Bacardi is a family-controlled spirits
Distilled beverage
A distilled beverage, liquor, or spirit is an alcoholic beverage containing ethanol that is produced by distilling ethanol produced by means of fermenting grain, fruit, or vegetables...

 company, best known as a producer of rum
Rum is a distilled alcoholic beverage made from sugarcane by-products such as molasses, or directly from sugarcane juice, by a process of fermentation and distillation. The distillate, a clear liquid, is then usually aged in oak barrels...

s, including Bacardi Superior
Bacardi Superior
Bacardi Superior is rum made by the Bacardi Company. In the US it is 80 proof, containing 40% abv . It is colourless and easy flowing and is thin in the body. This rum is mostly used to make cocktails calling for a white rum such as Cuba Libre, Daiquiri, Piña Colada, and Bacardi cocktail...

 and Bacardi 151
Bacardi 151
Bacardi 151 is an over-proof rum. The 151-proof liquor has an alcohol content of 75.5%, compared to the usual 35%-40%.Due to its high proof, it is typically used as a component in cocktails...

. The company sells in excess of 200 million bottles per year in nearly 100 countries. The company's sales in 2007 were US$5.5 billion, up from $4.9 billion in 2006.

Bacardi is headquartered in Hamilton, Bermuda
Hamilton, Bermuda
Hamilton is the capital of the British Overseas Territory of Bermuda. It is the territory's financial centre and a major port and tourist destination.-Geography:...

 and has a 16-member board of directors led by the original founder's great-great grandson, Facundo L.