John S. Middleton Net Worth
John S. Middleton Net Worth: John S. Middleton is an American businessman who has a net worth of $1.8 billion. John S. Middleton graduated from Amherst College in the late '70s. He is of 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 three billion dollars in cash. 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 dollars to Penn Medicine, and another 16 million dollars 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. Middleton owns a stake in the Philadelphia Phillies. As of the fall of 2014, it was reported by "The Star-Ledger" that Middleton holds a 48 percent stake in the franchise and is pushing to become the team's majority owner.
|Net Worth:||$1.8 Billion|