Rodney Sacks
Food and Beverage

Rodney Sacks Net Worth

Rodney Sacks was born in 1949 in Laguna Beach, California, United States. He is the chairman and chief executive of Monster Beverage, a company that produces energy drinks to compete with Red Bull and Rockstar Energy. Sacks and his business partner, Hilton Schlosberg, have been running the company since 1990 and have made several acquisitions, including the purchase of Hansen's Natural in 1992. In 2002, Monster Energy was introduced and the company changed its name to Monster Beverage in 2012. In 2014, Coca-Cola bought a 16.7% stake in Monster and partnered with them on their energy drink business.
Rodney Sacks is a member of Food and Beverage

Age, Biography and Wiki

Birth Year 1949
Birth Place Laguna Beach, California, United States
Age 74 YEARS OLD
Residence Laguna Beach, CA, US
Alma mater Wits University
Occupation Chairman and CEO, Monster Beverage
Salary $10,434,988 (total compensation, 2015)
Relatives Leslie Sacks (brother) Caron Sacks (sister) Ze'ev Bielski (brother-in-law) Adi Bielski (niece)

💰 Net worth: $2.9 Billion (2024)

Rodney Sacks, renowned in the food and beverage industry in the United States, is projected to have a staggering net worth of $2.9 billion in 2024. With an impressive career spanning several decades, Sacks has become a prominent figure in the sector, contributing significantly to its growth and success. As a visionary entrepreneur, he has spearheaded numerous successful ventures, demonstrating exceptional business acumen and leadership skills. His immense wealth is a testament to his relentless dedication, innovation, and profound impact on the food and beverage industry.

2015 $1.5 Billion
2016 $1.4 Billion
2017 $1.4 Billion
2018 $1.77 Billion

Biography/Timeline

1989

Sacks and his family emigrated from South Africa to California in 1989. His sister Caron Sacks is married to Israeli Politician Ze'ev Bielski and his brother is art collector Leslie Sacks.

1990

In 1990, a consortium led by Sacks and his fellow South African, Hilton Schlosberg, acquired Hansen Natural Corporation, which in 1992 acquired Hansen's Natural Soda and Apple Juice for $14.5 million. Since 1990, Sacks has been chairman and CEO of Hansen Natural Corporation, which changed its name to Monster Beverage Corporation in 2012.

Some Rodney Sacks images

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.