Milton Hershey Net Worth (Updated 2025).
Milton Hershey, born in 1857, started his career at the age of 14 as an apprentice to a confectioner in Lancaster, Pennsylvania. He learned the art of candy making and, after several years, decided to venture out on his own, opening his first candy shop in 1876.
His initial attempts at business were not successful, but Hershey was undeterred. In 1886, he moved to New York City and opened another candy shop, which also closed due to financial struggles. However, Hershey’s determination never wavered. In 1893, he returned to Lancaster and established the Lancaster Caramel Company, which would eventually become the foundation of his future success.
**Milton Hershey’s Current Net Worth (2025)**
As of 2025, Milton Hershey’s net worth is estimated to be around $20 billion. This figure is based on the latest available information and takes into account his stake in The Hershey Company, his philanthropic endeavors, and other assets.
**Career**
Milton Hershey’s career began in 1876 when he started his first candy business, the Lancaster Caramel Company. After selling this company in 1886, he founded the Hershey Chocolate Company in 1894. He later merged this company with other chocolate manufacturers to form The Hershey Company in 1927.
**Other Ventures**
Besides his chocolate empire, Milton Hershey was also involved in other ventures. He established the town of Hershey, Pennsylvania, in 1905, which included a school, a hotel, and a stadium. He also founded the Milton Hershey School, a private boarding school for orphaned and needy children.
**Assets**
Milton Hershey’s assets include his majority stake in The Hershey Company, real estate in Hershey, Pennsylvania, and art collections. His share in The Hershey Company is estimated to be around 80%, which is one of his most significant assets.
**Annual Income**
Milton Hershey’s annual income is primarily derived from his stake in The Hershey Company. As of 2025, his estimated annual income is around $500 million. This figure is based on the company’s annual revenue and his share in it.
Table Of Contents
- Milton Hershey Net Worth FAQs
- 1. What is Milton Hershey’s net worth?
- 2. How did Milton Hershey make his fortune?
- 3. When was Milton Hershey born?
- 4. Where was Milton Hershey born?
- 5. What was Milton Hershey’s first job?
- 6. When did Milton Hershey found the Hershey Chocolate Company?
- 7. What was Milton Hershey’s philanthropic work?
- 8. When did Milton Hershey pass away?
- 9. What was the cause of Milton Hershey’s death?
- 10. Where is Milton Hershey buried?
Frequently Asked Questions about Milton Hershey
Milton Hershey Net Worth FAQs
1. What is Milton Hershey’s net worth?
Milton Hershey’s net worth is estimated to be around $10 billion.
2. How did Milton Hershey make his fortune?
Milton Hershey made his fortune by founding the Hershey Chocolate Company. He also established the town of Hershey, Pennsylvania, which is home to the company’s headquarters and the Hersheypark amusement park.
3. When was Milton Hershey born?
Milton Hershey was born on September 13, 1857.
4. Where was Milton Hershey born?
Milton Hershey was born in Derry Township, Pennsylvania.
5. What was Milton Hershey’s first job?
Milton Hershey’s first job was as an apprentice to a confectioner in Lancaster, Pennsylvania, at the age of 14.
6. When did Milton Hershey found the Hershey Chocolate Company?
Milton Hershey founded the Hershey Chocolate Company in 1894.
7. What was Milton Hershey’s philanthropic work?
Milton Hershey was a philanthropist who established the Milton Hershey School, a private boarding school for underprivileged children, and the Hershey Trust Company, which manages the school’s endowment and other charitable activities.
8. When did Milton Hershey pass away?
Milton Hershey passed away on October 13, 1945.
9. What was the cause of Milton Hershey’s death?
The cause of Milton Hershey’s death was a heart attack.
10. Where is Milton Hershey buried?
Milton Hershey is buried in the West Hill Cemetery in Derry Township, Pennsylvania.
