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