With brother (and fellow billionaire) Christopher, lords over Reyes Holdings, $12.5 billion (sales) food and beer distribution conglomerate....
With brother (and fellow billionaire) Christopher, lords over Reyes Holdings, $12.5 billion (sales) food and beer distribution conglomerate. Purchased small South Carolina beer distributor for $740,000 in 1976. Bought Chicago Beverage Systems three years later. Now the largest beer distributor in the U.S., delivering 80 million cases a year. Also own McDonald's largest U.S. supplier, Martin-Brower, acquired in 1998; today the outfit delivers burgers and fries to all Canadian McDonalds and thousands of locations in the U.S. McDonald's Supplier of the Year in 2009. Chris and Jude are co-chairmen; brother David runs beer outfit, brother James commands real estate. Trustee of Northwestern University; sits on various boards, including NorthShore University HealthSystem, and the Rehabilitation Institute of Chicago. Reportedly purchased oceanfront Kiawah Island home for $14 million last summer. In 2015, Reyes Holdings sold property it owned in Hialeah for nearly $11 million. In Sept 2017, he & wife Lori Welch Reyes paid $28 million for the six-bedroom, 8,933-sq ft mansion on Turtle Beach Road, North Palm Beach, FL. "So private that he makes big brother Christopher look like an oversharer, Jude is, according to Crain’s, “Mr. Inside, concentrating on financial issues” for their distributorship. Raised in a large Hispanic-Irish family in Maryland"