Don Vultaggio

Domenick "Don" Vultaggio (born February 26, 1952) is an American billionaire businessman, best known as the co-founder and current chairman of the Arizona Beverage Company, the firm behind the popular AriZona Iced Tea brand. A Brooklyn native, Vultaggio began his career in beverage distribution before pivoting to ready-to-drink teas in the early 1990s.

Under his leadership, AriZona became one of the top-selling tea brands in the United States. He is also known for guarding the company's independence, taking full control of the business in 2015 after buying out his longtime partner, John Ferolito, following a protracted legal battle.

As of July 2024, his net worth was estimated at US$6.5 billion. His father was the manager of an A&P supermarket.

Vultaggio made the move into ready-to-drink tea industry during that time, and in 1992, co-founded the Arizona Beverage Company with John Ferolito from a warehouse in Brooklyn. In 2015, following a lengthy and bitter legal battle, he bought out Ferolito for about $1 billion.

Personal life Vultaggio is married to Ilene, an artist. Their sons both work for the company; Wesley as chief creative officer and Spencer as chief marketing officer.

In 2004, they bought a two-acre "private peninsula" in Sands Point, New York, for $4 million, and finished building a 30-room mansion in 2007.