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Who owns Dr. Pepper and what is his fortune?
Dr. Pepper has overtaken Pepsi as the most popular drink in the US.
Pepsi has been overtaken by Dr. Pepper as the second best-selling drink in the United States, and is now only behind Coca-Cola.
The laws in the United States mean that huge conglomerates can swallow up smaller companies and extract the profit, with around 11 super-companies owning many of the brands we see in our shops. For example, Coca Cola company owns around 200 brands including drinks like Powerade, Innocent smoothies, and Fanta.
However, that is not the same for Dr. Pepper.
Who owns Dr. Pepper?
The drink Dr Pepper is owned and sold by the Keurig Dr Pepper company.
The Keurig Dr Pepper company have owned the brand since 2018, after an $18.7 billion deal from Keurig Green Mountain saw them take the name from the Dr Pepper Snapple Group.
Dr Pepper Snapple Group and Keurig Green Mountain merged to form Keurig Dr Pepper, which is why the naming can get quite complicated.
If we go one step further, the JAB Holding Company owns Keurig Dr Pepper, which is a German conglomerate, headquartered in Luxembourg.
What is the net worth of Dr. Pepper?
StockAnalysis says that Keurig Dr Pepper has a market cap or net worth of $46.62 billion as of June 3, 2024 and that the number “has increased by 3.98% in one year”.
It adds that “since May 7, 2008, Keurig Dr Pepper’s market cap has increased from $6.47B to $46.59B, an increase of 620.22%.” which is a compound annual growth rate of 13.07%.
The combined companies also feature brands such as 7UP, Snapple, A&W, Mott’s and Sunkist with leading coffee brand Green Mountain Coffee Roasters.