John Middleton

John Middleton

John Middleton (#985)

  • $ 4 B
  • Tobacco
  • United States
  • M
  • 71 Years

About Me

John Middleton made his fortune selling his family's storied tobacco business to Philip Morris' parent, Altria, in 2007 for $2.9 billion in cash. The original business, John Middleton Inc., was founded as a small retail tobacco shop in Philadelphia in 1856 by his great-great-grandfather. The company began manufacturing cigarettes in the 1950s and launched the Black & Mild cigar brand in 1980. Middleton bought out his relatives' stakes in the company in 2003 for about $200 million amid tobacco lawsuits that threatened to harm the business. Middleton has a nearly 50% stake in the Philadelphia Phillies baseball team.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped John Middleton’s rise and global influence.

  • #984   Billionaires (2026)
  • #347   Forbes 400 (2025)

Wealth Growth

Net Worth Growth Over Time

Tracking John Middleton’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $4.3B (May 4, 2026)