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# 326 Anthony von Mandl $7.25B

Random fact: Chose "Mark Anthony" for company name because of its vaguely familiar ring.


Anthony von Mandl is the founder and chief executive of the Mark Anthony Group, an alcoholic drinks producer and the maker of Mike's Hard Lemonade. The Vancouver-based company distributes wines, spirits and beer and has annual sales of about $4.6 billion. Von Mandl also owns wineries in Canada's Okanagan Valley.

As of :
Last change No change
YTD change +$587M ( +8.8%)
Biggest asset Mark Anthony Group
Country / Region Canada
Age 73
Industry Consumer
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Anthony von Mandl's net worth of $7.25B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of von Mandl's net worth comes from the Mark Anthony Group, a producer, importer and distributor of alcoholic beverages.

Mark Anthony Group's ready-to-drink mixed spirits brands including Mike's Hard Lemonade and MXD Cocktails had revenues of $2.7 billion in 2021, according to a report by market research group IBISWorld. It's White Claw Hard Seltzer had 44% of the $4.4 billion US hard seltzer market in 2021 for sales of about $1.9 billion, according to data provider IRI Worldwide, giving total revenue of $4.6 billion. It's valued using the enterprise value-to-sales multiple of three publicly traded peers: Boston Beer Co, Molson Coors Beverage Co and Heineken NV.

Von Mandl also owns at least six wineries in the Okanagan Valley, a wine-growing region in British Columbia, as well as additional vineyards. The calculation is based on the wineries appraised values, according to local tax records, while an estimated additional 1,000 acres of vineyards are valued at C$300,000 per acre based on a discussion with local real estate professionals Jerry Geen and Elya Byrne in May 2022.

A spokesman for the Mark Anthony Group declined to comment in October 2022.


Family: Unknown, No children

Anthony von Mandl was born in Vancouver, Canada in 1950.

He started a wine-importing business, which later became the Mark Anthony Group, in 1972 after finishing college. In 1981, he bought his first winery in the Okanagan Valley, Canada where he began producing wines as well as ciders. He acquired at least six wineries in the region.

In the 1980s, he bought the rights to import Corona beer into Canada after noticing its popularity in the U.S.

In 1996, he introduced Mike's Hard Lemonade after realizing that many men felt compelled to drink beer even though they didn't like the taste. The product was popular and soon introduced to the U.S. Another of the group's products, White Claw hard seltzer, was introduced in 2016.

  • 1972 Starts Mark Anthony as a wine importing business.
  • 1981 Buys Mission Hill Family Estate winery in Okanagan Valley, Canada.
  • 1996 Introduces Mike's Hard Lemonade.
  • 2016 Introduces White Claw Hard Seltzer.