Don Vultaggio
Domenick "Don" Vultaggio (born 1951/1952) is an American billionaire businessman, the co-founder of Arizona Beverage Company.
Don Vultaggio | |
|---|---|
| Born | Domenick Vultaggio 1951/1952 (age 67–68)[1] |
| Nationality | American |
| Occupation | Businessman |
| Known for | Co-founder and CEO, Arizona Beverage Company |
| Home town | Flatbush, Brooklyn, New York, US |
| Net worth | $2.8 billion (May 2020)[1] |
| Spouse(s) | Irene Vultaggio |
| Children | 2 sons |
Early life
Vultaggio grew up in Flatbush, a working-class neighborhood of Brooklyn, New York City, 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
Vultaggio is married to Irene, an artist.[4] They have two sons, and live in Port Washington, New York.[1][5] Their sons, Wesley and Spencer Vultaggio both work for the company, Wesley as creative director.[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
- "Forbes profile: Don Vultaggio". Forbes. Retrieved 6 May 2020.
- 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.
- Enamorado, Miguel (11 July 2012). "AriZona 20 Years: Wesley and Spencer Vultaggio". Interview Magazine. Retrieved 14 October 2018.
- 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