Coca-Cola Company is an American multinational beverage corporation. The company was founded by John Stith Pemberton and Asa Griggs Candler with 86,200 Employees working under Coca-Cola Company on 29 Jan 1892 in Atlanta, Georgia, and the United States.
The Coca-Cola Company is a beverage-making corporation that produces alcoholic and non-alcoholic beverages. The Key soft drink contains the content of a stimulant including cocaine from coca leaves and caffeine from kola nuts which was developed by pharmacist John Stith Pemberton in 1886.
About the Owner of Coca-Cola Company
The Coca-Cola Company is on the list of the public industry which means it holds thousands of owners (including shareholders and investors) instead of having a single one.
American billionaire Warren Buffett is the owner of Berkshire Hathaway. Berkshire Hathaway holds the largest amount of shares in The Coca-Cola Company valued at $24.46 billion of 400,000,000 shares. It probably proves a profitable job for Buffett as he once said that he would never like sell any shares of his Coca-Cola Company.
Warren E. Buffett himself has 4.62% equity with 200,000,000 shares worth $12.23 billion.
Who is the Owner Of the Coca-Cola Company?
Coca-Cola Company is owned by The Vanguard Group, Berkshire Hathaway, and BlackRock.
Multinational conglomerate holding company Berkshire Hathaway has a maximum percentage of equity of 9.28%.
The investment management advisor group got the equity of 7.25% worth approx. $21.98 billion.
Blackrock is a multi-national investment company holding 6.56% of shares worth $18.34 billion.
About The Coca-Cola Company Wiki
|Atlanta, Georgia, U.S.
|Atlanta, Georgia, U.S.
The CEO of the Company
James Quincey is the CEO and Chairman of the Coca-Cola Company and he is a British businessman. James was born on 8 January 1965 in London, United Kingdom, and currently is 75 years old. He studied at King Edward’s School, University of Liverpool. And he started his career at Bain & Co.
The annual salary of the CEO of Coca Cola 1,98,88,56,046.00. He earns 76,49,446.33 per day. James Quincey first joined the company in 1996. his Salary is Approx $1,600,000. James Quincey’s current Net Worth is estimated to be about $71.79M, he owns over 32,000 units of Coca-Cola Co stock worth over $22,141,844.
Details of the Income of The Coca-Cola Company
The Revenue of the company is approximately 37.27 billion with a minimum income of US$8.92 billion and total minimum assets of US$86.38 billion.
Cristiano Ronaldo has eaten $ 4 billion from the market Coca-Cola Company as he preferred to drink normal mineral water instead of fizzy drinks labeled by Coca-Cola Company, during his pre-match conference of EUROS in front of the media on June 14, 2021. This made the company drop its price from $56.10 (£39.80) to $55.22 (£39.19) to get back in the market.
Even the company has released a statement for its defense, “Players are offered water, alongside Coca-Cola and Coca-Cola Zero Sugar, on arrival at our press conferences.” They also considered that everyone has different tastes and choices.