Snapple co-founder Hyman Golden dies at 85

Snapple co-founder Hyman Golden has died at the age of 85 as the result of complications from a stroke, the New York Times reported.

With a small investment in 1972, Golden and two partners started Snapple, which eventually went on to challenge Coca-Cola and PepsiCo.

Golden served as chairman of the company that, by the time it was purchased by Quaker Oats in 1994 for $1.7 billion, made annual sales of $700 million.

The Times reported that Golden came from a humble upbringing in Queens and worked first as a window washer for his father. He also worked as a business broker and co-founded a maintenance company.