Published On 08/02/2019
Along with his business partner John Ferolito, Don Vultaggio brewed malt liquor and sold it out of an old VW van. Pretty hip, right? Not as hip as Snapple – the iced tea company was taking over corner stores around their area (at the time). So the duo decided to best their competitors, packaging their iced tea in cans that were larger and more flashy than the bottles Snapple produced. They’re idea became Arizona Iced Tea, and Aside from an ugly divorce with Ferolito and a $1 billion settlement, Vultaggio now holds a net worth of $3.4 billion.
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