Coca-Cola Net Worth 2020
When it comes to beverage companies, Coca-Cola is clear among the top 100 brands. Also, an American company based in Atlanta is one of the oldest brands in the world. However, have you ever wondered how much wealth is Coca-Cola? If so, you are in the right place to get information and learn something new about popular soft drinks. Well, if you are ready, let’s start.
The Beginnings of Coca-Cola
So, as we said, Coca-Cola is clearly one of the most popular and oldest brands in the drink industry. This drink was discovered 133 years ago, in 1886 by John Stith Pemberton. He imagined Coca-Cola as a drink intended to be healthy and was a substitute for previous products called Coca Wine France Pemberton. It can be said that Coca-Cola is made because of a ban that prohibits the production and sale of alcoholic beverages during the 1880s in Atlanta.
However, Mr. Pemberton, who is a pharmacist, decided to replace a popular alcoholic drink with his new product, which he got by mixing several syrup he had obtained with carbonated water, making the first coke. He sells the first number of new soft drinks for about 5 cents per glass, which is a pretty good price.
The success of Pemberton has attracted the attention of other pharmacists named Asa Griggs Candler. Since Mr. Candler is also a successful businessman, he decided to buy a company from Pemberton and all the right to produce Coca-Cola. It happened in 1891. This is one of the most significant steps in further development the company becomes one of the most famous drink manufacturers and brands today. During the 1890s production significantly increased which brought more profits and allowed brands to grow.
It should be noted that Coca-Cola officially became a patent in 1893 when registered at the US Patent Office. In 1894, the company began to assist Coca-Cola using the famous design bottle that was still popular today. Over the past few decades, the bottle design has changed, but it’s never too much. The bottling allows Coca-Cola for sale throughout the world, which also means opening new factories in several countries including Canada, Cuba, France, Panama, Philippines, etc.
Coca-Cola’s Net Worth 2020
Given that Coca-Cola is a company operating throughout the world, it is easy to conclude that it has a large profit. Coca-Cola’s net wealth in 2020 is estimated at around $ 80.83 billion placing companies among the largest drink brands throughout the world.
