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Bacardi Limited is the largest privately held, family-owned spirits company in the world. It is originally known for its eponymous Bacardi White Rum. Now, it has a portfolio of more than 200 brands and labels. It was founded by Don Facundo Bacardi Masso in 1862. Don Facundo was a Spanish Merchant and was born in Sitges, Catalonia Spain in 1814, then he emigrated to Cuba in 1830. The company employs 6,000 people and it manufactures at 29 facilities in 16 markets on four continents. In 150 countries, it sells a lot of its product. The company sells more than 200 million bottles per year and in 2007, the company's sales were US$5.5 billion up to $4.9 billion in 2006.