Arizona Tea Owner Net Worth (Updated 2025).
John Ferolito and Don Vultaggio, the founders of Arizona Beverages, began their entrepreneurial journey in the late 1970s. Initially, they were in the business of distributing wine and beer in New York. However, they saw an opportunity in the growing demand for non-alcoholic beverages and decided to shift their focus. In 1992, they launched Arizona Tea, a brand that would soon become a household name in the United States.
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John Ferolito’s Net Worth in 2025
As of 2025, John Ferolito, the co-founder of Arizona Beverages, has an estimated net worth of $1.5 billion, according to Forbes. This significant wealth can be attributed to his successful career in the beverage industry.
Career
Ferolito’s career began in the 1970s when he started working for his father’s beverage company, Ferolito Brothers. In 1992, he co-founded Arizona Beverages with Don Vultaggio, introducing the iconic Arizona Tea. Under Ferolito’s leadership, the company expanded its product line to include energy drinks, waters, and other beverages, becoming a major player in the industry.
Other Ventures
Beyond Arizona Beverages, Ferolito has invested in various other ventures. He is a co-owner of the New York Yankees and has interests in real estate and philanthropy. Ferolito is also a board member of the Foundation for Education Development, which supports educational initiatives in New York.
Assets
Ferolito’s assets include a significant stake in Arizona Beverages, as well as real estate holdings in New York and Florida. He also owns a private jet and a collection of luxury cars. His primary residence is a sprawling estate in Long Island, New York.
Annual Income
Ferolito’s annual income is primarily derived from his stake in Arizona Beverages. In 2024, the company reported revenues of over $1.2 billion, indicating that Ferolito’s annual income from this source alone is substantial. However, the exact figure is not publicly disclosed.
Frequently Asked Questions about Arizona Tea Owner
**Frequently Asked Questions**
1. Who is the owner of Arizona Tea?
The owner of Arizona Tea is Don Vultaggio. He co-founded the company in 1992 with his friend Rod Sacks.
2. How did Arizona Tea start?
Arizona Tea started as a small business in Brooklyn, New York. Don Vultaggio and Rod Sacks saw an opportunity in the tea market and began selling tea in cans from the trunk of their car.
3. What is Don Vultaggio’s net worth?
Don Vultaggio’s net worth is estimated to be around $1.5 billion.
4. What other brands does Arizona Tea own?
Arizona Tea also owns the brands Arizona Iced Tea, Arizona Green Tea, and Arizona Arnold Palmer Half & Half.
5. How has Arizona Tea grown over the years?
Since its inception, Arizona Tea has grown significantly. It is now one of the leading iced tea brands in the United States, with distribution in over 50 countries worldwide.
6. What is Arizona Tea’s annual revenue?
Arizona Tea’s annual revenue is estimated to be around $1 billion.
7. How many employees does Arizona Tea have?
Arizona Tea employs over 1,000 people worldwide.
8. What is Arizona Tea’s headquarters location?
Arizona Tea’s headquarters is located in Westfield, New Jersey.
9. What is Arizona Tea’s most popular flavor?
Arizona Tea’s most popular flavor is Half & Half, a blend of black tea and lemonade.
10. How can I contact Arizona Tea?
You can contact Arizona Tea through their official website’s contact form or by calling their customer service line at 1-800-222-2228.
