Quick Answer: How Much Is The Hershey Family Worth?

Milton S.

Hershey

Net worthapprox.

$10 billion USD

Spouse(s)Catherine “Kitty” Elizabeth Sweeney ( m.

1898; died 1915)

Childrennone
Websitewww.Hersheys.com

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What was Milton Hershey’s net worth when he died?

Milton Hershey died on October 13, 1945 with more than $100 million in net worth at the time of his death. Today, even though he passed away 65 years ago, his company remains earning more than $5.3 billion in revenue per year.

Who currently owns Hershey?

Hershey, Harry Lebkicher and John E. Snyder. The company is majority owner of The Hershey Company and sole private owner of Hershey Entertainment and Resorts Company and administrator of the 2,000 student Milton Hershey School.

Does the Hershey family still own the company?

It was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake, but retains a majority of the voting power within the company. In addition, Hershey is a member of the World Cocoa Foundation.

Who inherited the Hershey fortune?

After Kitty Hershey died in 1915, Hershey donated his entire fortune-$60 million-in a trust to the school.