Who Really Owns Coca-Cola Who Really Owns It? Is the secret formula story that has been told for years true?
Coca-Cola’s original owner and history
Coca-Cola is one of the most famous soft drink brands in the world. The company is headquartered in Atlanta, Georgia, USA. Coca-Cola creator John S. Pemberton developed his first formula in 1886. Pemberton served as a colonel in the American Civil War and became addicted to morphine after being injured. He first decided to make cocaine wine, but had to abandon this work due to the ban on alcohol and cocaine use in Atlanta. He later laid the foundation of Coca-Cola by developing a non-alcohol syrup. The company’s shares are traded on the New York Stock Exchange under the symbol KO. Coca-Cola’s formula is kept as a trade secret.
Creator of Coca-Cola: John S. pemberton
John S. Pemberton was the chemist and pharmacist who developed the first formula for Coca-Cola. He first decided to make cocaine wine, but due to the ban he abandoned this work. He later laid the foundation of Coca-Cola by developing a non-alcohol syrup.
Coca-Cola ownership and management
There have been many controversies and conflicts over the ownership and management of Coca-Cola. Official shareholders of the company include John’s son Charlie Pemberton, Woolfolk Walker, his sister Margaret Dozier and, according to a Fulton County court decision, Asa Griggs Candler.
Coca-Cola’s secret formula
The secret formula of Coca-Cola has always been kept a secret by its creator Pemberton. The formula is guarded at SunTrust Bank in downtown Atlanta, and the company pays the bank $48.3 million each year to keep the secret.
Coca-Cola’s history, ownership, and secret formula have been thoroughly investigated. The company’s founder, John S. Pemberton was the chemist and pharmacist who developed the initial formula. There have been many controversies and conflicts over the ownership and management of Coca-Cola. Coca-Cola’s secret formula is kept as a trade secret.