U.S. Representative for Minnesota’s 3rd congressional district since 2019, American businessman and politician Dean Benson Phillips (born January 20, 1969). Bloomington, Minnetonka, Edina, Maple Grove, Plymouth, and Eden Prairie are all part of Phillips’s district, which is located in the western suburbs of the Twin Cities.
Phillips, a registered Democrat, is the current president and CEO of the Phillips Distilling Company, the family business he helped build. He is the previous co-owner of Talenti gelato and co-owns Penny’s Coffee.
Dean Phillips Net Worth
Dean Phillips, a Democrat politician and businessman, is worth an estimated $80 million. After being elected for the first time in 2018, Dean Phillips now represents Minnesota’s 3rd congressional district in Washington, D.C.
He is the current president and CEO of the Phillips Distilling Company, which his family founded, as well as the creator and co-owner of Penny’s Coffee and the former co-owner of the gelato brand Talenti. Phillips declared his candidacy for the 2024 US presidential election against Joe Biden, the incumbent Democrat, in 2023.
Dean Phillips Early Life and Education
On January 20, 1969, in St. Paul, Minnesota, Dean Phillips was born to Jewish parents DeeDee Cohen and Artie Pfefer under the name Dean Pfefer. Phillips’s father was killed in Vietnam while he was just a baby, and his mother remarried Phillips Distilling Company heir Eddie Phillips. Dean Phillips received both his elementary and secondary education from the Blake School.
He continued his education at Brown University, from where he graduated in 1991. Phillips worked for InMotion, a manufacturer of bicycle equipment and apparel, and for his family’s business before returning to school to earn an MBA from the Carlson School of Management at the University of Minnesota.
Dean Phillips Business Career
Phillips joined the family firm after earning his MBA in 2000 and quickly rose through the ranks to become president and CEO of Phillips Distilling Company. The corporation, which has its headquarters in Minneapolis, Minnesota, makes a wide variety of alcoholic beverages, such as gin, rum, vodka, Canadian whiskey, and brandy.
It also makes Gin-Ka, Phillips Union Whiskey, and a line of schnapps that are 100 proof. Phillips left the distillery in 2012 to work for the gelato company Talenti, which he did until its sale to Unilever in 2014. A few years later, Phillips established the coffee shop franchise Penny’s Coffee in the Twin Cities area.
Dean Phillips US House of Representatives
Phillips was a Democrat running in Minnesota’s 3rd congressional district in 2018. In the Democratic primary, he faced off against Cole Young, a former sales assistant; in the general election, he defeated Republican incumbent Erik Paulsen. Phillips’s victory marked the first time a Democrat had been elected to represent the district since 1958, when it was last held by a Republican.
He defeated businessman Kendall Qualls in 2020 and retired US Navy submarine officer Tom Weiler in 2022 to retain his seat. Phillips has always agreed with Vice President Joe Biden’s public policy ideas, as seen by the ABC News congressional vote tracker 538.
At the beginning of his first term, the McCourt School of Public Policy at Georgetown University placed him 27th out of 435 members in terms of bipartisanship. Phillips is a former member of the New Democrat Coalition, the Problem Solvers Caucus, and the Congressional LGBT Equality Caucus.
Dean Phillips Election for President in 2024
Phillips hinted to a possible run for the Democratic nomination in the 2024 presidential election during the summer of 2023. In October of that year, he formally declared his intention to run against Joe Biden for the Democratic nomination for president.
Dean Phillips Private Matters
Phillips wed Karin Einisman, his first wife, in 1995. After 20 years of marriage and the birth of two children, the couple decided to divorce in 2015. Phillips tied the knot with Annalise Glick in 2019.
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