C hristopher Goldsbury is an American billionaire who made his fortune in the food industry with Pace Foods, the maker of the famous Pace Picante Sauce. He joined the company, which was founded by his father-in-law, in the 1960s and eventually became its president. He later bought out the other family members to become the sole owner.
Under his leadership, Pace Foods grew from a regional brand into the number one selling salsa and picante sauce in the United States. His success was driven by effective marketing and a focus on quality. In 1994, he sold Pace Foods to the Campbell Soup Company for $1.1 billion. Since the sale, he has run his private equity firm, Silver Ventures, which has been the primary vehicle for developing the historic Pearl Brewery area in San Antonio into a vibrant, mixed-use culinary and cultural destination. He is also a major philanthropist in the San Antonio area.
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