Yuengling is privately owned by Richard “Dick” Yuengling Jr., who is the fifth-generation family member running the brewery and the sole owner of D.G. Yuengling & Son, Inc.

Who owns Yuengling right now?

  • The company is owned by Richard (Dick) Yuengling Jr. , an American billionaire businessman born in 1943.
  • He bought the brewery from his father in 1985 and has owned 100% of the company since then.
  • Yuengling is still a family-owned and operated brewery based in Pottsville, Pennsylvania.

Is Yuengling owned by Budweiser or a big beer corporation?

  • No, Yuengling is not owned by Budweiser or Anheuser‑Busch InBev; it remains an independent, family-owned brewery.
  • Yuengling did create a joint venture with Molson Coors (called The Yuengling Company) to brew and distribute Yuengling in western U.S. markets, but this did not change the core ownership of D.G. Yuengling & Son, Inc.
  • The joint venture oversees expansion and brewing in new markets, while the original Yuengling company stays 100% family owned and operates separately.

What about future ownership?

  • Yuengling has indicated that control will eventually pass to one of his daughters, who are already active executives in the company.
  • Reports note that several of his daughters work in the business and are “next in line” to take over, continuing the multigenerational family tradition.

In short, if you’re wondering “who owns Yuengling” today: it’s still Dick Yuengling Jr. and his family, not a global beer conglomerate.

Information gathered from public forums or data available on the internet and portrayed here.