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He Gave Away a $100M Company to His Employees – Here’s Why It Worked

by Rena Tran
July 31, 2025
in Business
He Gave Away a $100M Company to His Employees – Here’s Why It Worked

Bob Moore

Robert Gene “Bob” Moore didn’t just build a business, he built a legacy. Born in Portland, Oregon in 1929, Moore founded Bob’s Red Mill Natural Foods in 1978 alongside his wife, Charlee Moore with a vision rooted in wholesome ingredients, traditional stone milling, and Christian values. By the time of his passing in February 2024, just five days before his 95th birthday, Moore had created a globally recognized brand and one of the most admired employee-owned companies in America.

The Humble Beginnings of a Natural Foods Giant

What started in a repurposed feed mill in Milwaukie, Oregon soon became a mainstay on grocery shelves across the world. Inspired by his passion for whole grains and traditional milling techniques, Moore launched Bob’s Red Mill with a mission to offer nutritious, minimally processed foods.

He revived stone-ground milling, a method that preserves nutrients and flavor, and introduced customers to now-mainstream staples like steel-cut oats, whole wheat flour, and gluten-free baking mixes.

By 2010, Bob’s Red Mill had grown into a $100 million company, with more than 200 products sold in over 70 countries.

A Radical Commitment to Shared Prosperity

Moore’s most defining act as a leader wasn’t just what he built, but how he chose to give it away.

On his 81st birthday in 2010, Moore shocked employees by announcing that he would transfer full ownership of the company to them through an Employee Stock Ownership Plan (ESOP).

“The Bible says to do unto others as you would have them do unto you,” he explained.

This bold move reflected Moore’s deeply held belief in equity, dignity, and doing right by people. By 2020, Bob’s Red Mill had become 100% employee-owned, with over 700 employee-owners benefiting directly from the company’s growth.

Today, it’s considered a textbook example of how employee ownership can foster loyalty, drive, and long-term value.

Branding with a Beard and a Promise

Moore’s white beard, red vest, and smiling face weren’t just a marketing gimmick, they embodied the authenticity that built trust with customers. His likeness remains the centerpiece of the brand’s packaging, symbolizing transparency and tradition in an era dominated by anonymous corporations.

Bob’s Red Mill didn’t rely on celebrity endorsements or viral ads. It won hearts, and market share, through integrity, consistency, and community connection.

Legacy Beyond Revenue

While the company’s financial success is impressive, Moore’s legacy is equally defined by his philanthropy and philosophy. He supported nutrition education, Christian ministries, and local communities, always advocating for food that heals rather than harms.

He remained on the board of the company until his death, guiding its evolution without compromising on its core mission. Bob’s Red Mill continues to thrive as a values-driven company in a highly competitive industry, a rare feat in modern business.

Why Bob Moore Matters

Bob Moore represents a rare breed of entrepreneur, one who saw business as a means to uplift others, not just himself. His decision to give away his company was more than generous, it was visionary. At a time when conversations around wealth, ownership, and equity dominate headlines, Moore proved that long-term success can be built on trust, purpose, and people-first leadership.

He didn’t just feed the world with better food, he nourished the idea that capitalism can be kind.

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Tags: #BobMoore#BobsRedMill#EmployeeOwnership#ESOPModel#LegacyLeadership#NaturalFoods#OregonEntrepreneurs#ValuesDrivenBusiness
Rena Tran

Rena Tran

Staff writer and editorial researcher at Millionaire News, a business publication covering entrepreneurs, founders and executives across global markets. Rena covers founder stories, startup ecosystems and emerging business leaders across Asia, the Middle East and beyond.

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