Pepsi is owned by PepsiCo.
PepsiCo is a multinational food and beverage corporation. It was established in 1965 through the merger of the Pepsi-Cola Company and Frito-Lay, Inc. Today, PepsiCo stands as one of the world's largest and most successful food and beverage companies, holding a vast portfolio of well-known brands in addition to Pepsi.
PepsiCo's brand portfolio includes:
- Beverages: Pepsi, Mountain Dew, Gatorade, Tropicana, Aquafina
- Snacks: Lay's, Doritos, Cheetos, Ruffles, Tostitos
Essentially, while "Pepsi" is the name of the popular soda, PepsiCo is the actual corporation that owns the rights to manufacture and distribute it, along with its many other products. So, Pepsi isn't owned by an individual but by a large, publicly traded company.
