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.