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Arizona Beverages USA (stylized as AriZona) is a producer of many flavors of iced tea, juice cocktails, and energy drinks based in Woodbury, New York. [1] Arizona's first product was made available in 1992, to compete with Snapple .
Domenick "Don" Vultaggio (born 1951/1952) is an American billionaire businessman, the co-founder and chairman of Arizona Beverage Company. [ 2 ] [ 3 ] As of July 2024, his net worth was estimated at US$6.5 billion.
The New York Supreme Court, Appellate Division ruled that the company could buy out Ferolito's half-interest, which Ferolito had sought to sell to major international beverage companies. While Vultaggio's attorneys pointed to a 2007 estimated value of $430 million for the company, Ferolito estimated that the company that had become Beverage ...
Vultaggio co-founded Arizona Beverages USA 30 years ago — on May 5, 1992. At the time, a gallon of whole milk was $1.13 , a gallon of gas was the exact same , and a 23-ounce can of Arizona iced ...
It’s only $1, but crazed fans think AriZona iced tea tastes like a million bucks. The vivacious colorful-canned drink from the New York-based company has famously stayed priced at just 99 cents ...
The move to keep a can of Arizona Iced Tea at 99 cents echoes Costco’s four decade effort to keep its hot dog combo at $1.50 despite rising costs—and, earlier, ...
Henry Tudor declared himself king, took Elizabeth of York, eldest child of Edward IV, as his wife, claiming to have united the surviving houses of York and Lancaster, and acceded to the throne as Henry VII, founder of the Tudor dynasty which reigned until 1603.
Arizona ice tea’s chairman and co-founder Don Vultaggio knows the value of 99 cents all of 30 years later, even amid record-breaking inflation rates.