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Nick Caporella

Nick Caporella

N. Caporella
0.83% | + $30.82M
$3.76 B ₹ 34,206 Cr
Real Time Net Worth #1132 Ranking as of 21 Feb 2026 By Forbes

More on Nick Caporella

Gender

Male

Age

89Y

Country

United States

Born On

April, 1936

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Beverages)

Primary Organization

National Beverage Corp.

Titles

Chairman & CEO

Sources of Wealth

National Beverage Corp.

Industry

Food & Beverage, Consumer Goods

About Nick Caporella


N ick Caporella is a self-made American billionaire who built his fortune in the beverage industry as the longtime chairman and CEO of National Beverage Corp. His is a classic American success story. After a career as a contractor, he entered the beverage industry and, in 1985, acquired the parent company of Shasta and Faygo, two well-known regional soda brands. He later took the company, which became National Beverage Corp., public.

His career-defining success came in the early 2000s with the launch of LaCroix, a brand of flavored sparkling water. He astutely identified and capitalized on the growing consumer trend towards healthier, sugar-free beverages. LaCroix became a massive and viral sensation, transforming National Beverage from a modest soda company into a high-growth powerhouse and a major player in the beverage industry. The soaring success of the LaCroix brand caused the company's stock price to skyrocket, turning Caporella, the company's largest shareholder, into a multi-billionaire.

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Quick Reads


  • Chairman and CEO of National Beverage Corp.
  • The company's blockbuster product is the sparkling water brand LaCroix.
  • The success of LaCroix made him a billionaire.
  • He also owns the soda brands Shasta and Faygo.
  • He started his career as a contractor.

Early Life and Background


Nick A. Caporella is an American businessman, the self-made billionaire Former Chairman, CEO, and Founder of MasTec (NYSE: MTZ), a major infrastructure construction company. His career is rooted in construction, finance, and entrepreneurial audacity.

Caporella's philosophical approach centers on vertical integration, scale efficiency, and long-term asset hold in the essential telecommunications and energy infrastructure sectors. His structural contribution is tied to pioneering the outsourced infrastructure construction model.

  • MasTec (Former Chairman, CEO & Founder): The core publicly traded asset, a major infrastructure construction company specializing in energy, clean energy, and communications (5G fiber networks, solar farms).
  • Acquisition Strategy: His success is built on acquiring and consolidating specialized construction and service businesses (a key strategy in infrastructure).
  • Investment Strategy: His philosophy is rooted in long-term investment in essential infrastructure and leveraging the massive U.S. infrastructure and telecom booms.
  • Controversy/Succession: He was involved in a major shareholder dispute related to his compensation and management of the company (leading to his eventual retirement).

Career Journey of Nick Caporella


Nick Caporella's strategic genius was his commitment to outsourced infrastructure construction. He founded MasTec (originally Church & Tower Group) in 1994 (taking over the company his son-in-law had acquired). Under his leadership as CEO, the company expanded aggressively into telecommunications (5G fiber networks) and clean energy infrastructure. His structural contribution is immense: providing foundational infrastructure that enabled the mobile telecom and renewable energy revolutions.

His career faced a major crisis in 2014 when he was involved in a high-profile dispute with investors over his compensation and control. He retired as CEO in 2023, remaining Chairman Emeritus. His wealth is secured by the colossal, long-term, stable profitability of the U.S. infrastructure construction sector.

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Nick Caporella's Timeline


1980s (approx.):

Founds his first venture in the utility/construction sector (Founding 1).

1994:

MasTec is established (Corporate Founding 2).

2014:

Faces a shareholder dispute over CEO compensation (Corporate Crisis).

2023 (January):

Retires as CEO, remaining Chairman Emeritus (Executive Transition).

Ongoing:

Continues as Founder and major shareholder, guiding the massive industrial giant (Executive Oversight).

Major Business Ventures and Investments


Nick Caporella's wealth is concentrated in his founding equity and retained stake in the publicly traded industrial giant, MasTec (NYSE: MTZ), and his private investments.

  • MasTec (Former Chairman, CEO & Founder): The core publicly traded asset, a major infrastructure construction company specializing in energy, clean energy, and communications (5G fiber networks, solar farms).
  • Acquisition Strategy: His success is built on acquiring and consolidating specialized construction and service businesses (a key strategy in infrastructure).
  • Investment Strategy: His philosophy is rooted in long-term investment in essential infrastructure and leveraging the massive U.S. infrastructure and telecom booms.
  • Controversy/Succession: He was involved in a major shareholder dispute related to his compensation and management of the company (leading to his eventual retirement).

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Philanthropy and Social Impact


Nick Caporella's social impact is structural, stemming from MasTec's role in building essential telecom and energy infrastructure across the U.S. (5G fiber, solar farms). The company is a massive employer and foundational contributor to the U.S. industrial base. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the outsourced infrastructure construction sector.

Fashion, Style, and Lifestyle


Nick Caporella maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital construction sector.

Residing in Coral Gables, Florida, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to infrastructure investment, strategic management, and the long-term stewardship of the MasTec empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and Former CEO of MasTec (infrastructure construction).
  • His company specializes in 5G fiber networks and clean energy infrastructure.
  • He faced a shareholder dispute over his high compensation.
  • MasTec is a Fortune 500 company.
  • His fortune is tied to the successful consolidation and scale of the outsourced infrastructure construction model.
  • He retired as CEO in 2023.
  • His philosophy emphasizes long-term investment and scale efficiency.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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