollars to Project HOME, about $16 million to Penn Medicine, and another $16 million to the local school districts in Philadelphia. Middleton and his wife won the 2014 Philadelphia Award in honor of their contributions to improving life in Philly through their charitable giving.
