He owns a tequila company[4] and a bourbon distillery in Bardstown, Kentucky, which his wife Marci and he opened in 2018.

Marci Palatella was charged in connection to 2019 college admissions bribery scandal and is facing mail fraud charges for allegedly paying $575,000 to a nonprofit that allegedly assisted in her son's SAT test and conspiring to bribe a University of Southern California athletic director to designate her son as a football recruit.

[10][11] The next day, she officially pled guilty to conspiracy to commit honest services mail fraud.

[12] On December 16, 2021, Marci was sentenced to six weeks in prison, a $250,000 fine, two years of supervised release, with a condition of home confinement for the first six months of supervised release, and 500 hours of community service, as previously recommended by both the prosecution and defense.

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