The family is the Mexico City-based company's major shareholder, and which saw net sales revenues of $2 billion in 2021. The company's sixth-generation leader, Juan-Domingo Beckmann, is now at the helm. by the Beckmann family. Another 173 words (12 lines of text) covering the years 1749 and 1782 are included under the topic Early Beckmann History in all our PDF Extended History products and printed products wherever possible. As the waltzing guitar and horns begin, you are transported to a cantina in Acua, Coahuila Mexico. In Carrie Underwood's 2008 song Last Name describing a woman meeting a man at a club and later eloping with him in Las Vegas after having had too much to drink that night, Cuervo tequila is referenced in the line "So I'll blame it on the Cuervo". He is married to Maria de Jesus Dora Legorreta Santos, they have three children, and live in Mexico City. [25] It is no longer available. converted to U.S. dollars at current exchange rates Read After years of speculation, Mexico's Beckmann family launched an initial public offering of Jose Cuervo CUERVO.MX in 2017, raising more than $900 million. [1]. [7] The apartment was reportedly worth $84 million (USD). I cover Mexico's billionaires, politics and U.S.-Mexico relations. Juan F. Beckmann is one of Mexico's most respected business leaders, distinguished for his visionary leadership of the two-century-old Mexican family-owned company Jos Cuervo, the maker of the best-selling tequila in the world. [18], The Jose Cuervo Express train was opened to visitors in February 2012 to help promote tourist development in the Jalisco area. The Ehrlinger family came from Schornweisach, Germany northwest of Nrnberg. Beckmann Vidal's main source of wealth comes from Jose Cuervo, the worlds biggest tequila producer, which has been owned by 11 generations of the Beckmann family. Dana Cimilluca, Paul Sonne and Simon Zekaria, Tom Kelley, Songwriter turns to video after big Jose Cuervo hit,, Last edited on 17 February 2023, at 19:28, Distilled Spirits Council of the United States, "Flavored Tequilas: Only for the adventurous (or young)", Diageo Ends Its Attempt to Buy Jose Cuervo Tequila,, "McCann Wins Cuervo as Tequila Leaves Diageo in U.S.", Diageo Is Said to Be in Talks to Buy Jose Cuervo Tequila Brand From Family,, "Part 2 of 3: Tequila's History: 18th & 19th Centuries", At Jose Cuervo, 254-year old tradition reigns,, Tequilas History: 20th & 21st Centuries,, Drinking Tequila but Thinking Cognac, Maybe?, Diageo ends talks to take control of Jose Cuervo tequila business,, Diageo calls time on Jose Cuervo talks,, Cuervo: Diageo Split Has Created Better Opportunity,, "Proximo To Spend $10 Million on Jose Cuervo Cinge Launch", "Review: Jose Cuervo Cinge Cinnamon Flavored Tequila", Jose Cuervo Launches Tradicional Silver Tequila,, Jose Cuervo Platino Tequila. [1][6], The blue agave plant has spiked leaves and a round, fleshy core (the pia). Beckmann serves as the chair at Casa Cuervo and JB and serves on the board of 28 family-owned companies. Jose Cuervo first exported its tequila to the United States in the 1800s. RESIDENCE: MEXICO CITY Beckmann Vidal, a descendant of Don Jose Antonio de Cuervo, owns the majority of Jose Cuervo tequila maker Becle. Surnames of this type became popular in Germany after the 12th century. [4][5], In 2011, Beckmann Vidal was still president of Jos Cuervo.[4]. Extra aejo, which has an even darker color and richer flavor, is 100% blue agave and aged more than three years. The reposado achieves its amber color through six months of barrel aging. See Fireball and discussion therein. Today, the family behind the worlds best-selling tequila includes a trio who are worth a combined $5.1 billion. It is the oldest active distillery in Latin America. 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Beckmann Vidal, the grandson of a German ambassador to Mexico and an heiress to the Cuervo tequila fortune, grew up in the border city of Tijuana, selling margaritas by the gallon at a hotel and hawking sombreros to tourists at the bull ring. The family became prominent in local affairs and branched into numerous houses and branches. Maison Ferrand Number of medals: 14 . [12] Agave plants take 10 to 12 years to mature and become ripe, while sugarcane can be harvested every year, so blending the agave spirit with sugarcane spirit is a cheaper method, while using 100% blue agave plant is more expensive. You may opt-out by. 5. Why We Like It: 1800 tequila silver is one of the best-selling tequila brands from Mexico City. Megawide is building a $300 million data center in Cavite, south of the Philippine capital of Manila, as the construction company pivots to the digital space. Charles married Elizabeth (Bessie) Reichard in 1921. 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The Mexican-owned tequila brand has been imported to the US since 2008 and has taken home different prestigious awards for being a high-quality tequila. Beckmann Vidal, who owns 70 percent of the family business through Becle -- a merged company created in a recent corporate restructuring -- has a fortune valued at $2.4 billion, according to. Carl Ferdinand August Beckmann (1835-1908), known as August or Gus, learned the milling trade from his father in Germany. The Beckmann family name was found in the USA, the UK, Canada, and Scotland between 1871 and 1920. [40] Other country songs that mention the liquor are "The Dope Smokin' Song" by Hank Flamingo and "Drink Canada Dry" by David Allan Coe. The Beckmann family of Mexico is the major shareholder. [15] In a deal first announced in March 2013, Proximo Spirits, a company owned by the Beckmann family, took over Jose Cuervo's distribution beginning in July 2013. Jose Cuervo is family-owned and is run today by the Beckmann family of Mexico, descendants of Don Jos Antonio de Cuervo. Beckmann is a name for a baker, and it is derived from the German word beck. [5], In order for a spirit to be called tequila, it must come from the blue agave plant, a species found only in Jalisco and four nearby regions in central Mexico. My dad told me one day: You have to give back to Tequila and to its people some of what they have given us for so many years. George Henry, known as Hank, was a bachelor and lived with his parents in the Beckmann home, now known as the cooperage. Many German names carry suffixes that identify where they came from. Tequila is naturally clear after fermentation and distillation are complete. Overnight on Wall Street is morning in Europe. [2] 1800 Tequila is a Mexican brand of tequila owned by the Beckmann Family, who also own the Jose Cuervo tequila brand. It noted currency challenges, the Beckmann's family control. In a 3.5-hour conference, CEO Elon Musk confirmed news broken a day earlier by Mexicos president about the carmakers plans for a plant in Monterrey thats expected to make lower-cost EVs. History [ edit] Proximo Spirits was founded in 2007 by the Beckmann family of Mexico, who also owns and operates Jose Cuervo. [4][19][20], In 2013, Proximo launched Jose Cuervo Cinge, a cinnamon-infused 35% abv version of Especial Silver. Using the video platform, he discovered new artists and even learned how to play the guitar from watching tutorials. A bartender creates a cocktail named after a showgirl, the Margarita. This type is called blanco or white. Please try again. A man sitting in the cantina notices a woman who walks in, and after working up the courage, asks her to dance. All Rights Reserved. The tequila tycoon, who has a 70% stake in Jose Cuervo, also tried to purchase a second condo in New York. 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