Busch IV, an American businessman, is best known as the former CEO of the once-family-owned brewing corporation Anheuser-Busch.
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August Busch IV is well-known for his marketing leadership, and the marketing division garnered eleven awards during his tenure. He was the last member of the family to have a say in the company before InBev bought it out in 2008. Later, he became the director of FedEx Shipping.
What is the Net Worth of August Busch IV? Salary, Earnings
August Busch IV is a well-known marketer and the former president and CEO of Anheuser-Busch. August’s net worth is predicted to be $250 million as of April 2023, largely from his roles at the family business Anheuser-Busch. He was the company’s president and CEO, as well as a well-known marketer.
InBev paid $100 million for the company in 2008. This company had been in the family since 1860, and it had grown and prospered under his leadership. Even though it was sold in 2008, his efforts and participation were greatly appreciated.
Where was August Busch IV born? Ethnicity, Nationality, Family, Education
August Busch IV was born on June 15, 1964, in St. Louis, Missouri, to August Busch 111 and Susan Hornibrook. His great-great-great-grandfather, Eberhard Anheuser, purchased the Anheuser-Busch brewing company in 1860. His father was the organization’s former president and CEO.
August’s parents divorced when he was five years old, and he moved in with his mother. He only ever saw his father at the brewery, and their connection was mostly about business. August Busch IV graduated with a bachelor’s degree in finance from Saint Louis University. He then earned a master’s degree in business administration from the same university.
Quick Facts
Celebrated Name: | August Busch IV |
Real Name/Full Name: | August Adolphus Busch IV |
Gender: | Male |
Age: | 58 years old |
Birth Date: | June 15, 1964 |
Birth Place: | St. Louis, Missouri, U.S.A. |
Nationality: | American |
Height: | 5ft 11 inches |
Weight: | 79kg |
Sexual Orientation: | Straight |
Marital Status: | Divorced |
Wife/Spouse (Name): | Kathryn Thatcher (m. 2006; Div 2009) |
Children/Kids (Son and Daughter): | Yes 1 (August Busch V) |
Dating/Girlfriend (Name): | N/A |
Is August Busch IV Gay?: | No |
Profession: | Businessman |
Salary: | N/A |
Net Worth in 2022: | $250 million |
Is August Busch IV Married? Relationship
August Busch IV has only had one marriage. Kathryn Thatcher was the bride in this marriage, which took place in 2006. The couple’s relationship did not work out, and he filed for divorce in November 2008. In January 2009, the divorce was finalized.
They didn’t have any children. Busch has a son named August Busch V, although he does not identify the identity of his mother.
In his twenties, Busch attended the Versuchs und Lehranstalt für Brauerei and graduated with a brew master’s degree. He also holds black belts in Judo, Hapkido, and Tae Kwon Do. August Busch IV has been trained to fly both helicopters and planes.
He had a history of legal problems, including a fatal vehicle accident when he was 19, a car pursuit in 1985, and the death of his girlfriend, Adrienne Nicole Martin. He was inebriated when he attempted to fly a helicopter in 2017, which resulted in the accident.
How tall is August Busch IV? Weight, Hair Color
August Busch IV was born on June 15, 1964, and will be 58 in 2022. He stands 5’11” tall and weighs 79 pounds.
How did August Busch IV start his Professional Career?
He joined the family firm after finishing his studies, working his way up from the bottom. He was reassigned to the marketing division in 1989 and worked on the introduction of the Bud Dry brand. Despite a successful introduction, the product itself was not a huge success.
He was named vice president of brand management in 1994, a position he held for two years before becoming vice president of the marketing division. When he was elevated to vice president of marketing and wholesale operations in 2000, the company began to use more creative and humorous advertising.
August was appointed president and CEO of the corporation in 2006. After barely eighteen months in office, speculations spread that InBev intended to buy the company.
In April 2008, the company’s shares were trading at $49.20 when InBev made an offer of $65 a share, which was denied. After the stock reached $70 on July 13, 2008, the company was sold to InBev for $100 million.
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