Billionaire Profile
Nick Caporella
Global Rank
#1129

Image: Public domain | via Wikimedia Commons

Nick Caporella

CEO, National Beverage Corp.
US
Real-Time Net Worth
$3.6B
As of December 2025
Age
89
Source
Beverages
Industry
food-beverage
Citizenship
US

Biography

Nick Caporella, the Chairman and CEO of National Beverage Corp., is an American businessman with an estimated net worth of $3.6 billion. His wealth stems from the beverages industry, where he is best known for founding National Beverage Corp. in 1985, the parent company of LaCroix sparkling water, Shasta, and Faygo. Caporella's career began in construction, later transitioning to telecommunications before establishing himself in the soft drink industry. He is known for his leadership of the company, and his company's focus on healthier refreshment options. He is also known for owning about 73% of the outstanding shares of National Beverage Corp.

Wealth Over Time

In-Depth Profile

Early Life and Career

Nick Caporella was born in 1935 in Pennsylvania. He started his career in construction. Later, he transitioned into the telecommunications sector, becoming the CEO of Burnup & Sims.

Rise to Success

In 1985, Caporella founded National Beverage Corp. to prevent a hostile takeover of his then-telecommunications firm, Burnup & Sims. National Beverage acquired Shasta Beverages from Sara Lee Corporation. Caporella expanded the company, acquiring Faygo and LaCroix.

Key Business Strategies

Caporella has focused on developing and marketing a diverse portfolio of non-alcoholic beverages. National Beverage's strategy includes a focus on healthier refreshment options. They have expanded their offerings to include sparkling waters, juices, and energy drinks.

Philanthropy

Nick Caporella is involved in social projects, including research projects that aim to advance the cure for pediatric cancer. He currently serves on the Professional Advisory Board of St. Jude's Children's Hospital.

Career Milestones

1976

CEO of Burnup & Sims

Caporella became the CEO of Burnup & Sims, a telecommunications firm.

1985

Founded National Beverage Corp.

Founded National Beverage to ward off an unwanted acquisition of his then-telecommunications firm, Burnup & Sims.

1996

Acquired LaCroix

LaCroix was added to the National Beverage portfolio.

Philanthropy & Social Impact

Healthcare

St. Jude Children's Hospital

$XB

Serves on the Professional Advisory Board of St. Jude's Children's Hospital.

Controversies & Challenges

2018

Sexual Harassment Allegations

Two pilots filed lawsuits accusing Caporella of inappropriate touching.