Tito Beveridge Net Worth (Updated 2026).

Tito Beveridge, better known as the founder of the popular energy drink brand, Red Bull, was born in the United States. After graduating from college, he embarked on a journey that would eventually lead him to create one of the most recognized energy drink brands worldwide. Beveridge’s career began in the late 1970s when he started working in the beverage industry, gaining valuable experience and insights into the market.

In the early 1980s, while living in Austria, Beveridge discovered a Thai energy drink called Krating Daeng. Seeing its potential, he decided to bring it to the Western market, but with a twist. He saw an opportunity to create a new product that would cater to the growing demand for energy drinks among young, active consumers. In 1987, Beveridge launched Red Bull in Austria, marking the beginning of his journey to fame.

Tito Beveridge’s Current Net Worth (2025)

As of 2025, Tito Beveridge, the founder of Tito’s Handmade Vodka, has an estimated net worth of $5.6 billion, according to Forbes. This significant wealth is primarily derived from his successful spirits company, which he launched in 1997.

Career

Tito Beveridge, born Bert “Tito” Beveridge IV, began his career as an oil and gas geologist. However, he left the industry to pursue his passion for distilling vodka. He started Tito’s Handmade Vodka in Austin, Texas, using an old pot still and a recipe he developed himself. Today, his company is one of the leading craft spirit brands in the U.S.

Other Ventures

In addition to his vodka business, Beveridge has invested in other ventures. He co-founded Deep Eddy Vodka in 2010, which was later sold to Heaven Hill Brands. He also has a stake in Cuvée Vodka, a premium spirit brand. Furthermore, Beveridge has been involved in real estate investments, including the purchase of the historic Deep Eddy Cabaret building in Austin.

Assets

Beveridge’s assets include Tito’s Handmade Vodka, his majority stake in Cuvée Vodka, and various real estate properties. He also owns a private jet, a luxury car collection, and a 1,500-acre ranch in Texas. His primary residence is a sprawling estate in Austin, valued at over $10 million.

Annual Income

Tito Beveridge’s annual income is primarily derived from the sales of Tito’s Handmade Vodka. In 2021, the company reported sales of over $300 million, with Beveridge owning approximately 80% of the company. This translates to an annual income of around $240 million before taxes and other deductions.

Frequently Asked Questions about  Tito Beveridge

**Frequently Asked Questions: Tito Beveridge Net Worth**

1. What is Tito Beveridge’s net worth?

Tito Beveridge’s net worth is estimated to be $1.5 billion.

2. How did Tito Beveridge make his fortune?

Tito Beveridge, also known as “The Mad Titan,” made his fortune by founding and building the successful beverage company, Tito’s Handmade Vodka.

3. When was Tito’s Handmade Vodka founded?

Tito’s Handmade Vodka was founded in 1997.

4. Where is Tito Beveridge based?

Tito Beveridge is based in Austin, Texas.

5. What is the annual revenue of Tito’s Handmade Vodka?

The annual revenue of Tito’s Handmade Vodka is estimated to be over $250 million.

6. How much vodka does Tito’s Handmade Vodka produce annually?

Tito’s Handmade Vodka produces around 20 million bottles of vodka annually.

7. What is Tito Beveridge’s background?

Tito Beveridge has a degree in geology from the University of Texas at Austin. Before founding his vodka company, he worked as a geologist.

8. Is Tito Beveridge married?

Yes, Tito Beveridge is married to Lisa, and they have two children together.

9. What is Tito Beveridge’s philanthropic work like?

Tito Beveridge is known for his philanthropic efforts, including supporting various charities and causes through the Tito’s Handmade Vodka organization.

10. What is Tito Beveridge’s age?

Tito Beveridge was born on January 15, 1961, making him 61 years old.