Don Vultaggio & family

Don Vultaggio & family

Don Vultaggio & family (#712)

Global Rank #712
Country Rank #271
Country United States

The simple math says if you get the price that makes a consumer want to buy it and buy it again, and the competition doesn't look as good or taste as good, you've got a business.

  • $ 6 B
  • Beverages
  • United States
  • M
  • 74 Years

Snapshot

Quick Facts

Global Rank #712
Country Rank #271
Net Worth $5.8B
Previous Worth $5.8B
Worth Change +$0.0B
Country United States
Industry Beverages
Age 74 Years
Gender M
Worth As Of May 4, 2026
Residence Port Washington, New York
Citizenship United States
World Billionaires List United States Billionaires Beverages

Profile Data

Personal Stats

Age 74
Source Of Wealth Beverages, Self Made
Self Made Score 10
Philanthropy Score 1
Residence Port Washington, New York
Citizenship United States
Marital Status Married
Children 2
Education High School Graduate, High School
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $5.8B
Current Net Worth $5.8B

Worth as of May 4, 2026

About Me

Arizona Beverages cofounder Don Vultaggio has built his fortune one 99-cent tallboy can of iced tea at a time. He got his start in the 1970s selling beer and soda from the back of an old van in Brooklyn's toughest neighborhoods, where others refused to go. In 1992 he went into iced tea, launching Arizona from a Brooklyn warehouse and quickly toppling the competition with taller cans and flashier labels. Arizona sells some $4 billion worth of tea, juice, water and alcoholic drinks annually, including its popular green tea and Arnold Palmer lines. In 2015 he was ordered to buy out his former friend and partner, John Ferolito, for about $1 billion to settle a lengthy, bitter shareholder dispute.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Don Vultaggio & family.

#712
Billionaires (2026)
#255
Forbes 400 (2025)

Insights

Did You Know?

Arizona's flamboyant, Southwest-themed packaging was inspired by his Queens home, which stood out thanks to white and turquoise stucco and a cactus garden out front.

Vultaggio often wallpapers offices himself and, on his birthday, throws a pajama party where he cooks pancakes and omelets for his entire 300-person office staff.

In 2019, Arizona partnered with Denver-based cannabis company Dixie Brands to produce THC-infused products.

Wealth Growth

Net Worth Growth Over Time

Tracking Don Vultaggio & family's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $5.8B (May 4, 2026)

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