Nick Caporella’s profile picture

Nick Caporella

Nick Caporella’s profile picture
Net worth 2018: $3.7 Billion
Residence: Plantation, Florida
Country: United States
Children: 4
BIOGRAPHY

Nick Caporella was born in Plantation, Florida, United States. Nick Caporella is #612 in List Billionaires People In The World. Nick Caporella, a onetime contractor and the son of a Pennsylvania coal miner, founded National Beverage Co. in 1985. Then the CEO of telecom and cable company Burnup & Sims, Caporella started the soft drinks firm to fend off famed corporate raider Victor Posner. He funded the creation of National Beverage partly using Burnup & Sims stock, diluting Posner's stake until he eventually slunk away. Shares of the Florida-based business have shot up since 2015 thanks to its popular sparkling water, LaCroix, which Caporella acquired in 1996. Other product lines include soda brands Shasta and Faygo.

NET WORTH STATISTIC
2016

$2.1 Billion

2017

$2.3 Billion

2018

$3.7 Billion

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