Don Vultaggio

Don Vultaggio
Born Domenick Vultaggio
1951/1952 (age 66)[1]
Residence Port Washington, New York, US
Nationality American
Occupation Businessman
Known for Co-founder and CEO, Arizona Beverage Company
Home town Flatbush, Brooklyn, New York, US
Net worth US$3.0 billion (October 2018)[1]
Spouse(s) Irene Vultaggio
Children 2 sons

Domenick "Don" Vultaggio (born 1951/1952) is an American billionaire businessman, the co-founder of Arizona Beverage Company.

Early life

Vultaggio grew up in Flatbush, a working-class neighborhood of Brooklyn, New York.[2] His father was the manager of an A&P supermarket.[2]

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

He is married to Irene, they have two sons, and live in Port Washington, New York.[1][4] Their sons, Wesley and Spencer Vultaggio both work for the company, Wesley as creative director.[5]

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.[4]

References

  1. 1 2 3 4 5 "Forbes profile: Don Vultaggio". Forbes. Retrieved 14 October 2018.
  2. 1 2 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.
  3. Raymond, Nate (14 October 2014). "Judge rules AriZona iced tea co-founder, son owed $1 billion for buyout". Reuters. Retrieved 14 October 2018.
  4. 1 2 Bear, Rob (29 April 2013). "The Magnificent Mansions of Five Famous Beverage Barons". Curbed. Retrieved 14 October 2018.
  5. Enamorado, Miguel (11 July 2012). "AriZona 20 Years: Wesley and Spencer Vultaggio". Interview Magazine. Retrieved 14 October 2018.
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