You may not have heard of America’s richest spirits billionaire, but odds are you’ve sipped one of his offerings. Or, more likely, chugged it. William Goldring, 73, built his empire on a simple model: ...

Rum, like most other booze, gets better with age. That being said, rum doesn’t demand decades spent in the barrel to reach well-aged, nuanced heights — thereby making it all-around more affordable.

Medieval alchemists tried to turn water into an elixir of immortality; at an Alvin industrial park, Persedo Spirits is perfecting the only slightly-less-difficult task of turning bad liquor into good.

Rum can be as aged and complex as whisky. Rum is cheap. Rum is sweet. And rum is only good for tropical or tiki drinks that are extremely sweet, fruity and best experienced while on a warm weather ...