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CBS 60 Minutes segment on Tabasco Sauce and the McIlhenney family..
Posted on 3/16/14 at 6:59 pm
Posted on 3/16/14 at 6:59 pm
Anyone else catch this? Do you think these people are billionaires? The reporter gave an estimate that they have sells of over $200 million each year. The CEO stated he was in the right town, but not the ballpark for a figure. They have to be...
CBS News story
CBS News story
This post was edited on 3/16/14 at 7:04 pm
Posted on 3/16/14 at 7:00 pm to Fishwater
quote:
Do you think these people are billionaires?
I don't think so, but I could be wrong.
Posted on 3/16/14 at 7:04 pm to Fishwater
I don't think any of them are billionaires. But there's probably quite a few multimillionaires in the family.
Posted on 3/16/14 at 7:05 pm to oVo
They have to be billionaires. They have Tabasco at every single place in the country no matter where you go.
Posted on 3/16/14 at 7:06 pm to Fishwater
A billion is a BIG number, but they sell the stuff all over the world. I wouldn't be shocked if sales were that high
Posted on 3/16/14 at 7:08 pm to Fishwater
If they were billionaires wouldn't one of them be listed on Forbes?
Posted on 3/16/14 at 7:08 pm to Fishwater
If you incorporate company stock into their portfolio, then yes there are probably billionaires. It's a "family fortune" and has stayed that way. Most are probably being paid normal corporate salaries depending on position in the company.
Posted on 3/16/14 at 7:09 pm to Alt26
If they ever sold the company they would def be billionaires. Considering it's the same family since it started I would say that the family worth has to be a billion at least
Posted on 3/16/14 at 7:11 pm to hobotiger
Don't they own a lot of land in central/ south America?
Posted on 3/16/14 at 7:12 pm to tgrbaitn08
quote:
If they were billionaires wouldn't one of them be listed on Forbes?
They are a private company who do not release their numbers to the public. All stock holders are family members. Currently a fifth generation is the CEO. They were offered a billion one time, but turned it down according to the story.
Posted on 3/16/14 at 7:13 pm to CP3LSU25
quote:
Tabasco at every single place in the world no matter where you go.
fify
though Crustal seems to be more popular in Asia and the mid east now.
Posted on 3/16/14 at 7:14 pm to Fishwater
Rgr that. I didn't see the story.
I wish I could have.
I wish I could have.
Posted on 3/16/14 at 7:14 pm to Fishwater
Rgr that. I didn't see the story.
I wish I could have.
I wish I could have.
Posted on 3/16/14 at 7:15 pm to CP3LSU25
quote:
They have to be billionaires. They have Tabasco at every single place in the country no matter where you go.
sitting at a cafe in budaphest, hungary...lady takes my order and asks where we are from...after hearing Louisiana, she sets a bottle of tabasco sauce on the table the next trip by...
most places in the world have tabasco sauce...
Posted on 3/16/14 at 7:18 pm to Fishwater
I used to go to their HQ often in a prior job and they were extremely nice but also extremely secretive. As a vendor, getting information out of them was one of the hardest things ever. The island itself is awesome and if you haven't been then you need to go!
This post was edited on 3/16/14 at 7:19 pm
Posted on 3/16/14 at 7:20 pm to Fishwater
CBS wants me to pay $5 just to get the iPad app to read this story...son of a bitch cocksuckers
Posted on 3/16/14 at 7:21 pm to Fishwater
quote:
they have sells of over $200 million each year
Posted on 3/16/14 at 7:22 pm to Fishwater
good friends mom is/was a McIlhenney. their money is spread throughout a lot of family members. more than several multi-millionaires.
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