Don Vultaggio & family
Source of wealth: Beverages
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The scale of their wealth
Health
The price of life
Let's compare Don Vultaggio & family's fortune with the healthcare spending of a massive country
Don Vultaggio & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Don Vultaggio & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Don Vultaggio & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.7 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Don Vultaggio & family could pay for it entirely for 2.3 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Don Vultaggio & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 9.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Don Vultaggio & family with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.2 years.
Gold
Everyday luxuries
Don Vultaggio & family's fortune is equivalent to 40 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Don Vultaggio & family could buy 10,621,438 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 2 trucks to transport them. Although Don Vultaggio & family will almost certainly have enough money left over to pay for the gas.
Biography
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.
In 1992 he went into iced tea, launching Arizona from a Brooklyn warehouse and quickly toppling the competition with taller cans and flashier labels.
Arizona sells some $4 billion worth of tea, juice, water and alcoholic drinks annually, including its popular green tea and Arnold Palmer lines.
In 2015 he was ordered to buy out his former friend and partner, John Ferolito, for about $1 billion to settle a lengthy, bitter shareholder dispute.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison