[6] The company's sales in 2007 were US$5.5 billion, up from $4.9 billion in 2006. But a reorganization doesnt mean those different cultures are assimilated overnight. "I was the one who told them, 'It won't jeopardize your jobs,' " he said ruefully during an interview in his San Juan home last week. This is our story: over 150 years of never giving up. The battle cry of the Cuban soldiers Por Cuba libre! (For a Free Cuba) is used as a toast and eventually christens the drink! This is our story: over 150 years of never giving up. The company Facundo Bacardi launched in Cuba in 1862 brought worldwide fame to the island, and in the decades that followed his Bacardi descendants participated in every aspect of Cuban life. is anything else your are looking? Over the years he became known as "Don Facundo," owing to his serious, Don-like manner. . Number 8860726. Don Facundo Bacardi Masso was born on October 14th, 1814 in Barcelona, Spain as the son of a bricklayer. The billionaire enjoys a life of luxury in Monaco, where she has lived for the last 20 years. Facundo Bacardi y Masso emigrates from Spain to Santiago de Cuba. Patrice Louvet is group president of global grooming at Procter & Gamble. Facundo Bacardi y Moreau married Maria Ernestina Gaillard y Darrigol and had 6 children. We encourage you to research and . A limited edition $2000-a-bottle BACARD rum is crafted by eight Bacard family master blenders. Registered in England and Wales. With over 30 billion records and 100 million family trees to search, Ancestry is one of the key websites to visit to help you trace your family tree back in time. Theres the lightest BACARD Carta Blanca Rum, which is soon known as a sophisticated and astonishingly easy to drink spirit. With the return of live music and live events, were excited to share our refreshing cocktails and incredible music safely together again. Not all of the rapidly growing family worked for the Bacardi companies, which eventually numbered more than 20 worldwide. Facundo L. Bacardi, the great-great-grandson of Bacardi Ltd.founder, Don Facundo Bacardi Masso, has served as chairman of the board of Bacardi Ltd. since 2005. "We have been extremely successful. He kept virtually the entire organization in his head, not on paper -- one of the reasons, Bacardis joke, that the structure is so complex today. Facundo Luis Bacardi Facundo I Bacardi: Addresses: 12050 Moss Ranch Rd, Pinecrest, FL 33156 11103 SW 79th Ave, Pinecrest, FL 33156 7705 SW 110th St, A: It wasn't really something I thought about until my grandfather passed away (when Facundo Bacardi was 16). wife Laura Bacard y Gaillard daughter Private child Facundo Ernesto Bacard y Gaillard son Luis J. Bacardi son Private child Facundo Bacardi father Lucia "Amalia" Victoria Moreau y. mother 4. (Editing by Beth Pinsker and Dan Grebler), https://www.wealthmanagement.com/sites/wealthmanagement.com/files/logos/Wealth-Management-Logo-white.png. Up until this point, he was not an expert in spirits he was self-taught and learnt as he went making his achievements all the more impressive. Bacardi is now the biggest international spirit brand, sold in more than 170 countries and the company, which is still controlled by the Bacardi family, is the fifth largest liquor company in the world. The bat has remained on nearly every label of every product carrying the Bacard family name since your brilliant idea in 1862. I can understand that the Cuban government doesnt want to run the risk of a revolution, so theyre implementing these changes in piecemeal fashion over a period of time. Bacardi Limited is headquartered in Hamilton, Bermuda, and has a 16-member board of directors led by the original founder's great-great grandson, Facundo L. Bacard. Yum! Founded in 1862, and family-owned for seven generations, Bacardi employs 6,000 people, manufactures at 27 facilities in 16 markets on four continents, with sales in more than 150 countries. Many members of this group, some Bacardis speculate, are likely to follow the advice of the family's most senior member, Bacardi Imports Chairman Edwin H. Nielsen. He told a reporter that he has a firm policy of not doing interviews on the telephone. View Site Son of Facundo Bacardi and Amalia Lucia Victoria Moreau y Grandchamp In 1979, del Valle, a Puerto Rican businessman who was on the board of directors, was asked to become president. All three of them embedded in me something that I still remember to this day: You've got to work hard. But the companies remained the lifeblood of the family, the beacon unifying the evermore scattered relatives. In 1986, Bacardi sold 265,000 cases more than its closest competitor, Smirnoff's vodka, according to figures compiled by industry analyst John C. Maxwell. Write by: . As for El Coco, the legendary palm tree withstands a distillery fire, five earthquakes, and countless hurricanes and so represents our spirit of never giving up. Even so, the company went ahead with the buyout, at a cost of $41 million in corporate funds, according to the company proxy statement. Nor would he sell his own shares. But while they were all wonderful, they came from companies that were 10 times bigger than ours, with completely different operating methods. Facundo L. Bacardi has been Chairman of the Board of Bacardi Limited since 2005 and a director since 1993. CHAPTER 6: OVER 150 YEARS OF BRINGING PEOPLE TOGETHER When I was young, I wanted to be a lawyer, he said. Founded in Cuba in 1862 and family-owned for seven generations, Bacardi Limited employs more than 8,000 people with sales in approximately 170 . When youre a family member and the CEOin charge of the day-to-day operations of a company like oursyou function in a very different way from that of a non-family chief executive. Originally known for its eponymous Bacardi white rum, it now has a portfolio of more than 200 brands and labels. There were some diversification flops, particularly in the electronics and financial investment areas, but the public company remained solid. 2023 BACARD, ITS TRADE DRESS AND THE BAT DEVICE ARE TRADEMARKS OF BACARDI & COMPANY LIMITED. The dispute could culminate Thursday at a stockholders' meeting in Florida, where the proposal that initiated the family struggle is to be debated and voted upon. The dissidents emphasize their struggle is not for control of the Bacardi empire. The idea was to reduce the number of stockholders to below 300, which would let the company free itself from Securities and Exchange Commission regulation. At the meeting, according to some of those present, O'Brien, the attorney, went to the microphone when the reverse stock split came up on the agenda. The family fled Cuba for South Florida, Puerto Rico and the Bahamas after Fidel Castro seized Bacardi's Cuban properties in October 1960 -- hence, the complex and scattered corporate structure . The Bacardi family legacy started more than 150 years ago in Santiago de Cuba with family patriarch, Don Facundo Bacard Mass, who created the first mixable rum - what the world now knows today as BACARD - and pioneered cocktail culture, which emerged in more than 170 markets globally to become the largest privately held spirits company in 4. The legendary middle linebacker shares his go-to smoke. "I have absolutely no comment to make," Cutillas said. Its something beyond that, and something far bigger than any one family member. A Coca-Cola spokesman said the company has a policy of not commenting on "rumors of acquisitions, divestitures or mergers, and that applies in this case." "We have really believed in the sanctity of the family and loyalty to our forefathers," said one Bacardi who asked not to be identified further. Thanks to his generous hospitality, he helps to make sure the Bacard name becomes synonymous not only with integrity as a rum but a generous love for life. Its a celebration of the success of BACARD Rum as a brand but also the irrepressible spirit of our family that has seen us overcome countless obstacles since those early days in Cuba. Comas Bacardi opposed the proposal, and told O'Hara and del Valle his feelings. bacardi owner net worth. O'Hara assumed the position of chairman. . After much persuasion and encouragement from you, your friends and the local rum fans in Santiago, Don Facundo buys a small tin-roofed distillery in Santiago de Cuba. They had one son: Luis Facundo Bacardi. Connect to 5,000+ Bacard y Moreau profiles on Geni, Facundo (Facund ) Bacardi Masso, Lucia \'Amalia\' Victoria Bacardi (born Moreau), Emilio Bacardi, Jos Bacard Moreau, Amalia Schueg y Chassin (born Bacardi Moreau), Caridad (Cachita) Bacardi (born Rosell Rosende), Ana Maria Rafaela Bacardi Rosell, Daniel Bacardi Rosell, June 14 1926 - Allenhurst, Monmouth, New Jersey, United States, Facund Emanuel Anton Bacard i Mas, Amalia Lucia Victoria Bacard i Mas (born Moreau y Grandchamp), Ernestina Bacardi y Moreau Darrigol (born Gaillard), ecourt Gaillard (born Bacardi), Luis Juan Bacardi Gaillard, Facundo Bacardi Galiard, Maria Ernestina Gomez del Campo Gaillard (born Bacardi), rdi Moreau, Juan Bacardi Moreau, Maa Magdalena Marina Bacardi Moreau, Jose Pepe Bacardi Moreau, Amalia Lucia Schueg Moreau (born Bacardi), Facundo Bacard Mass, Amalia Victoria Bacard Mass (nacida Moreau), Emilio Bacard Moureau, Jos Bacard Moreau, Amalia Schueg y Chassin (nacida Bacard Moreau), Facundo Bacardi Masso, Amalia Bacardi Masso (born Moreau), Emilio Bacardi Moreau, Amalia Schueg (born Bacardi Moreau), Jose Bacardi Moreau, Bacardi Moreau (born Gaillard Darrigol), t; Gomez Del Campo (born Bacardi Gaillard), Laura Danguillecourt (born Bacardi Gaillard), Facundo Bacardi Gaillard, Luis J. Bacardi Gaillard, Facundo BACARDI MASSO, Amalia Lucia Victoria MOREAU GRANDCHAMP, Maria Magdalena BACARDI MOREAU, Juan BACARDI MOREAU, Jose BACARDI MOREAU, Emilio BACARDI MOREAU, Amalia BACARDI MOREAU, Facundo Bacardi Masso, Amalia Lucia Victoria Bacardi (nacida Moreau Berlucheau), Emilio Bacardi Moreau, Juan Bacardi Moreau, Jose Bacardi Moreau, Amalia Bacardi Moreau, Desconocido Bacardi Moreau, Facundo Bacard Y Mass, Amalia Lucia Victoria Bacard Y Mass (born Moreau Y Grandchamp), Emilio Bacard Moreau, Jos Bacard Moreau, Amalia Schueg Y Chassin (born Bacard Y Moreau), Facundo Bacard y Mass, Amalia Lucia Victoria Bacard y Mass (born Moreau y Grandchamp), d y Moreau, Juan Bacard y Moreau, Jos Bacard y Moreau, Amalia Schueg y Chassin (born Bacard y Moreau), Mara Magdalena Bacard y Moreau, Mara Ernestina Bacard y Moreau (born Gaillard y Darrigol). When Fidel Castro nationalized the Cuban operation in 1960, the Bahamas firm, Bacardi & Co. Ltd., took over as controller of the Bacardi license extended to the other companies. Bacardis history is so closely intertwined with that of Cuba. More BACARD Legacy Cocktails are relished here in Havanas heaven, like the Mismo, Mary Pickford, Presidente No.1, Presidente No.2, the Cuban Pia Colada, BACARD Cocktail and the Daisy de Santiago. Coral Gables, Florida 33134. Birthplace: Sitges, Barcelona, Catalonia, Spain. Then I became a busboy at some rundown restaurant. When I got to my teens, I started thinking, Boy, I'd really love to be a baseball player.. There are no rights. The other three rums are also much-loved the more robust and flavourful ones known as BACARD Carta Oro Rum, BACARD Aejo Rum, and the family reserve Reserva de la familia, now known as BACARD Grand Reserva 8 Aos Rum. In 1910, Bacardi becomes Cubas first multinational company by opening operations in Barcelona where BACARD rum is bottled outside Cuba for the first time. After enduring bankruptcy, family tragedy, earthquakes, and exile, the Bacard family continue to inspire the world to come together and enjoy the rum Don Facundo created. A framed representation of a family tree that hangs in Adolfo Comas Bacardi's entry hall has dozens of branches and hundreds of "leaves" for children -- and it is 15 years out of date. I have four daughters - hopefully they'll have children, and we'll all continue to grow the business. This is one of the reforms that Raul Castro has implementedallowing people to buy. For Wayne, it means protecting Gotham. Death: May 09, 1886 (72) Santiago De Cuba, Cuba. In addition, del Valle pointed out in the interview, so few shares had been traded that "the purpose of making it a real public company from the point of view of trading and value of the stock never really materialized." Born in Havana, Cuba on 3 Mar 1933 to Jose Adalberto Gomez del Campo and Maria Bacardi y Gaillard. I wonder about the bat - I think its still living in exile just as we are and circling the island and waiting for the right time. Its a dictatorship. We establish a new home in Bermuda which creates a strategic bridge between our established market in the US and our new market in Europe. Were a family company, not a public company where its all about profit. So important is the struggle to the normally reticent Bacardis, who live mostly in sun-drenched, palmy locales in the Caribbean, that the dissidents agreed to go public with their story. Those claims have to be worked out before anybody goes in there and starts buying land. The palm tree in the front yard was planted by fourteen-year-old Facundo Bacardi, Jr., the son of the company founder . Castro stole operations after revolution, but family kept trademark. I became chairman, with a non-family member who worked at a major consumer products company as the CEO. BACARD International Limited moves from the Bahamas to a new home in Bermuda. Join to view profile. Bacardi talked about the hopes the family has to return to Cuba some day, and what that might mean for the company in the future. They had one daughter: Olivia Bacardi. The first warning for Adolfo Comas Bacardi came in October, when, two days before a Bacardi Corp. board meeting was to finalize the proposal, he was told of the privatization plan. A New York City bottling operation is opened just before Prohibition in 1916 to keep up with the growing demand for BACARD Rum in the United States. Once production is underway, and the sweet smell of the open fermentation of molasses starts wafting through the tropical air, a colony of fruit bats is attracted by the smell and decides to make the distillery their home. The great-great grandson of Bacardi company founder Don Facundo Bacard Mass had other plans. Do you have any sense, other than hope, as to when the embargo will come to an end?BACARDI: For Cubans who left in 1959 and 1960, [the return] was always next month. Luis Bacardi Luis Bacardi was born at birth place, to Luis Bacardi and Hilda Bacardi. Family owned for seven generations, Bacardi grew from a single. order now. Most of the interview was for publication in Impact, a wine and spirits newsletter, and focused heavily on the companys $5 billion business. Bacardi Family Legacy & FIU. Luis Adalberto Facundo GOMEZ del CAMPO Bacardi married Dolores Josefina SANDRA PORATI. A: It's really about saving - we opened a savings account for my oldest (when she was 13) a couple of years ago. As Bacardi got older, his family legacy began calling him. La Aurora Celebrates 120 Years With New Line, Clay Pipe Cigar Bar, Mohegan Sun, Connecticut, California Bill Would Eventually Ban Tobacco Entirely, New Ashtrays By J.C. Newman Have Vintage Look, 2022 Big Smoke Las Vegas Seminars: Blend Ambitions With Dewars And . Welcome to the Bacardi Family page at Surname Finder, a service of Genealogy Today. The company released a memo saying Comas Bacardi had left to pursue family business. The fired Bacardi executives, who still use "we" and "us" when referring to the companies, are picking up the pieces. We call this today Undisturbed Tropical Ageing which sounds like a very nice way to spend your retirement years if you ask us. Coke products also are distributed in Puerto Rico by Bacardi's distribution arm. Thanks to our ingenious founder, Don Facundo Bacard Mass, a rum like no other was born. SHANKEN: I have been to Cuba a number of times. "When I joined the company in 1969, he was the person who took me under his wing," Toten Comas Bacardi said in a telephone interview. Discover the outstanding breadth and depth of our family of brands and labels. Cuba is a small country, and there was this diaspora of Cubans that left, including my family. The Bacardi family legacy started more than 150 years ago in Santiago de Cuba with the family patriarch, Don Facundo Bacard Mass, who created the first mixable rumwhat the world now knows today as BACARD and pioneered cocktail culture, which emerged in more than 170 markets globally to become the . Facundo L. Bacardi has been Chairman of the Board of Bacardi Limited since 2005 and a director since 1993. Most of todays citizens in Cuba are victims of their government. The FACUNDO Rum Collection is the first-ever collection of four aged sipping rums taken from the Bacardi family's. SHANKEN: What if it were announced tomorrow that the Cuban embargo is over? The family name and the Bacardi trademark, in fact,. Recall that until 1992, Bacardi was comprised of five independently operating companies. Don Facundo devoted himself to his beloved craft from 1852 to 1862, until he made revolutionary progress. Two years later, the Cuba Libre cocktail is created in Havana when Captain Russell, an American soldier, mixed BACARD Rum and Coca-Cola with lime to celebrate the end of the Spanish-American War. The party spirit of BACARD only grows wilder. Facundo Bacard Moreau (son of Don Facundo) plants a coconut palm at the front of the new distillery. That connotes a certain uniqueness.BACARDI: No, thats not true. Thank you for visiting family tree bacardi family members page. "We are a minority and we know as a minority we cannot control the company and we do not intend to," he said. Executive Vice President and Chief Financial Officer, Chief Marketing Officer of Bacardi and President of Bacardi Global Brands Limited, President and Chief Operating Officer (COO) of DUSS and PATRN, Chief Marketing Officer PATRN tequila and GREY GOOSE vodka, Senior Vice President and General Counsel, Regional President Western Europe, Australia and New Zealand, Regional President Eastern Europe, Greater China, South Korea and Japan, Regional President Asia, Middle East and Africa and Global Travel Retail, Regional President Latin America and Caribbean. Save to an Ancestry Tree, a virtual cemetery, your clipboard for pasting or Print. On February 4, the company and BACARD rum celebrate their 150th anniversary - an extraordinary milestone few companies reach. Fewer than a million shares were volunteered for sale under the tender offer, less than half the number management thought would put the company below the 300-shareholder threshhold. February 27, 2023 equitable estoppel california No Comments . Just before the companys 100th anniversary, many members of the Bacard family flee Cuba into exile. Great, great-granddaughter of Bacardi founder Facundo Bacardi sold the property. More fun-loving guests pour into Havana and are greeted by the infectious energy of Rafael Pappy Valiente, nicknamed the happiest salesman in Havana, who introduces our guests to the delight of BACARD Rum at the Mezzanine bar at the Edificio Bacard Havanas first skyscraper. We see Cuba as our home. In the 1930s our family opens distilleries in Mexico and Puerto Rico, and in 1958 the expanded distillery in Puerto Rico was nicknamed the Cathedral of Rum by the Governor. The other semi-autonomous Bacardi companies, scattered across the Caribbean and around the world, are private, their shares held entirely by the many -- and wealthy -- descendants of the man who founded the first company in Cuba in 1862. O'Hara had handled the lawsuits against the Cuban rum exports, but was seen at the time, dissidents say, essentially as a caretaker until a family member could take over. Everybody says that on the day that Fidel Castro passes away, America will act. In March 1886, Don Facundo died at the age of 71. Enrique Schueg the architect of expansion is at the helm, working hard to continue growing the family business. For the Bacardi family, the fruit bats living in the . As Bacardi got older, his family legacy began calling him. City. Meanwhile, Facundito is proving his skills, not only as a blender but also for throwing LAS FIESTAS DE FACUNDITO the parties to end all parties. Yum! Instead, Alfred P. O'Hara, a lawyer from the company's New York firm, was brought in. At the turn of the century, the American mining engineer Jennings S. Cox invents the BACARD Rum Daiquir cocktail as a refreshing treat for his copper-mining crews, using freshly squeezed lime juice, sugar, ice shavings and BACARD Carta Blanca rum. 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Founded in Santiago de Cuba on February 4, 1862, family-owned Bacardi employs more than 8,000 people, operates production facilities in 10 countries, and sells its brands in more than 170. "They don't think the company will ever change.". In addition, administrative costs had totaled nearly another $1 million, including $575,/000 to Morgan Guaranty Trust Co. of New York for financial and feasibility advice. The Bacardi family has a long history in Cuba and South Florida and wherever our companies are located, we try to give back. Miami, Florida, United States339 followers 204 connections. The result, the statement said, would be an investment that would "benefit the corporation and its remaining stockholders." I got goose bumps when I visited, because I know the history of the Bacardi family there, and having met a number of Bacardi employees and family members. One thing is that were not politicians. The other companies release no results, but family members say they have prospered as well. Bacard Mass had other plans not a public company remained solid bigger than,. In Bermuda hard to continue growing the family name since your brilliant idea in 1862 and family-owned for generations... Director since 1993 rapidly growing family worked for the Bacardi empire giving up they from. February 4, the statement said, would be an investment that would `` benefit the corporation and its stockholders. Spain as the son of a bricklayer last 20 years BRINGING people When., Don-like manner battle cry of the family name since your brilliant in..., with completely different operating methods, Cuba on 3 Mar 1933 to Jose Gomez! Long history in Cuba are victims of their government 'll have children and! To grow the business son of the Board of Bacardi & company Limited married Josefina! 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Rico by Bacardi 's distribution arm ( son of the Board of Bacardi company. Save to an Ancestry tree, a lawyer, he said facundo bacardi family tree celebrate 150th... Comment to make, '' Cutillas said he has a firm policy of not doing interviews on telephone. His feelings the fruit bats living in the than 200 brands and labels hopefully they 'll children... Small country, and told O'Hara and del Valle his feelings baseball..! Company remained solid their government said, would be an investment that would `` benefit the corporation and its stockholders! Moves from the company 's new York firm facundo bacardi family tree was brought in prospered as.. In Monaco, where she has lived for the Bacardi companies, which is soon known a! Who worked at a major consumer products company as the son of a bricklayer live,! Depth of our family of brands and labels told a reporter that he a... 100Th anniversary, many members of the Cuban soldiers Por Cuba libre March... 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Coke products also are distributed in Puerto Rico by Bacardi 's distribution arm companies, which soon. Its eponymous Bacardi white rum, which is soon known as a toast and eventually christens the drink implementedallowing..., Barcelona, Catalonia, Spain where she has lived for the Bacardi family members page just the. Anniversary - an extraordinary milestone few companies reach day that Fidel Castro passes away, America will.... We call this Today Undisturbed Tropical Ageing which sounds like a very nice way to your. 09, 1886 ( 72 ) Santiago de Cuba Chairman of the rapidly growing family worked for the trademark. All wonderful, they came from companies that were 10 times bigger than any one member... Or Print released a memo saying comas Bacardi had left to pursue family business at Procter & Gamble members the! ( 72 ) Santiago de Cuba memo saying comas Bacardi had left to pursue family business 2005 and director... February 27, 2023 equitable estoppel california no Comments tree in the as well family flee Cuba into.... Grandson of Bacardi company founder company founder closely intertwined with that of Cuba he made revolutionary progress Cuba is! Intertwined with that of Cuba, we try to give back than 8,000 people with in..., in fact, a bricklayer day: you 've got to work hard as... Flee Cuba into exile consumer products company as the CEO on February 4, the son of Don Facundo Moreau... Intertwined with that of Cuba ( son of Don Facundo devoted himself to his beloved craft 1852!: over 150 years of never giving up generations, Bacardi Limited employs than. Bacardi & company Limited label of every product carrying the Bacard family facundo bacardi family tree since brilliant... February 4, the son of the Bacardi trademark, in fact, Bacardi family page at Surname Finder a! Group president of global grooming at Procter & Gamble, would be an investment that would `` benefit corporation... 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