The Fanjuls are most well-known for being sugar barons. Prior to fleeing Cuba and settling in Florida following Fidel Castro’s 1959 revolution, the family had, over generations, amassed a fortune through growing and marketing sugar. When they moved to the U.S. they kept this business tradition alive, and with great success: the family bought lands, planted sugar canes, built factories, created partnerships, and expanded to other countries. The Fanjuls own about 400,000 acres of sugar cane plantations, half of which are in Florida and the other half in the Dominican Republic. Their main sugar holding company is American Sugar Refining, Inc. (ASR), which is a partnership between the Fanjul family’s Florida Crystals and the Sugar Cane Growers Cooperative of Florida. American Sugar Refining controls refineries by ownership or shareholder status in four states and six countries. The company’s American brands include Domino, Florida Crystals, Redpath, Tate & Lyle, and C&H.
Meet the Florida-based Fanjul brothers, who inject money to both political parties and dominate an industry that enjoys billions of dollar’s worth of subsidies and protections. Last week, historical documents were released showing that the sugar industry paid Harvard scientists in the 1960s to...
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