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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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.
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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Founds his first venture in the utility/construction sector (Founding 1).
MasTec is established (Corporate Founding 2).
Faces a shareholder dispute over CEO compensation (Corporate Crisis).
Retires as CEO, remaining Chairman Emeritus (Executive Transition).
Continues as Founder and major shareholder, guiding the massive industrial giant (Executive Oversight).
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.
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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.
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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+0.44% | +$33.75M
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