Name
William Young
William Young
Ypsilanti, Michigan
Bachelor of Science in Engineering, University of Detroit Mercy
United States
8
plastics, Self Made
$2,300,000,000
1008
1
#1008 Billionaires 2019
#354 Forbes 400 2018
William Young is CEO of $2.7 billion (sales) plastic container maker Plastipak.Young and his father founded Plastipak in 1967, shortly after Bill graduated from the University of Detroit Mercy with an engineering degree.After six years of running the business, the duo sold the majority to Beatrice Foods for an undisclosed amount.In 1982, the family bought back Plastipak; three decades later, they sold a minority stake to a division of Goldman Sachs.His father died in 2005 at age 90.
Plastipak holds over 600 U.S. patents for package design and manufacturing processes. Plastipak manufactures plastic packaging for companies such as Procter & Gamble, Pepsi and Kraft Foods.
78
4
Add a review