Became drugmaker G.D. Searle. Wife and 2 sons of Bob John Magness who died in 1996 of lymphoma, at age 72. Moved into real estate, banks. Facundo L. Bacardi has been Chairman of the Board of Bacardi Limited since 2005 and a director since 1993. Family fortune founded by German immigrant Frederick Weyerhaeuser (d.1914) who worked in Illinois sawmill as teenager. With brother-in-law, bought mill out of bankruptcy, became leading timber baron. Family still represented on board of Pharmacia & Upjohn. Familys grocery-discount chain still trying to fend off onslaught from competitors Target, Kmart, Wal-Mart while expanding itself. John Sr.s brother, William (d. 1922), left his heirs a substantial inheritance, believed now to be worth at least $500 million, perhaps far more. Fortune shared by more than 200 family members. Presumed heir August IV, 34, now vice president of marketing. Jorge Bacardi's wifeis Leslie Bacardi. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. The company wins a gold medal at the Exposicin Universal de Barcelona and is appointed Purveyor to the Royal Spanish Household. E.W.s son James also split, founded Scripps League newspapers, a privately held chain of local dailies. Donnelley & Sons. Strategy: create systems in small towns, rural areas, depreciate, sell; buy larger systems. Lord Luis Bacardi died in 2005 at the age of 72. Emilio Bacard, Don Facundo's eldest son, known for his forward thinking in both his professional and personal life and a passionate advocate for Cuban Independence was imprisoned twice for having fought in the rebel army against Spain in the Cuban War of Independence.[9]. Widowed Kay took over, pushed paper to new heights: Pentagon Papers 1971, Watergate 1972-. The act was aimed primarily at the Havana Club brand in the United States. According to Net Worth List Monika is worth a whopping $5.5billion (4.4billion). Sold to Monsanto 1985. Other: Barron Collier Co., 3 principal heirs. Hilda Maria Bacardi, whose family owns the world's largest privately held liquor company, yesterday sold her 12-bedroom mansion on the water in Florida's Coral Gables yesterday for $19 million. Discover the full portfolio of Bacardi Brands over 200 global brands and labels across 170 global markets Get to know about the Bacardi family net worth and Wikipedia. [8], The 1880s and 1890s were turbulent times for Cuba and the company. The 51-year-old film producer, aka Lady of Bayfield Hall, was born August 20, 1968, in Merano, North Italy. Maine Harold Alfond, 84, started his career in shoe factory at 25 cents per hour. Bacardi shares the environmental progress made under the Good Spirited: Building a Sustainable Future initiative and expands it to encompass all Corporate Responsibility activity. Davis $2.7 billion Winn-Dixie stores. Inside. Zachary: managed buildings. No family member active in company since 1983. Hughes $1 billion Inheritance. Started Detroit News 1873. ", Omnibus Consolidated and Emergency Appropriations Act, FY1999, "Facundo L. Bacardi has been Chairman of the Board of Bacardi Limited since 2005 and a director since 1993. Taking advantage of the lapse, the Cuban government registered the mark in the United States in 1976. Known for packaging innovations: first canned talcum powder, shaving cream in a tube, stick deodorant. Now has 1,168 Winn-Dixie, Thriftway and Marketplace stores in 14 states and the Bahamas. Cincinnati Descendants of E.W. Created Hill-Rom, manufacturer of hospital beds, 1928. International guests arriving to Havana and Americans escaping Prohibition are greeted by Rafael Pappy Valiente, nicknamed the happiest salesman in Havana, who introduces them to the delight of BACARD rum. Cleveland Six children of George Gund Jr. (d. 1966). $4.4 billion Publishing. Grew internationally: Bacardi now two-thirds of rum market. He is the great-great grandson of Company founder Don Facundo Bacard Mass and a fifth-generation family member", Bacardi and the bat: All Bacardi rum supplied to U.S. bottled in Jacksonville, "A competitive labeling method for the determination of the chemical properties of solitary functional groups in proteins", "Ludwig Mies Van Der Rohe and Felix Candela's Industrial Buildings UNESCO World Heritage Centre", "Bacardi Limited: Our Heritage Prohibition and Innovation", "Cuba and Bacardi: A Complicated History", "Bacardi wants to be in Bermuda for centuries", "Dispute Settlement Body adopts reports on the "Havana Club" case", "The origin of the alkaline inactivation of pepsinogen", Caribbean Business: Bacardi wins round in Havana Club fight, "Bacardi to buy high-end tequila maker Patron in $5.1 billion deal", "Bacardi Brand Portfolio - Bacardi Brands", "Bacardi targeted women with its new reduced-alcohol vodkas. DeJoria launched Patrn in 1989 with cofounder Martin Crowley, who died in 2003. It went over as well as you'd expect", "The International High Quality Trophy - 2010, Spirits & Liqueurs Selection", Proof66 Summary Page for Bacardi Reserva Limitada, "Proof66 Summary Page for Bacardi 1873 Ron Solera", Proof66 Summary Page for Bacardi Ron Reserva 8-Year, "The interaction of bovine erythrocyte superoxide dismutase with hydrogen peroxide: inactivation of the enzyme", "Bovine liver dihydrofolate reductase: purification and properties of the enzyme", https://www.bizjournals.com/southflorida/stories/2007/05/07/daily8.html, "Purification and properties of Escherichia coli dihydrofolate reductase", Miami weighs preserving iconic Bacardi buildings, Bacardi USA Announces New Headquarters in South Florida, https://en.wikipedia.org/w/index.php?title=Bacardi&oldid=1133627720, Food and drink companies established in 1862, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, Bacardi rum, Grey Goose vodka, Patrn Tequila, Dewar's Blended Scotch whisky, Bombay Sapphire gin, Martini & Rossi vermouth and sparkling wines, Eristoff vodka, Cazadores blue agave tequila, Angel's Envy Bourbon and more, Bourbon: Angel's Envy, Stillhouse Black Bourbon, This page was last edited on 14 January 2023, at 19:24. Son Eleuthre Irne, a chemists apprentice, founded gunpowder factory on Brandywine Creek 1802. Daniel donated his share of Degas Landscape with Smokestacks to the Art Institute of Chicago as part of settlement with descendants of Holocaust victims. TMKOC Dayaben Disha Vakani Net Worth : ' ' (Taarak Mahta Ka Ooltah Chashmah) . Started cable system west Texas 1955. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. The elegant black and gold Art Deco lobby bar becomes a favorite hangout for entertainers, tourists, celebrities and even the Spanish royal family! Phil made Post publisher, editor-in-chief 1947. Expanded into fasteners, screws, washers. Miami citizens began a campaign to label the buildings as "historic". Americans flock to the island to enjoy BACARD rum, triggering growth for the company as cocktail culture booms around the world. Weyerhaeuser $1.1 billion Timber, paper. Searle $1.5 billion Inheritance, drugs. Bacardi later bought the brand from the original owners, the Arechabala family. One of the case's arbitrators, Daniel Schimmel, is the head of the International. Hillenbrand $2.2 billion Hillenbrand Industries. Richard King, son of Richard B., managed family business for 3 decades: merged existing banks, centralized control in Pittsburgh. You may opt-out by, 2017. Today 1,141 stores, 39 states. He is the great-great grandson of Company founder Don Facundo Bacard Mass and a fifth-generation family member. Where Are His Wife And Family? Late Louis worked in dads advertising agency; then 4 years Johnson Wax international marketing. Mellon $8.5 billion Finance. Worked as accountant, business partner for steel magnate, snared $50 million when Carnegie sold out to J.P. Morgans U.S. Steel Corp. 1901. Jorge Bacardi was born into a life most of would consider winning the luck lottery. Started own print shop, Chicago 1864. Campbell $1.7 billion Land, investments. Gottwald $1 billion Ethyl Corp. Richmond, Va. Brothers Floyd Jr., Bruce inherited fortune started as paper company by father Floyd (d. 1982). In 2006, Bacardi USA leased a 15-story headquarters complex in Coral Gables, Florida. Scripps family). (now U. of Pittsburgh), began investing in coal, real estate. Magness sons sued TCI, Malone and trustees of their fathers estate last year when the trustees sold 32 million shares to TCI for $529 million to pay inheritance taxes. Furor led by muckrakers forced breakup 1911. Family credited with invention of daiquiri. Two years later in 1900, the worlds first Cuba Libre cocktail is created in Havana when American soldiers mix BACARD rum and Coca-Cola with lime to celebrate the end of the Spanish-American War. Mandel $1.3 billion Premier Industrial Corp. Shaker Heights, Ohio Three brothers. As of 2022, Monika Bacardi's net worth is $100,000 - $1M. The billionaire enjoys a life of luxury in Monaco, where she has lived for the last 20 years. Shares down 35% over the past year on weak demand for wood in Asian markets. Gore $1.4 billion W.L. Hungarian immigrant Joseph Pulitzer (d. 1911) settled in St. Louis after Civil War, purchased bankrupt St. Louis Dispatch in 1878 for $2,500, stressed muckraking, yellow journalism. Grandson John developed motion-sickness remedy Dramamine; also first oral contraceptive. Daughter Elaine Wold: publicity-shy, very low-profile; married to retired physician. Granddaughter Nan Tucker McEvoy inherited largest share after mother died 1988, but cousins forced her off board 1995. Company went public 1958. Lykes $1.3 billion Banking, agriculture, real estate. Descendants of Pierre Samuel du Pont de Nemours (1739-1817), French clockmaker and physiocrat who fled Revolutionary Terror for America 1800. New Hampshire Eben D. Jordan (d. 1895) left Danville, Me. January 3, 2022 Jorge Bacardi was a member of the Bacardi family, which owns one of the world's largest and most family-owned alcohol corporations. Son Byron founded Northern Trust 1889. Chicago Gideon Daniel Searle bought tiny Indiana drugstore 1888. Seattle. Bacardi had employees in seven buildings across Miami-Dade County at the time. Colonel Eli Lilly, Civil War veteran, started making Lilly Pills 1876. Charles shot mayoral candidate in a feud 1879. As Prohibition carries on in the United States, Bacardi unveils Havanas first skyscraper: the iconic Edificio Bacard, designed by the architects Esteban Rodrguez-Castells and Rafael Fernndez Ruenes. George III, brother Gordon own Cleveland (basketball) Cavaliers. The billionaire heiress came from a long line of highly influential industrial figures within the 19th century, so was born into money. The brand was created by the Jos Arechabala S.A. and nationalised without compensation in the Cuban revolution, the Arechabala family left Cuba and stopped producing rum. Also in 2003, after the legal issues had been cleared up, Bacardi acquired 30% of Patrn for an undisclosed sum. Also minority stake in pro baseballs Arizona Diamondbacks. She established a fund at Mayo Clinic with her husband, Jorge. John Dewar & Sons Ltd. releases a range of new expressions and never-before-released single malts under the title of the Last Great Malts: ABERFELDY, AULTMORE, CRAIGELLACHIE, THE DEVERON and ROYAL BRACKLA. Over 200 heirs share fortune. Morton: Its really right to kill yourself for your customers. Jack and Joe chaired finance, executive committees. Responsible for promoting new light beer targeting seniors and female drinkers. The jet-setter can often be found at celeb parties and on the red carpet - boasting many Hollywood stars as friends whose films she has funded. Exonerated of income tax fraud charges after his death in 1937. The striking design of the annex, affectionately known as the 'Jewel Box' building,[35] came from a painting by German artist Johannes M. Dietz. In 1973, the company commissioned the square building in the plaza. Holdings now being pared back: meat processing, energy units parceled off, shipping business sold out of Chapter 11. View our online Press Pack. Once Facundo achieved the perfect balance of flavors by marrying the two distillates together, he purposefully aged the rum in white oak barrels to develop subtle flavors and characteristics while mellowing out those that were unwanted. Three sons built into largest independent U.S. shoe chain by 1963; family since diversified into specialty retailing. The billionaire enjoys a life of luxury in Monaco, where she has. Goizueta $1.2 billion Coca-Cola. Emilio's brothers, Facundo and Jos, and their brother-in-law Enrique 'Henri' Schueg, remained in Cuba with the difficult task of sustaining the company during a period of war. Andrew created financial institutions; early venture capital projects included Gulf Oil, Alcoa. After experimenting with several techniques for close to ten years, Facundo pioneered charcoal rum filtration, which removed impurities from his rum. Simpson Investment now owns more than 800,000 acres of timberland in Washington and Oregon. In 2018, Bacardi Limited purchased tequila manufacturer Patrn for $5.1 billion.[25]. Anti Slavery and Human Trafficking Statement. First to use live underwear models. California et al. Revitalized Pittsburgh, instrumental in over $160 million going to Carnegie-Mellon U. Mennen $1.9 billion Mennen Co. Morristown, N.J. Gerhard Mennen arrived in New York in 1871 at age 15. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Monika Barcadi is reportedly worth a whopping 4.4billion, Monika Bacardi's husband was the great-grandson of the creator of Bacardi, Monika Bacardi is an influential movie producer, Monika Bacardi is a regular on the Hollywood red carpet, Monika Bacardi has lived in Monaco for the last 20 years. Financed 2 Swedish toolmakers to form Illinois Tool Works 1912; later took control. Merged Premier Industrial with Englands Farnell Electronics in 1996. Merged into P&G for $400 million. With $8,000 savings founded Vicks Family Remedies in 1905 (name picked from ad for Vicks seeds). As part of the acquisition, Patrn cofounderJohn Paul DeJoriawho is currently worth an estimated$3.4 billion, according to Forbeswill sell his 70% stake in the company. Coke CEO 1981. Several Bacardi spirits have performed notably well. With partner Ben Marsh opened Jordan Marsh department store. Seattle Heirs to lumber, paper fortune started by Sol G. Simpson. All Bacardi operations and assets in Cuba are illegally confiscated without compensation by revolutionary government forces on October 14, 1960, just shy of the companys 100th anniversary. Lawyers for the bank. [14] The company later expanded to the United States in 1944 with the opening of Bacardi Imports, Inc. in Manhattan, New York City.[15]. Puerto Madero N9710, Oficina 22, Pudahuel - Santiago | asl sign for olive garden Together with her business partner Andrea Iervolino, Monika has produced around 30 films, with an emphasis on medium and large-budget movies. Because Bacardis purchase price includes the assumption of Patrns debt (which is not publicly disclosed), its not yet clear how DeJorias net worth will change once thedeal is completed. Exiled Cuban architect Enrique Gutierrez created a building that was hurricane-proof, using a system of steel cables and pulleys which allow the building to move slightly in the event of a strong shock. Reed $1.3 billion Timber, paper. Kay, 81, chairs executive committee. AMP holdings believed to be over 10% of company, split among 70 family members. Now Premier Farnell Plc. Slectionnez Grer les paramtres pour grer vos prfrences. Company focusing more on wood products, timber, packaging paper business. Jorge Bacardi is a married man and his better half's name is Leslie Bacardi. Gund $1.6 billion Sanka, banking. Young John bought out siblings, expanded; became second-largest Yellow Pages agent. On January 2023 Meek Mill's net worth is an estimated $20 million, according to reports. Strategy: buy timber properties at discount and replant for long term. Harvard B-School grad sold family brewery during Prohibition; bought decaffeinated coffee firm, later Sanka, 1919. Mondays announcement marks another milestone in DeJorias stratospheric ascent in business. Invested proceeds in Boston Globe. Looking overseas: earlier this year opened corrugated box plant in China. Eventually, a local prophecy grows around the palm tree: The Bacardi company will survive in Cuba so long as the coconut palm lives. The wealthy heiress came from a long line of highly influential industrial figures within the 19th century. Campbell left Ireland as 13-year old stowaway on NYC-bound ship 1839. The sons charged the shares were worth much more. A new corporate strategy launches with the purpose of celebrating moments that matter, one drink at a time. Victims son then shot Charles to death. Put money in more than 24 companies over next 20 years: 4 or 5 succeeded. Hit pay dirt 1981 when Combined Communications (billboards, TV, newspapers, radio) merged with Gannett. Seven years later: Standard Oil. August III, now 61, unseated father in 1975. Jordan $1.2 billion Retailing, publishing. Bacardi Limited achieves Triple Crown certification and leads the industry as the only major spirits company in the world to have all its facilities globally certified to be operating in accordance with the worlds most recognized standards for quality, environment, and health and safety ISO 9001, ISO 14001 and OHSAS 18001 putting the company among an elite group of the worlds best-run companies. It will enable Bacardi to add an additional brand-name liquor to a roster that already includes Grey Goose vodka, Dewars Scotch whiskey and a fleet of eponymous rums. Simpson cofounded Simpson Timber Co. with partner A. H. Anderson 1890. Dubbed Kimo-Ona Millona (James the Millionaire). Company now owned outright by family. A major advertising campaign features the 1950s-era heyday of BACARD rum and a limited edition $2000-a-bottle BACARD rum is crafted by eight Bacard family master blenders. Three brothers, Zachary, Lawrence and Martin (d. 1976) who formed real estate company in 1938. He has had a successful career in the music industry, earning two Grammy nominations, and made a . Started company in 1878. Descendants of John Hillenbrand, son of German immigrant who rescued Batesville Casket Co. from bankruptcy 1906. He became a billionare in 2019 due to his outstanding capacity for investing and generating cash for his company. Fortune now splintered. Now 83 upscale stores; known for incredible service. Sold L.M. Expansion began overseas, first to Mexico in 1931 where it had architects Ludwig Mies Van Der Rohe and Felix Candela design office buildings and a bottling plant in Mexico City during the 1950s. Louis $1.5 billion Johnson Wax. Started managing handful of buildings. News Group Newspapers Limited in England No. Named U.S. Treasury Secretary, served 1921-32. Wife, 3 children, 8 grandchildren of John Jeffrey Louis Jr. (d.1995), maternal descendant of Johnson Wax fortune (see first cousin Samuel Johnson). San Francisco Descendants of Michael H. de Young, who founded San Francisco Chronicle 1865 with brother Charles. Built Scripps Howard newspaper chain, at one time the countrys largest. More than 100 fifth-generation Phippses (including Guests, Mannings, Martins) share rest of fortune. Hemingway wrote in Islands in the Stream, "this frozen daiquir, so well beaten as it is, looks like the sea where the wave falls away from the bow of a ship when she is doing thirty knots."[34]. Introduced Diet Coke 1982, saw Coke market value rise from $4 billion to $145 billion over his 16-year leadership; never sold a share. Hilda Maria Bacardi first put the. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. [1] Originally known for its Bacardi brand of white rum, it now has a portfolio of more than 200 brands and labels. Also 51% of Crown Central Petroleum through American Trading & Production Corp. She suggests adopting the bat as the symbol of BACARD rum and soon locals began to ask for el ron del murcielago the rum of the bat. Went public 1956. Focus now on agriculture, juice business. Son Frederik, now 78, pioneered one-stop shopping concept in 1960s, now 117 stores. Jorge Bacardi was born on April 6, 1944, in Santiago de Cuba. Youngest, Morton, dropped out of Western Reserve U. Bacardi $2 billion Liquor. No slackers, please: The only thing worse than a bum is a rich bum. Company added Target department stores in 1962; then Hudsons, Mervyns, Marshall Fields. Much of estate went to John Sewards third wife and former chambermaid, Barbara (Basia) Piasecka Johnson (see), who had ugly contest with his children over will; settled 1986. Bacardi acquired the Cazadores tequila brand in 2002 and in 2004 purchased Grey Goose, a French-made vodka, from Sidney Frank for $2billion. Dayton $1.3 billion Retailing. . Holdings distributed to some 250 family members, but outsiders now being brought in for CEO and board of directors slots. Batesville Casket and Hill-Rom combined under parent Hillenbrand Industries 1969. Section 211 has been challenged unsuccessfully by the Cuban government and the European Union in US courts. bound sailing ship; founded small beer company 1873. The historic birthday is celebrated by millions with hundreds of parties attended by consumers and celebrities around the world. Heirs Henry Rosenberg Jr. and Louis B. Thalheimer still active in real estate, office products, security systems. [18], In 1965, over 100 years after the company was established in Cuba, Bacardi established new roots and found a new home with global headquarters in Hamilton, Bermuda. 1940 to join Joe and Jack in buying uncles auto-parts business for $900; went public 1960. Castro stole operations after revolution, but family kept trademark. Introduced Business Week 2 months before 1929 stock market crash. Peter, 51, now at helm. Joseph came to New York 1902. He once slept in his car and sold shampoo door-to-door before he teamed with Paul Mitchell in 1980 to create his first entrepreneurial smash success, John Paul Mitchell Systems, known for its Paul Mitchell hair products. That company has grown from a $700 initial investment into a cosmetics heavyweight with hundreds of millions of dollars in revenue. We are committed to being Good Spirited and always doing the right thing. Minneapolis Descendants of George Draper Dayton, who founded Daytons department stores 1902. Won grudging respect of environmentalists: Best of the S.O.B.s. Company now third largest U.S. maker of paper and wood products. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. Type your email address below. (Photo by Greg Doherty/Getty Images), Bacardi, the worlds largest private spirits business, already owns 30% of Patrn, which it purchased in 2008. By entering this site you agree to our cookie policy, terms and conditions and privacy policy. Heirs invested in McCaw Cellular. Global spirits giant Bacardi Limited will acquire Patrn Spirits International AG, maker of the popular Patrn tequila, at an enterprise value of $5.1 billion, the companies announced on Monday.. Great-grandson Harold (d.1990) diversified into packaging systems, engineering components, medical and computer supplies. Conservative, pro-business leanings over the years. reality television series Keeping Up with the Kardashians from 2007 to 2021 and is the founder and owner of cosmetic company Kylie Cosmetics.She is the third-most-followed person on Instagram.. At age 14 in 2012, Jenner collaborated with the clothing brand PacSun . She studied Art and Literature at the University of Bologna and University of Trieste. Fierce competition in growing market led family to sell in 1992. De Youngs Chronicle long fought with rival Hearsts Examiner; now jointly publish Sunday edition. In 1934 we didnt know what college was; we went to work.. Bacardi continues to fight in the courts, attempting to legalize their own Havana Club trademark outside the United States.[24]. Founded Christiana Securities as family holding company for DuPont. The estimated net worth of Jay-Z is $1.3B, according to Marca. Hawaii Family fortune founded by patriarch James Campbell (d. 1900). One branch: Collier Enterprises, led by Miles Collier, 51. Became manager, but after snub from owner opened own store next door. Sold insurance business to General Electric for $1.8 billion cash. Company and family prospered, dominated Powder Trust late 1800s. Efforts under this platform are aligned to the United Nations Sustainable Development Goals (SDGs). Bacardi Limited is the group of companies as a whole and includes Bacardi International Limited. Explore our rich heritage and discover more about Bacardi. In his account he described how "on one side there was a wooden stage with two streamers Hatuey beer and Bacardi rum on each end and a Cuban flag in the middle. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. Son Otis took over 1960; turned paper liberal in attempt to rival New York Times. Next to the stage was a bar, at which people crowded, ordering daiquiris and beer, all free.[33] A sign at the event read "Bacardi rum welcomes the author of The Old Man and the Sea". Pulitzer $1.6 billion Publishing. The lawsuit was settled in January after TCI agreed to return half the sold stock and pay an additional $124 million in cash. Alfond $1.6 billion Dexter Shoe. Left business to 3 sons: Seymour, Roy, David. No Mennens remain on Colgate board. Family also has holdings in Lexington Global Asset Managers, Chartwell RE Corp., Vanguard Cellular. (Later, under antitrust pressure from the Justice Department, merged into DuPont 1977). A regional player in a consolidating business, vows to stay private: Were absolutely not for sale. Now worlds largest educational publisher: trade magazines, TV stations, book publishing, CD-ROMs, on-, line database services, Internet. It turns out to be a brilliant call and sparks a time of spectacular success. Dad acquired Ethyl Corp. 1962, expanded into plastics, metals. [40], Rousseau, Bryant. Outside, on both sides of the eight-story building, more than 28,000 tiles painted and fired by Brazilian artist Francisco Brennand, depicting abstract blue flowers, were placed on the walls according to the artist's exact specifications. St. Louis Bavarian immigrant Adolphus Busch married Lilly Anheuser 1861; joined father-in-laws brewery 1864. [5] Facundo began attempting to "tame" rum by isolating a proprietary strain of yeast harvested from local sugar cane still used in Bacardi production today.