NetWorth
LeaderPortfolio
Beveridge
B
Rank #857
UNITED STATES•Food & Beverage•Vodka

Bert Beveridge

Net Worth
$4.894B
0% (24h)
Bert "Tito" Beveridge, founder of Tito's Handmade Vodka, has built a billion-dollar empire in the spirits industry. With an estimated net worth of $5.5 billion, Beveridge's wealth stems from his ownership of Tito's, one of the fastest-growing vodka brands in the United States. His career began in the oil and gas industry after graduating from the University of Texas at Austin with degrees in geology and geophysics. In 1997, he founded Fifth Generation, Inc. and the Mockingbird Distillery, borrowing $90,000 using 19 credit cards to start his business. Tito's success is marked by its quality, small-batch production, and significant philanthropic efforts.

How to read Bert Beveridge's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Bert Beveridge, we anchor the narrative to Vodka and Vodka, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $4.894B alongside global rank #857, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Born Burt Butler Beveridge II in San Antonio, Texas, Bert “Tito” Beveridge had an unconventional path to becoming a billionaire. He grew up with a childhood nickname, Tito. After graduating from the University of Texas at Austin with degrees in geology and geophysics, Beveridge initially pursued a career in the oil and gas industry. He worked in various roles, including heading a seismic dynamite crew in Venezuela. His early life was far from the spirits industry that would later make him famous.

Rise to Success

Beveridge's entrepreneurial journey began in the early 1990s when he started making flavored vodkas as gifts for friends. In 1997, he founded Fifth Generation, Inc., and the Mockingbird Distillery. Facing challenges, he borrowed $90,000 using 19 credit cards to launch Tito's Handmade Vodka. The company's breakthrough came in 2001 when Tito's won a double gold medal at the San Francisco World Spirits Competition, beating out established brands. The business expanded, and in 2024, Tito's was estimated to have sold over 12 million cases of vodka.

Key Business Strategies

Tito's success is rooted in several key strategies. The vodka is crafted using a traditional pot-still method, distinguishing it from mass-produced vodkas. The use of corn as the base ingredient also makes it naturally gluten-free. From the beginning, Tito's has focused on giving back to the community. The company's philanthropic initiative, “Love, Tito's,” supports numerous charitable organizations. Beveridge retains 100% ownership of Fifth Generation, Inc., the parent company of Tito's Handmade Vodka.

Philanthropy

Tito's Handmade Vodka has a strong commitment to philanthropy, particularly through its “Love, Tito's” initiative. The company donates the net proceeds from its online store to nonprofits. It supports a wide range of causes, including disaster relief, animal welfare, veteran support, and environmental conservation. The company has contributed more than $150 million to over 20,000 nonprofit organizations across the U.S. and worldwide in the past five years. In 2024, Bert Beveridge received the Ray Herrmann H.E.R.O. Award for his philanthropic work.

Career Timeline

2017

Made Forbes 400 List

Beveridge was named on The Forbes 400 list.

2001

Won Double Gold Medal

Tito's Handmade Vodka won the Double Gold Medal at the San Francisco World Spirits Competition.

1997

Founded Tito's Handmade Vodka

Established the first legal distillery in Texas since Prohibition.

Philanthropic Impact

PhilanthropyN/A

Love, Tito's

Supports charitable organizations, focusing on disaster relief, animal welfare, and veteran support.

Education$40K

Robert Qualls Scholarship Fund

Awarded $20,000 and matched it with an additional $20,000 gift.

Education$20M

University of Texas at Austin

Committed a leadership gift to the University to enhance the experiences of student-athletes.

Key Business Ventures & Holdings

CompanyStakeValue
Tito's Handmade Vodka100.00%—

Net Worth History

In-Depth Analysis

Early Life

Born Burt Butler Beveridge II in San Antonio, Texas, Bert “Tito” Beveridge had an unconventional path to becoming a billionaire. He grew up with a childhood nickname, Tito. After graduating from the University of Texas at Austin with degrees in geology and geophysics, Beveridge initially pursued a career in the oil and gas industry. He worked in various roles, including heading a seismic dynamite crew in Venezuela. His early life was far from the spirits industry that would later make him famous.

Rise to Success

Beveridge's entrepreneurial journey began in the early 1990s when he started making flavored vodkas as gifts for friends. In 1997, he founded Fifth Generation, Inc., and the Mockingbird Distillery. Facing challenges, he borrowed $90,000 using 19 credit cards to launch Tito's Handmade Vodka. The company's breakthrough came in 2001 when Tito's won a double gold medal at the San Francisco World Spirits Competition, beating out established brands. The business expanded, and in 2024, Tito's was estimated to have sold over 12 million cases of vodka.

Key Business Strategies

Tito's success is rooted in several key strategies. The vodka is crafted using a traditional pot-still method, distinguishing it from mass-produced vodkas. The use of corn as the base ingredient also makes it naturally gluten-free. From the beginning, Tito's has focused on giving back to the community. The company's philanthropic initiative, “Love, Tito's,” supports numerous charitable organizations. Beveridge retains 100% ownership of Fifth Generation, Inc., the parent company of Tito's Handmade Vodka.

Philanthropy

Tito's Handmade Vodka has a strong commitment to philanthropy, particularly through its “Love, Tito's” initiative. The company donates the net proceeds from its online store to nonprofits. It supports a wide range of causes, including disaster relief, animal welfare, veteran support, and environmental conservation. The company has contributed more than $150 million to over 20,000 nonprofit organizations across the U.S. and worldwide in the past five years. In 2024, Bert Beveridge received the Ray Herrmann H.E.R.O. Award for his philanthropic work.

Data Sources & Methodology

Figures for Bert Beveridge are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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