World & BusinessDavid protein bar owner reportedly raises $250 million at a $2.25 billion valuation
Forbes says RxBar founder Peter Rahal is now a billionaire. His company, Medici Brands, owns David protein bars and HallPass candy.
TLDR
Peter Rahal’s Medici Brands raised $250 million at a $2.25 billion valuation, Forbes reports, calling it the biggest food deal of 2026. The company owns David protein bars and HallPass candy. Forbes also says Rahal, who founded RxBar, is now a billionaire.
David protein bar owner reportedly raises $250 million at a $2.25 billion valuation
Forbes says RxBar founder Peter Rahal is now a billionaire. His company, Medici Brands, owns David protein bars and HallPass candy.
TLDR
Peter Rahal’s Medici Brands raised $250 million at a $2.25 billion valuation, Forbes reports, calling it the biggest food deal of 2026. The company owns David protein bars and HallPass candy. Forbes also says Rahal, who founded RxBar, is now a billionaire.
