$150 million initiative led by philanthropists David and Jerri Hoffman will transform area into a world-class wine tourism destination

David Hoffmann, the visionary entrepreneur and philanthropist behind the Hoffmann Family of Companies, and his wife, Jerri continue to make national headlines for their sweeping business ventures, transformative community revitalization efforts, and deep philanthropic commitments.

As founder and chairman of the Hoffmann Family of Companies, Hoffmann leads one of the world’s largest privately held family-owned conglomerates.

The company operates over 200 brands and properties across 30 countries, employing more than 16,000 people worldwide.

Its vast portfolio spans agriculture, aviation, financial services, hospitality, manufacturing, marine, media, marketing, real estate, and transportation—a testament to Hoffmann’s keen eye for strategic growth and diversified investment.

One of his most ambitious current undertakings is a $150 million initiative to transform Augusta, Missouri, into a world-class wine tourism destination—dubbed the “Napa Valley of the Midwest.”

This project blends high-end hospitality, winemaking, and cultural development to revitalize the historic town and attract global attention.

This effort mirrors Hoffmann’s broader legacy of revitalizing downtown areas in communities like Naples, Florida; Winnetka, Illinois; Mackinac Island, Michigan; and now, Augusta, Missouri.

In each case, his efforts have spurred economic growth, preserved local character, and fostered vibrant cultural life.

Hoffmann’s business credentials are equally impressive. He founded DHR International (now DHR Global), which became the world’s largest privately held executive search firm. He also launched Osprey Capital LLC, a private family investment office that manages a wide range of global holdings.

Yet, beyond his business empire, Hoffmann is widely admired for his philanthropy.

A steadfast supporter of causes in healthcare, youth, and the arts, he has contributed generously to organizations such as the Boys and Girls Club of Naples, JDRF (Juvenile Diabetes Research Foundation), and the Everglades Foundation, among others.

In 2023, Hoffmann was honored with the prestigious Horatio Alger Award, recognizing his journey from humble beginnings to extraordinary success.

Born in 1952 in Missouri, he grew up in modest circumstances and often credits his upbringing with shaping his values of resilience, ambition, and generosity.

With a rare combination of entrepreneurial drive and community-minded vision, David Hoffmann continues to reshape regions, inspire new models of civic investment, and leave a lasting legacy rooted in purpose, innovation, and giving back.