Don Vultaggio | |
---|---|
Born | Domenick Vultaggio 1951or1952(age 71–72) [1] |
Nationality | American |
Occupation | Businessman |
Known for | Co-founder and chairman, Arizona Beverage Company |
Spouse | Ilene Vultaggio |
Children | 2 |
Domenick "Don" Vultaggio (born 1951/1952) is an American billionaire businessman, the co-founder and chairman of Arizona Beverage Company. [2] [3] As of July 2024, his net worth was estimated at US$6.5 billion. [1]
Vultaggio grew up in Flatbush, a working-class neighborhood of Brooklyn, New York City, New York. [4] His father was the manager of an A&P supermarket. [4]
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] [5]
Vultaggio is married to Ilene, an artist. [6] They have two sons, and live in Port Washington, New York. [1] [7] Their sons both work for the company; Wesley as chief creative officer and Spencer as chief marketing officer. [6]
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. [7]
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