Forbes

DON VULTAGGIO & FAMILY

-

$3.2

BILLION  SELF-MADE SCORE: ) SOURCE: BEVERAGES AGE: 67 RESIDENCE: PORT WASHINGTON, NY PHILANTHRO­PY SCORE: His AriZona Beverages is jumping on the cannabis bandwagon. In August, AriZona announced a partnershi­p with Denverbase­d cannabis company Dixie Brands to produce THC-infused products. Vultaggio’s first foray into the beverage industry was in the 1970s, when he sold beer and soda in Brooklyn’s toughest neighborho­ods. He transition­ed to selling iced tea, launching AriZona from a Brooklyn warehouse in 1992. In his early days, he worked in a grocery store and as a stock boy.

Newspapers in English

Newspapers from United States