Don Vultaggio
Don Vultaggio | |
|---|---|
| Born | Domenick Vultaggio 1951 or 1952 (age 71–72)[1] |
| Nationality | American |
| Occupation | Businessman |
| Known for | Co-founder and CEO, Arizona Beverage Company |
| Spouse | Ilene Vultaggio |
| Children | 2 |
Domenick "Don" Vultaggio (born 1951/1952) is an American billionaire businessman, the co-founder of Arizona Beverage Company. As of August 2022, his net worth was estimated at US$4.4 billion.[1]
Early life
Vultaggio grew up in
Career
In 1992, he and John Ferolito started Arizona from a warehouse in Brooklyn.[1]
In 2015, following a lengthy and bitter legal battle, he bought out Ferolito for about $1 billion.[1][3]
Personal life
Vultaggio is married to Ilene, an artist.[4] They have two sons, and live in Port Washington, New York.[1][5] Their sons both work for the company, Wesley as chief creative officer and Spencer as chief marketing officer.[4]
In 2004, they bought a two-acre "private peninsula" in Sands Point, Long Island for $4 million, and finished building a 30-room mansion in 2007.[5]
References
- ^ a b c d e "Forbes profile: Don Vultaggio". Forbes. Retrieved 16 August 2022.
- ^ a b Peterson-Withorn, Chase (17 October 2017). "Inside Arizona Iced Tea: How Don Vultaggio Beat Snapple, Became A Billionaire And Nearly Lost It All". Forbes. Retrieved 14 October 2018.
- ^ Raymond, Nate (14 October 2014). "Judge rules AriZona iced tea co-founder, son owed $1 billion for buyout". Reuters. Retrieved 14 October 2018.
- ^ a b Enamorado, Miguel (11 July 2012). "AriZona 20 Years: Wesley and Spencer Vultaggio". Interview Magazine. Retrieved 14 October 2018.
- ^ a b Bear, Rob (29 April 2013). "The Magnificent Mansions of Five Famous Beverage Barons". Curbed. Retrieved 14 October 2018.
External links
- Vultaggio hosting a Reddit AMA