What is Joseph Grendys' Net Worth?
Joseph Grendys is an American businessman and entrepreneur who has a net worth of $2.5 billion. Joseph Grendys is a self-made billionaire who made his money in the meat processing industry. He graduated from Loyola University in 1984 with a BA in Finance and Marketing. Grendys serves as the Chief Executive Officer and President of Koch Foods, Inc. Koch Foods, Antioch Farms, Preferred Foods, and Rogers Royal slaughter, ship, and sell chicken and bring in $3 billion a year in revenue.
Koch Foods was founded in 1973 as a one room chicken deboning and cutting operation. The company acquired feed mills and slaughterhouses and now has over 14,000 employees. Joseph Grendys joined the company in 1984 and was offered 50% equity by founder Fred Koch. In 1992 Grendys bought out Koch. Grendys currently resides in Chicago, Illinois.