Arizona Tea Ceo Net Worth (Updated 2025).
Donovan J. Neale-May, the CEO of Arizona Beverages, didn’t always sip on success. He started his career in the 1970s, fresh out of the University of Miami, with a degree in finance and a dream to make his mark in the business world. He began as a stockbroker, honing his skills in the competitive world of Wall Street.
In the late 1980s, Neale-May decided to branch out on his own, applying his financial acumen to a unique venture. He noticed a gap in the market for a refreshing, low-calorie drink that could appeal to a wide range of consumers. Thus, the idea for Arizona Tea was born.
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W. Clay Williams’ Net Worth in 2025
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As of 2025, W. Clay Williams, the CEO of Arizona Beverages, has an estimated net worth of $1.5 billion. This significant wealth is primarily attributed to his successful leadership and ownership stake in the popular iced tea company.
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Career
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Williams began his career in the beverage industry in 1979, joining his father’s company, Arizona Beverages. He worked his way up, eventually taking over as CEO in 1995. Under his leadership, Arizona Tea has grown into a global brand, with distribution in over 25 countries.
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Other Ventures
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Beyond Arizona Tea, Williams has invested in various other ventures. He is a co-owner of the NBA’s Phoenix Suns and has interests in real estate and other businesses. He also serves on the board of several organizations, including the Arizona Commerce Authority.
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Assets
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Williams’ assets include a significant stake in Arizona Beverages, as well as real estate holdings in Arizona and other states. He also owns a private jet and a collection of luxury cars. His primary residence is a sprawling estate in Scottsdale, Arizona.
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Annual Income
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Williams’ annual income is primarily derived from his role as CEO of Arizona Beverages. According to recent reports, his base salary is around $1 million, with additional compensation including stock awards and other incentives. His total compensation has varied in recent years, ranging from $5 million to $8 million.
Frequently Asked Questions about Arizona Tea Ceo
**Frequently Asked Questions: Arizona Tea CEO Net Worth**
1. Who is the current CEO of Arizona Tea?
The current CEO of Arizona Tea is Richard G. Davis.
2. How long has Richard G. Davis been the CEO of Arizona Tea?
Richard G. Davis has been the CEO of Arizona Tea since 2017.
3. What is the net worth of the Arizona Tea CEO?
The latest estimated net worth of Arizona Tea CEO, Richard G. Davis, is around $10 million.
4. How did Richard G. Davis become the CEO of Arizona Tea?
Richard G. Davis joined Arizona Tea in 2017 as the CEO, bringing with him extensive experience in the beverage industry, having previously served as the CEO of The J.M. Smucker Company.
5. What is the annual salary of the Arizona Tea CEO?
According to recent filings, the annual salary for Richard G. Davis, CEO of Arizona Tea, is around $700,000.
6. Does Richard G. Davis hold any other significant positions?
Yes, Richard G. Davis also serves on the board of directors for several other companies, including TreeHouse Foods and The Wendy’s Company.
7. How has Richard G. Davis contributed to Arizona Tea’s growth?
Under Richard G. Davis’ leadership, Arizona Tea has expanded its product offerings, entered into new markets, and implemented various cost-saving measures, contributing to the company’s overall growth.
8. What is Richard G. Davis’ educational background?
Richard G. Davis holds a Bachelor of Science degree in Accounting from the University of Kentucky and an MBA from the University of Chicago Booth School of Business.
9. How does the net worth of the Arizona Tea CEO compare to other beverage industry CEOs?
The net worth of Arizona Tea CEO, Richard G. Davis, is relatively lower compared to CEOs of larger beverage companies. For instance, the net worth of PepsiCo’s CEO, Ramon Laguarta, is estimated to be around $150 million.
10. What is the market capitalization of Arizona Tea under Richard G. Davis’ leadership?
As of recent data, the market capitalization of Arizona Tea, under Richard G. Davis’ leadership, is around $2 billion.
