Summerfield Johnston, Jr. Net Worth

Summerfield Johnston Jr. was born into a family of Coca-Cola bottlers, and he inherited the family business, Johnston Coca-Cola, which he turned into the largest independent Coke bottler in the world. In 1991, Coca-Cola Enterprises bought Johnston's Chattanooga-based outfit and brought him in to run the larger operation. He successfully decentralized operations and empowered local bottlers, and he held a 7% stake in Coca-Cola Enterprises until his retirement in 2007. Johnston also inherited a love for polo from his father, and the Bendabout Farm outside of Chattanooga has hosted polo tournaments since 1972. Unfortunately, his son Summerfield III died tragically in a polo accident in 2007.
Summerfield Johnston, Jr. is a member of Food and Beverage

Age, Biography and Wiki

Birth Day August 28, 1932
Birth Place United States
Birth Sign Virgo
Education University of Virginia
Occupation Businessman, polo player
Spouse(s) Lavinia Dabney Neill Johnston Gil Johnston
Children Lavinia Johnston Summerfield Johnston III Gillian Johnston
Parent(s) Summerfield Johnston Sr.

💰 Net worth: $1.1 Billion (2024)

Summerfield Johnston, Jr.'s remarkable success in the food and beverage industry has established him as one of the wealthiest individuals in the United States. As of 2024, his net worth is estimated to be an impressive $1.1 billion. With his exceptional business acumen and strategic decision-making, he has carved a niche for himself in this highly competitive sector. Summerfield Johnston, Jr.'s entrepreneurial ventures and investments have catapulted him to the upper echelons of the industry, positioning him as a prominent figure in the world of food and beverage.

2015 $1 Million
2016 $1.1 Million
2018 $1.1 Million

Some Summerfield Johnston, Jr. images



Summerfield Johnston Jr. was born in 1932 and grew up on the 4,000-acre Bendabout Farm in McDonald, Bradley County, Tennessee. His grandfather was James F. Johnston, the founder of the Coca-Cola Bottling Company, the first Coca-Cola franchisee. His Father, Summerfield Johnston Sr., worked for the family Business. He graduated from the University of Virginia, where he played polo in 1951.


Johnston is a left-handed polo player. In the 1950s, he organized polo matches on his family farm in McDonald, Tennessee. He later founded the Chattanooga Polo Club, later known as the Bendabout Polo Club. He served as the long-time President of the Gulfstream Polo Club in Lake Worth, Florida. He served as Vice President of the United States Polo Association from 1979-1989, President from 1980-1984 and as Chairman from 1984-1988, and still sits on its Board as a governor-at-large. He owns the Flying H ranch in Big Horn, Wyoming, home to the Flying H Polo Club, and the Everglades Polo Club in Wellington, Florida.


He joined the Board of Directors of the Coca-Cola Bottling Company in 1959. In 1991, he merged it with Coca-Cola Enterprises. He served as its Chairman and CEO from 1991 to 2001.


In 1982, he was awarded the Hugo Dalmar Trophy for exemplary sportsmanship. On February 17, 2001, he was inducted into the Museum of Polo and Hall of Fame. He is a proponent of the return of polo to the Olympic Games.