To start with, Coca Cola is a multinational corporation that has had numerous CEOs over the years, and their net worths have varied significantly. As of my knowledge cutoff in September 2021, the current CEO of Coca Cola is James Quincey, who succeeded Muhtar Kent in 2017. According to Forbes, as of 2021, James Quincey had a net worth of $39.6 million, most of which came from stock awards and options.
Before James Quincey, Coca Cola had several CEOs who made significant contributions to the company’s growth and success. These include:
- Robert W. Woodruff: Robert W. Woodruff was the CEO of Coca Cola from 1923 to 1955. During his tenure, he oversaw the expansion of Coca Cola’s market share and the introduction of new products such as Fanta and Sprite. According to Forbes, Robert Woodruff’s net worth was estimated to be $700 million at the time of his death in 1985.
- Roberto Goizueta: Roberto Goizueta served as the CEO of Coca Cola from 1980 until his death in 1997. He is credited with expanding Coca Cola’s global presence and introducing new products such as Diet Coke and Cherry Coke. Forbes estimated his net worth to be $1.3 billion at the time of his death.
- Douglas Daft: Douglas Daft was the CEO of Coca Cola from 2000 to 2004. During his tenure, he oversaw the acquisition of several beverage brands, including Dasani and Minute Maid. According to Forbes, his net worth is estimated to be $50 million.
- Muhtar Kent: Muhtar Kent served as the CEO of Coca Cola from 2008 to 2017. Under his leadership, Coca Cola expanded its portfolio of beverages and increased its focus on sustainability. According to Forbes, his net worth was estimated to be $35 million as of 2017.
It’s worth noting that net worth estimates can vary widely depending on the source and the criteria used to calculate them. Additionally, CEOs’ net worth is often tied to their stock holdings and compensation packages, which can fluctuate depending on market conditions and company performance.