WhereIsAtlas · Spirits
Patrón Tequila
The premium tequila that turned a humble agave spirit into a luxury symbol — and was bought by Bacardi for $5.1 billion
Transformed — Patrón is a genuine, hugely successful premium tequila brand founded in 1989 by John Paul DeJoria and Martin Crowley. It became the symbol of luxury tequila and was acquired by Bacardi in 2018 for about $5.1 billion. It is not a fake or a scam — it is a real, verified brand.
Patrón Tequila is a premium tequila brand founded in 1989 in Jalisco, Mexico, by John Paul DeJoria and Martin Crowley. DeJoria was already a successful entrepreneur as co-founder of the hair-care company Paul Mitchell; he and Crowley set out to create a tequila that felt truly premium and luxurious — the kind of spirit you sipped in a sophisticated glass rather than knocked back.
The brand's distinctive hand-blown glass bottle and its positioning as a sipping tequila helped set it apart. Patrón became the symbol of premium tequila, and it grew into one of the most recognized and valuable luxury spirits brands in the world.
In 2018, the spirits giant Bacardi acquired Patrón for about $5.1 billion — one of the largest deals in the tequila business. The brand remains immensely popular and widely available. Rumors that Patrón (or other tequila brands) were fake or recalled have been debunked by fact-checkers: Patrón is a genuine, verified and successful brand, not a scam.
Quick facts
- Founded
- 1989, Jalisco, Mexico
- Founders
- John Paul DeJoria (Paul Mitchell co-founder) & Martin Crowley
- Signature
- The hand-blown glass bottle, premium sipping positioning
- Acquired by
- Bacardi, 2018 (≈ $5.1 billion)
- Is it a scam? No — a real, verified brand (debunked recall rumor)
- Today
- One of the most recognized luxury tequila brands
Sources
- Who started Patrón? — Patrón Tequila (2026-09-05)
- Bacardi buys Patrón Tequila in $5.1 billion deal — The Drinks Business (2026-09-05)
- No evidence popular tequila brands recalled — PolitiFact (2026-09-05)