- Robert E. Rich, Sr.
Robert E. Rich Sr. (
Buffalo, New York ,July 7 ,1913 –February 15 ,2006 inPalm Beach, Florida ) was a food-processing pioneer who, in 1945, invented the firstnon-dairy whipped topping made fromsoybeans that could be frozen. He foundedRich Products Corporation which had sales of $2.5 billion on more than 2,300 products in 2005, the year before he died at age 92. His son, Robert Rich Jr. inheritedRich Products Corporation and is the owner of theBuffalo Bisons baseball team.Rich attended Bennett High School in Buffalo, where his father owned an ice cream plant. He received his undergraduate education from the University at Buffalo, where he was captain of both football and wrestling. He was later was inducted into the
University at Buffalo, The State University of New York Athletic Hall of Fame.After borrowing money from his father, he started the Wilbur Dairy Company (later renamed the Jones-Rich Milk Company) in 1935. The success of his cream substitute brought a series of lawsuits from the dairy industry in an effort to stop distribution of his product. Rich prevailed in every case. At his death, he was one of the wealthiest people in the world, reportedly worth $2 billion, and his company was the largest family owned food products company in America.
Sources and External Links
*http://www.richs.com/roberterich/roberterich.html
*http://richs.com/about/rer.asp
*http://www.wealthiest1000.com/people/RobertERich.htm
*http://www.buffalosportshallfame.com/Class_of_1991/Robert_Rich__Sr_/robert_rich__sr_.html
*http://www.wgrz.com/news/news_article.aspx?storyid=35436
*http://www.buffaloathome.com/Sports/Sports.aspx?link=6735
*http://www.hbs.edu/leadership/database/leaders/754/
*http://www.nytimes.com/2006/02/17/business/17richOBT.html
*http://www.economist.com/displaystory.cfm?story_id=5545266
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