Pete Coors Net Worth (Updated 2025).

Pete Coors, born into a prominent Colorado family, began his career in the family business, the Coors Brewing Company, in 1963. He started at the bottom, working in the brewery’s packaging department, learning the intricacies of the beer-making process from the ground up.

As he climbed the corporate ladder, Coors’ dedication and hard work did not go unnoticed. In 1982, he was appointed president of the company, a role he held until 1995. During his tenure, Coors expanded the company’s distribution nationally, making it a household name across the United States.

Pete Coors’ Current Net Worth (2025)

As of 2025, Pete Coors’ current net worth is estimated to be around $3.5 billion. This significant wealth is primarily attributed to his substantial stake in the Molson Coors Beverage Company, which he inherited from his father, Joseph Coors.

Career

Pete Coors began his career at the Coors Brewing Company in the 1970s, working his way up from the bottom. He served in various roles, including delivery driver and sales representative, before becoming the company’s president in 1989. He later served as the CEO from 1990 to 2000 and as the chairman of the board until 2005. After the merger with Molson in 2005, Coors served as the vice chairman of Molson Coors Brewing Company until his retirement in 2019.

Other Ventures

In addition to his involvement in the beer industry, Pete Coors has also been involved in various other ventures. He is a co-owner of the Colorado Rockies baseball team, having purchased the team in 1991 with his brother, Jeff. He is also a philanthropist, having established the Coors Foundation, which focuses on supporting education, health, and community development initiatives.

Assets

Pete Coors’ assets include a significant stake in the Molson Coors Beverage Company, as well as real estate holdings, including a ranch in Colorado. He also owns a collection of classic cars, including a 1957 Ferrari 250 GT and a 1936 Delahaye 135MS. Coors’ assets also include his stake in the Colorado Rockies baseball team.

Annual Income

Pete Coors’ annual income is not publicly disclosed. However, as a former CEO and chairman of the board of Molson Coors Brewing Company, it can be assumed that his annual income was substantial. In 2018, the last year for which his compensation was publicly reported, Coors’ total compensation was $4.2 million. This included his salary, bonus, and other compensation.

Frequently Asked Questions about  Pete Coors

**Frequently Asked Questions: Pete Coors Net Worth**

1. **What is Pete Coors’ net worth?**

Pete Coors’ net worth is estimated to be around $5.2 billion.

2. **How did Pete Coors make his fortune?**

Pete Coors is the chairman of the Molson Coors Beverage Company, one of the world’s largest brewers. He inherited his wealth from his father, Joseph Coors, who founded the Coors Brewing Company in 1959.

3. **Is Pete Coors the richest person in Colorado?**

As of the latest estimates, Pete Coors is not the richest person in Colorado. That title goes to Phil Anschutz, with a net worth of around $10.8 billion.

4. **What is Pete Coors’ role in Molson Coors?**

Pete Coors serves as the chairman of the Molson Coors Beverage Company. He has been involved in the company since 1972 and has held various positions, including CEO and president.

5. **Does Pete Coors have any political affiliations?**

Yes, Pete Coors has been involved in politics. He has contributed to various political campaigns, primarily to Republican candidates, and has served as a delegate to the Republican National Convention.

6. **What is the Coors family’s involvement in the beer industry?**

The Coors family has a long history in the beer industry. Pete’s grandfather, Adolf Coors, founded the Coors Brewing Company in 1873. The family has been involved in the company ever since, with Pete and his brother, Joe, currently serving as co-chairmen.

7. **What other businesses is Pete Coors involved in?**

In addition to his role at Molson Coors, Pete Coors is also involved in various other businesses and investments. He serves on the board of several companies and has interests in real estate and other industries.

8. **Does Pete Coors have any philanthropic endeavors?**

Yes, Pete Coors and his family are involved in several philanthropic endeavors. They have established the Coors Foundation, which supports various charitable causes, including education, health, and community development.

9. **What is Pete Coors’ educational background?**

Pete Coors graduated from the University of Denver with a Bachelor of Arts degree in history. He also attended the Stanford Graduate School of Business.

10. **What is Pete Coors’ age and is he married?**

Pete Coors was born on February 15, 1946, making him 76 years old. He is married to Janis Coors, and they have four children together.