American businessman August Busch IV is well-known for serving as the former CEO of the once-family-owned brewing Corporation Anheuser-Busch. August is renowned for his marketing leadership, and the marketing division received eleven accolades while in charge. Before InBev acquired it in 2008, he was the last member of the family to influence the business. Later, he held the position of director for FedEx Shipping.
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 |
August Busch IV Biography
Son of August Busch 111 and Susan Hornibrook, August Busch IV was born in St. Louis, Missouri, on June 15, 1964. In 1860, his great-great-great-grandfather Eberhard Anheuser bought the Anheuser-Busch brewing firm. His father served as the organization’s president and former CEO. When August was five years old, his parents got a divorce, and he moved in with his mother. He only ever saw his father at the brewery, and even then, their interaction was largely business-related. He earned a bachelor’s in finance from Saint Louis University, where he graduated. Later, he graduated from the same university with a master’s in business administration.
August Busch IV Age, Height, And Weight
August Busch IV was born on June 15, 1964; He is 58 years old as of 2022. He stands 5 feet 11 inches tall and weighs 79 kilograms.
Career
After completing his studies, he joined the family business, working his way up from the bottom. In 1989, he transferred to the marketing division and worked on introducing the Bud Dry brand. The product itself wasn’t highly successful, despite a successful debut. In 1994, he was appointed vice president of brand management, a post he maintained for two years before becoming vice president of the marketing division. When he was promoted to vice president of marketing and wholesale operations in 2000, the business began to utilize funnier and more inventive commercials.
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In 2006, August was named the company’s president and CEO. After only eighteen months in office, rumors circulated that InBev planned to acquire the business. The company’s shares were trading at $49.20 in April 2008 when InBev offered $65 per share, which was declined. On July 13, 2008, the company was sold to InBev for $100 million after they rose to $70.
August Busch IV Net Worth
August Busch IV is a renowned marketer and former president and CEO of the Anheuser-Busch brewing corporation. August’s estimated net worth as of July 2022 is $250 million, derived from his positions at the family business Anheuser-Busch. He was the company’s president and CEO and is well-known as a marketer. At $100 million, InBev purchased the business in 2008. This business had been in the family since 1860, and under his direction, it expanded and achieved great success. Even though it was sold in 2008, his effort and participation were highly valued.
August Busch IV Wife, Marriage
August Busch IV has only ever been married once. This union took place in 2006, and Kathryn Thatcher was the bride. The couple’s relationship did not work out, and in November 2008, he filed for divorce. The divorce was finalized in January 2009. They didn’t have any kids together. Busch has a son named August Busch V, although he doesn’t reveal who his mother is. Busch attended the Versuchs und Lehranstalt für Brauerei in his twenties and graduated with a brew master’s degree. In addition, he is a black belt in Judo, Hapkido, and Tae Kwon Do. He has received training to operate both helicopters and aircraft.
He had a history of legal issues, including a car accident when he was 19 that left his passenger dead, a car chase in 1985, and the passing of his girlfriend, Adrienne Nicole Martin. He was allegedly drunk when he attempted to operate a helicopter in 2017, which led to the mishap.
Source: https://biographygist.com/feed/