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 68–69)[1]
NationalityAmerican
OccupationBusinessman
Known forCo-founder and CEO, Arizona Beverage Company
Net worthUS$3.8 billion (November 2020)[1]
Spouse(s)Irene Vultaggio
Children2

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
  1. "Forbes profile: Don Vultaggio". Forbes. Retrieved 6 May 2020.
  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. Enamorado, Miguel (11 July 2012). "AriZona 20 Years: Wesley and Spencer Vultaggio". Interview Magazine. Retrieved 14 October 2018.
  5. Bear, Rob (29 April 2013). "The Magnificent Mansions of Five Famous Beverage Barons". Curbed. Retrieved 14 October 2018.
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