Company News

What C-Store Retailers Are Worth More Than the Kennedys?

Convenience retailers, suppliers populate Forbes' list of America's Richest Families

NEW YORK -- The Walton family of Wal-Mart fame still tops the list of America's richest families. And the top 10 contains the Koch, Heart, Pritzker, S.C. Johnson and other well-known families. But the convenience-store industry has long been a family affair, and several prominent clans have achieved the level of wealth to land them on Forbes magazine's list of America's Richest Families for 2015.

Kennedy family

The Haslam family, which owns the Pilot Flying J truckstop chain, leads the industry at No. 49 with a net worth of $6 billion.  The Haseotes family, which owns the Cumberland Farms convenience stores, is next at No. 73 with $3.9 billion. Third is the Sheetz family at No. 134 with $1.9 billion.

Then for a three-way tie at No. 179, the Bolch family, which owns RaceTrac; the Cadieux family, which owns QuikTrip; and the Wood family, which owns Wawa, all have a net worth of $1.3 billion.

Convenience-store families on the list include:

49. Haslam family (Pilot Flying J)

73. Haseotes family (Cumberland Farms)

134. Sheetz family (Sheetz)

179 (tied). Bolch family (RaceTrac)

179 (tied). Cadieux family (QuikTrip)

179 (tied). Wood family (Wawa)

Other convenience-store industry-related notables on the list include:

3. Mars family (candy)

17. Dorrance family (Campbell Soup; food, snacks)

18. Busch family (beer)

28. Reyes family (beverages, food distribution)

71. Coors family (beer)

83. Tyson family (foodservice)

139. Merage family (Hot Pockets; snacks)

163. McKee family (Little Debbie; snacks)

193 (tied). (Ellen) Gordon family (Tootsie Rolls; candy)

193 (tied). Ward family (Russell Stover; candy)

The list also contains many families in the broader retailing, oil, supermarket, liquor and foodservice channels.

The Kennedys, by the way, are at No. 193, with a net worth of $1.2 billion.

Click here to view the complete list.

Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Related Content


More from our partners