Who is John Ferolito?

Who is John Ferolito?

John Ferolito is an American entrepreneur who is co-founder of the Arizona Beverage Company, maker of Arizona Iced Tea.

How much is the owner of Arizona tea worth?

Domenick “Don” Vultaggio (born 1951/1952) is an American billionaire businessman, the co-founder of Arizona Beverage Company. As of May 2022, his net worth was estimated at US$4.1 billion.

Who is the owner of AriZona Iced Tea?

Hornell Brewing Co., Inc.Arizona Beverage Company / Parent organization

Who designs Arizona Tea cans?

According to Wesley and Spencer Vultaggio, sons of AriZona co-founder Don Vultaggio, the design of the cans was inspired by the Southwestern decor of their childhood home, which was decorated by their mother.

Who is the creator of AriZona tea?

Don Vultaggio
Arizona Beverages’ chairman and co-founder Don Vultaggio knows the value of a relationship. This shrewd understanding, he told TODAY Food in an interview, is why despite recently witnessing inflation rates hit a 40-year high, he’s sold his iced tea drinks at the same exact same price for years.

What family owns AriZona tea?

It also makes Vultaggio—who owns 100% of the company with his two sons—a billionaire, worth an estimated $3 billion, enough to rank No. 264 on this year’s Forbes 400.

Why is AriZona tea still 99 cents?

“The 99 cents is part of the brand’s iconography,” explained Rabobank beverage analyst Bourcard Nesin. “It’s now core to the advertising of AriZona to the point that [they get] all the free press in this environment simply because they haven’t raised their price.”

Who is the guy on AriZona cans?

cofounder Don Vultaggio
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.

What family owns Arizona tea?

Is AriZona owned by Coke?

ATLANTA — Coca-Cola Enterprises Inc. said it has completed a U.S. distribution agreement with Hornell Brewing Co. Inc., maker of AriZona Iced Tea products. Beginning in February 2007, CCE will begin distributing three flavors of a new 34-oz.

Is it illegal to sell Arizona iced tea for more than a dollar?

Ultimately retailers can sell it for as much or as little as they like. We suggest you find a store that sells it for $. 99 or less.