Who owns Smithfield Foods now?

Smithfield Foods is owned by the WH Group, a major Chinese meat producer formerly known as Shuanghui International Holdings. WH Group purchased Smithfield Foods for approximately $ 7.1 $ 7 . 1 billion (including debt) in 2013, marking it as a significant subsidiary of the Hong Kong-listed company.

Who actually owns Smithfield Foods?

2013 purchase by Shuanghui Group

On May 29, 2013, WH Group, then known as Shuanghui Group and sometimes also Shineway Group, the largest meat producer in China, announced the purchase of Smithfield Foods for $4.72 billion, a sale first suggested in 2009.

Who is the largest shareholder of Smithfield Foods?

As of April 2025, WH Group, a publicly listed entity on the Hong Kong Stock Exchange (HKEX: 0288.HK), maintains substantial control over Smithfield Foods. WH Group beneficially owns nearly 93% of Smithfield Foods' outstanding shares, solidifying its position as the primary Smithfield Foods owner.

Who bought Nathan's Famous?

Iconic Coney Island staple Nathan's Famous has been sold to Smithfield Foods in a $450M all-cash deal.

Who is the owner of WH Group?

Wan Long (Chinese: 万隆; born 1940) is a Chinese billionaire businessman, the chairman and CEO of WH Group, the world's largest pork company, with subsidiaries including Smithfield Foods in the US.

Smithfield Foods sold to Shuanghui International Holdings Ltd.

Is WH Group owned by China?

On the one hand, WH Group is a private company that's traded on the Hong Kong stock exchange. Smithfield CEO Larry Pope testified to Congress in 2013 that WH Group was not managed or run by the Chinese government, and Smithfield itself is still managed by American executives.

How rich is Joey Chestnut?

As of 2025, Joey Chestnut's net worth is estimated at $4 million. He earns between $250,000 and $500,000 annually through prize money, endorsements, public appearances, and his growing condiment business.

Is Nathan's Famous still family owned?

The Handwerker family sells off the Nathan's Famous business to private investors, who then expanded franchise operations around New York.

Which bacon comes from China?

Lop Yuk and Sam Gyup Sal

In China, bacon is known as “lop yuk.” Unlike bacon in the United States, Chinese-style bacon usually originates from pork loin instead of belly. The bacon is then salted and cured, before being sold in markets throughout the country.

How much is Joe Luter's net worth?

Joseph W. Luter III of Smithfield and Washington, $75 million.

How much does the CEO of Smithfield Foods make?

SEC filings show Smithfield Foods CEO made $14.9 million in 2024.

How much of our food comes from China?

The remainder included a wide variety of products, many associated with Asian cuisine. Despite the rapid growth, less than 1 percent of the U.S. food supply comes from China. For a few specific items, like apple juice, garlic, canned mandarin oranges, fish, and shrimp, China is a major supplier.

Who owns most of the pork industry in the United States?

Who's the Largest Pork Producer in the United States? The largest pork producer in the U.S. is Smithfield Foods. Though it was founded and is based in the U.S., Smithfield was purchased in 2013 by a Chinese company called the WH Group, which still owns it today.

Who is Jim Monroe Smithfield Foods?

Jim Monroe joined Smithfield as vice president, corporate affairs in September 2021, leading the company's government affairs, corporate communications and community development programs.

Does a Chinese company own Nathan's hot dogs?

Nathan's Famous, an iconic American hot dog maker and fast-food chain, was sold to Smithfield Inc., a Chinese-owned pork producer, in a $450 million all-cash deal. The two companies announced the merger in a statement Tuesday.

Who makes the best hot dogs in the USA?

Don't skimp: Get the best.

• Editor's Choice: Nathan's Famous Skinless Beef Franks. ...
• The Umami Dog: Hebrew National Beef Franks. ...
• The Over-the-Top Flavor Dog: Oscar Mayer Uncured Original Wieners. ...
• The Snappiest Dog: 365 Everyday Value Organic Uncured Grass-Fed Beef Hot Dog. ...
• The Hot Dog We'd Skip: Ball Park Classic Franks.

What is Nathan's famous net worth?

Nathan's Famous net worth as of January 18, 2026 is $0.38B.

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding.

Where does Joey Chestnut live?

He is a Vallejo, California native and resides in Westfield, Indiana.

What is Lisa and Ken's net worth?

Ken Todd, AKA Ken Vanderpump, is a British-American businessman and restaurant owner who has a net worth of $90 million. That is a combined net worth with his wife, Lisa Vanderpump.

What is Shane Smith's net worth?

He also conducted the first public interview with the Eagles of Death Metal following the 2015 terrorist shooting at their show at the Bataclan in Paris that left 89 dead. In 2015, Canadian Business placed him on "Canada's Richest People", claiming his net worth to be at $1.27 billion.

Does China import US pork?

Approximately 55% of pork variety meats (offal) exports go to China. NPPC will continue to advocate for market access for U.S. pork products and facilities.

Is Hatfield Family owned?

We are proud to be an integral part of the Clemens Food Group—a family-owned company that specializes in delivering solutions that make our customers' lives easier.