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Rank #602
UNITED STATES•Food & Beverage•Frozen foods

Robert Rich Jr

Net Worth
$6.539B
0% (24h)
Robert Rich Jr. is an American billionaire businessman, philanthropist, and author, most recognized as the Senior Chairman and majority owner of Rich Products Corporation, a global leader in frozen food manufacturing. Born in 1941, Rich earned an MBA from the University of Rochester's Simon School of Business. He joined his family's business in 1964 and became President in 1978. Rich Products has grown to generate billions in annual sales. Beyond business, Rich is an active philanthropist, supporting various charitable initiatives. His estimated net worth as of March 2026 is $6.5 billion, a testament to his successful career and strategic leadership.

How to read Robert Rich Jr'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 Robert Rich Jr, we anchor the narrative to Frozen foods and Frozen foods, 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 $6.539B alongside global rank #602, 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

Robert E. Rich Jr., also known as Bob Rich, was born on January 25, 1941, in Buffalo, New York. He is the son of Robert E. Rich Sr., the founder of Rich Products Corporation. He graduated from Williams College with a bachelor's degree in 1963 and earned an MBA with honors from the Simon Business School of the University of Rochester in 1969.

Rise to Success

Rich joined the family business in 1964, starting as president of Rich Products of Canada, Ltd. He became vice president of sales and marketing before becoming the President of Rich Products in 1978. He was named Chairman in 2006 and Senior Chairman in 2022. Under his leadership, Rich Products has expanded to generate over $5.8 billion in annual revenue.

Key Business Strategies

Rich's leadership has focused on innovation and strategic acquisitions, contributing to Rich Products' growth. The company pioneered non-dairy whipped topping and introduced many other frozen food products. Rich has expanded the company's product line and has made key acquisitions.

Philanthropy

Robert Rich Jr. is a dedicated philanthropist who has contributed to various causes. He has co-founded initiatives like Western New York United Against Drug and Alcohol Abuse. He also served as the chairman of the Cleveland Clinic from 2011 to 2019, leading a fundraising effort to support the institution's growth. Rich has also supported the University at Buffalo and the Buffalo Bisons baseball team.

Career Timeline

2022

Senior Chairman of Rich Products

Assumed the role of Senior Chairman.

2006

Chairman of Rich Products

Became Chairman of Rich Products Corporation.

1978

President of Rich Products

Became President of Rich Products Corporation.

1964

Joined Rich Products

Became president of the Canadian subsidiary.

Philanthropic Impact

Social CausesUndisclosed

Western New York United Against Drug and Alcohol Abuse

Co-founded the initiative

Healthcare$1.25B

Cleveland Clinic Fundraising

Led a major fundraising effort to support clinical programs, research, and capital projects.

Key Business Ventures & Holdings

CompanyStakeValue
Rich Products Corporation75.00%$6.5M

Net Worth History

In-Depth Analysis

Early Life

Robert E. Rich Jr., also known as Bob Rich, was born on January 25, 1941, in Buffalo, New York. He is the son of Robert E. Rich Sr., the founder of Rich Products Corporation. He graduated from Williams College with a bachelor's degree in 1963 and earned an MBA with honors from the Simon Business School of the University of Rochester in 1969.

Rise to Success

Rich joined the family business in 1964, starting as president of Rich Products of Canada, Ltd. He became vice president of sales and marketing before becoming the President of Rich Products in 1978. He was named Chairman in 2006 and Senior Chairman in 2022. Under his leadership, Rich Products has expanded to generate over $5.8 billion in annual revenue.

Key Business Strategies

Rich's leadership has focused on innovation and strategic acquisitions, contributing to Rich Products' growth. The company pioneered non-dairy whipped topping and introduced many other frozen food products. Rich has expanded the company's product line and has made key acquisitions.

Philanthropy

Robert Rich Jr. is a dedicated philanthropist who has contributed to various causes. He has co-founded initiatives like Western New York United Against Drug and Alcohol Abuse. He also served as the chairman of the Cleveland Clinic from 2011 to 2019, leading a fundraising effort to support the institution's growth. Rich has also supported the University at Buffalo and the Buffalo Bisons baseball team.

Data Sources & Methodology

Figures for Robert Rich Jr 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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