Jan 5, 2014

C is for Cabo Wabo

Sammy Hagar, lead singer for Van Halen made more money from Cabo Wabo than all record, concert, song royalties, and products combined.

He is the founder of the Cabo Wabo Tequila brand along with Cabo Wabo night clubs and restaurants. In 2007, Hagar sold an eighty percent share of the tequila brand for $80 million and sold the rest a three years later. Now he started a new venture with "Sammy's Beach Bar Rum".

Hagar claims he came up with the name after watching a man walk unsteadily along a local beach In Cabo San Lucas after a heavy night's partying. He used Cabo and shortened "wobble" to "wabo" and said the man was doing the "Cabo wabo."