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Fortune
Fortune
Sunny Nagpaul

Meet Craig Underwood, the 82-year-old farming millionaire whose chilis made sriracha hot until a mysterious fight destroyed the business

(Credit: Spencer Lowell for Fortune)

In the 1980s, Craig Underwood was a fourth-generation California farmer, struggling with the region’s changing agricultural landscape, when he stepped up to meet a need in the marketplace: red jalapeño peppers.

The call came from David Tran, a Cantonese refugee from Vietnam who had arrived in the Golden State a few years before. He had developed a sauce that he intended for fans of the Southeast Asian flavor profile, called sriracha, but he needed a supplier.

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