Coca-Cola's brand value has been estimated at $44.134 billion, making it the world's foruth most powerful brand.

Coca-Cola, a carbonated soft drink, was intended as a patent medicine when it was invented in 1885 by Dr. John Stith Pemberton in Covington, Georgia. It was then called Pemberton's French Wine Coca.

Pemberton's partner and bookkeeper, Frank M Robinson, suggested the name and penned the now famous trademark 'Coca-Cola' in his unique script. Coca-Cola was bought over by businessman Asa Griggs Candler in 1887 and incorporated it as the Coca Cola Company in 1892. Griggs made the brand a force to reckon with through his marketing strategies. Coca-Cola was sold in bottles for the first time on March 12, 1894.

In 1919, a group of investors headed by Ernest Woodruff and W C Bradley purchased The Coca-Cola Company for $25 million. Coca-Cola is also the world's best known brand.

E Neville Isdell is the company's chairman and chief executive officer.

The outside of Coca-Cola headquarters in Atlanta, Georgia. Photograph: Doug Collier/AFP/Getty Images

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