August Busch III, born in 1935, was the great-grandson of Adolphus Busch, the co-founder of Anheuser-Busch Companies. Growing up in a family deeply rooted in the beer business, it was no surprise that Busch III would follow in his ancestors’ footsteps. He began his career at the age of 18, working as a laborer in the company’s St. Louis brewery, demonstrating his commitment to learning the business from the ground up.

Busch III’s rise to prominence within the company was steady and deliberate. He spent over two decades climbing the corporate ladder, holding various positions that allowed him to gain a comprehensive understanding of the business. In 1974, he was appointed as the company’s president, and in 1981, he became the CEO, making him the third generation of the Busch family to lead Anheuser-Busch Companies. His leadership, coupled with his family’s legacy, contributed significantly to his fame in the beer industry.

August Busch III’s Current Net Worth (2025)

As of 2025, August Busch III’s current net worth is estimated to be around $14 billion, according to Forbes. This makes him one of the wealthiest individuals in the United States. His fortune is primarily derived from his family’s beer empire, Anheuser-Busch InBev.

Career

August Busch III served as the CEO of Anheuser-Busch Companies from 1974 to 1985. Under his leadership, the company grew significantly, expanding its product offerings and entering new international markets. He also played a crucial role in the company’s merger with InBev in 2008, which created the world’s largest brewery, Anheuser-Busch InBev.

Other Ventures

In addition to his work in the beer industry, August Busch III has also been involved in various other ventures. He is a co-owner of the St. Louis Blues hockey team and has been involved in horse racing, owning several thoroughbreds. He also has interests in real estate and other business ventures.

Assets

August Busch III’s assets include a significant stake in Anheuser-Busch InBev, as well as real estate holdings, including a sprawling estate in St. Louis, Missouri. He also owns a collection of valuable art and other assets. His net worth has allowed him to live a luxurious lifestyle, including owning private jets and yachts.

Annual Income

While August Busch III’s exact annual income is not publicly disclosed, it is estimated that he earns tens of millions of dollars each year from his stake in Anheuser-Busch InBev and his other ventures. His income has likely fluctuated over the years, but his net worth has remained consistently high due to his significant investments and business acumen.

Frequently Asked Questions about  August Busch Iii

August Busch III Net Worth FAQs

1. What is August Busch III’s net worth?

August Busch III’s net worth is estimated to be around $13 billion.

2. How did August Busch III make his money?

August Busch III made his fortune through his family’s beer business, Anheuser-Busch InBev. He served as the CEO of Anheuser-Busch Companies from 1974 until 2002.

3. Is August Busch III related to the Budweiser beer?

Yes, August Busch III is a member of the Busch family, which founded the Anheuser-Busch company, the makers of Budweiser beer.

4. What is August Busch III’s role in Anheuser-Busch InBev?

August Busch III served as the CEO of Anheuser-Busch Companies from 1974 until 2002. After the company merged with InBev in 2008, he served as the non-executive chairman of Anheuser-Busch InBev until 2014.

5. What is August Busch III’s educational background?

August Busch III graduated from the University of Arizona with a Bachelor of Arts degree in 1964. He also attended the Harvard Business School’s Advanced Management Program.

6. What is August Busch III’s political affiliation?

August Busch III is a Republican. He has contributed to various Republican political campaigns and causes.

7. What is August Busch III’s philanthropic work?

August Busch III has been involved in various philanthropic efforts, including supporting the arts, education, and healthcare. He has also contributed to disaster relief efforts, such as Hurricane Katrina relief.

8. What is August Busch III’s relationship with the NFL’s St. Louis Rams?

August Busch III was a part-owner of the St. Louis Rams from 1999 until 2005. He also served as the team’s chairman during that time.

9. What is August Busch III’s relationship with the St. Louis Cardinals?

August Busch III was a part-owner of the St. Louis Cardinals from 1982 until 2002. He also served as the team’s chairman during that time.

10. What is August Busch III’s current involvement in business?

As of 2021, August Busch III is not actively involved in the day-to-day operations of Anheuser-Busch InBev. However, he still serves on the company’s board of directors.