Richard K. Smucker's holdings in The J.M. Smucker Company have seen significant fluctuations over the years. For instance, in late 2019, his net worth tied to Smucker’s shares was around $266.20 million. This number experienced minor dips before peaking at...
Richard K. Smucker's holdings in The J.M. Smucker Company have seen significant fluctuations over the years. For instance, in late 2019, his net worth tied to Smucker’s shares was around $266.20 million. This number experienced minor dips before peaking at approximately $381 million around December 2022, a peak attributable to the company's continued growth and strong brand management. However, since then, Smucker's holdings have seen a decline, dropping to about $227.82 million by October 2023. Despite the ups and downs in the market, Smucker's long-term investment in the company has demonstrated his confidence in its future, especially considering he held a large portion of his wealth in Smucker stocks for many years. His strategic decisions during his tenure helped to bolster this investment significantly.