Manoj Bhargava
Food and Beverage

Manoj Bhargava Net Worth

4 months from now

Manoj Bhargava, born in 1953 in the United States, is the creator of the popular 5-Hour Energy drink. Despite some negative publicity this past year, the energy shots have been linked to 13 deaths in four years, though the company denies any causal link. Bhargava is a math whiz who dropped out of Princeton University and spent 12 years living as a monk in India before returning to the US and forging a successful career in plastics. His two-ounce caffeine and vitamin elixir, 5-Hour Energy, has a 90%-plus market share in the energy shot sector and is advertised through distinctive red bottles and deliberately corny, low-cost TV ads. Bhargava owns 35% of the parent company and has pledged another 45% to charitable causes in poverty-stricken rural India.
Manoj Bhargava is a member of Food and Beverage

Age, Biography and Wiki

Birth Year 1953
Birth Place United States
Age 70 YEARS OLD
Citizenship United States
Education Princeton University
Occupation Entrepreneur, philanthropist
Known for 5-hour Energy brand

💰 Net worth: $1.5 Billion (2024)

Manoj Bhargava, a prominent figure in the food and beverage industry in the United States, is projected to have a net worth of $1.5 billion by the year 2024. With his vast entrepreneurial ventures, Bhargava has made a significant impact in his field, contributing to the success of several food and beverage companies. As a visionary and innovative leader, he has brought about groundbreaking changes in the industry, demonstrating his expertise and excellence. Bhargava's immense wealth stands as a testament to his entrepreneurial prowess and achievements in the food and beverage sector.

2012 $1.5 Billion
2013 $1.5 Billion
2018 $1.5 Billion

Biography/Timeline

1953

Bhargava was born in Lucknow, India in 1953, and in 1967, moved with his family to Philadelphia, Pennsylvania, United States. Bhargava's Father attended the Wharton School of Business in pursuit of a doctorate degree. Bhargava won a math scholarship to an "elite private academy" called The Hill School, and after high school graduation attended Princeton University for one year in 1972.

1990

Bhargava returned to the US and joined his parents' plastic injection Manufacturing company Bhar Incorporated located in New Haven, Indiana. In 1990 he purchased a company that produced parts for outdoor furniture. He sold Prime PVC Inc. in 2006. A subsequent company, Chemicalpartners.com, specialized in inventions and new ideas for Business.

2003

Bhargava created Innovations Ventures LLC (dba Living Essentials LLC), and launched 5-hour Energy in 2003. By 2012, Retail sales had grown to an estimated $1 billion. Over time, Bhargava created additional entities or funds to support a variety of new ventures. These included the capital venture company MicroDose Life Sciences, a Manufacturing venture laboratory called Stage 2 Innovations LLC, a private equity fund called ETC Capital LLC, Plymouth Real Estate Holdings LLC and Oakland Energy and Water Ventures. In 2014, he financed a New York City-based film distribution company, Bleecker Street.

2012

Bhargava was interviewed on the ABC News show Nightline in September 2012. That year, an article in Forbes magazine said Bhargava and his company, Innovations Ventures, had participated in up to 90 court cases against competitors, suppliers and associates since 2003. As of 2012, fourteen of those cases had been settled or dismissed.

2013

In 2013, Forbes reported Bhargava's net worth to be $1.5 billion, but he was dropped from its list of billionaires in 2014. Bhargava's 2015 documentary, Billions in Change, reports he has a net worth of over $4 billion, while some news articles report the $4 billion figure to be unverified.

2015

Bhargava is a member of the Giving Pledge campaign. In 2015, he pledged to give 99% of his wealth to philanthropic causes. His foundations include the Hans Foundation and Rural India Supporting Trust. In 2016, Bhargava told National Geographic that he planned to distribute 10,000 of his stationary, power generating bikes to rural homes and villages in India.

Some Manoj Bhargava images

Tags Living people 1953 births American businessmen of Indian descent American philanthropists Giving Pledgers Indian emigrants to the United States Businesspeople from Lucknow Indian philanthropists Princeton University alumni The Hill School alumni American billionaires

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.