John S. Middleton
|John S. Middleton|
|Education||Amherst College (B.A.)
Harvard Business School (MBA)
|Net worth|| US$1.8 billion
The Middleton family descend from John Middleton, who founded John Middleton Co., a Philadelphia tobacco shop that evolved into a cigar company, in 1856. Middleton's father, Herbert, bought a 15% stake in the Phillies for $18 million in 1983.
Middleton attended the Haverford School in Haverford, Pennsylvania. He graduated from Amherst College in 1977 with his bachelor's degree and from Harvard Business School in 1979 with his Master of Business Administration. Amherst presented Middleton with the Medal for Eminent Service in 2004.
Middleton heads Bradford Holdings, an umbrella company whose subsidiaries include McIntosh Inn hotels, Dock Street Capital, Double Play, Inc., and an ownership stake in the Philadelphia Phillies. Middleton inherited the family company and ownership stake in the Phillies from his father. He bought family members out of their family conglomerate in 2003 for approximately $165 million with an additional payment of $54 million in dividends. He then sold the John Middleton Co. to Altria for $2.9 billion in 2007. By 2015, with Phillies' chairman David Montgomery undergoing treatment for cancer, Middleton began to take a more active role in the Phillies.
Middleton and his wife, Leigh, won The Philadelphia Award for 2013, given for their philanthropic works. Middleton is involved with organizations that include, the Philadelphia Museum of Art, Penn Medicine, the Bryn Mawr Presbyterian Church, Project HOME, the Harvard Business School Club, the National Foundation for Ectodermal Dysplasias, and the Academy of Natural Sciences. He serves as a member of the board of trustees of Amherst College, which awarded him its Medal for Eminent Service in 2004 in recognition of his dedication to the college.
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- "John S. Middleton ’77". Amherst.edu. Amherst College. Retrieved 30 June 2015.
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- "Amaros mandate for 2015 Phillies: Instant Makeover". delcotimes.com. Retrieved June 30, 2015.
- "If you ever wondered how Phillies owner John S. Middleton made his $2.9 billion...". CSNphilly.com. CSN Philly. Retrieved 4 January 2016.
- "The Middleton Center". Bryn Mawr Presbyterian Church. Retrieved 4 January 2016.
- Mcquade, Dan. "New York Times Plays Up Project HOME's Success". Phillymag.com. Phillymag.com. Retrieved 4 January 2016.
- "Hope" (PDF). nfed.org. nfed.org. Retrieved 4 January 2016.