Rodney Sacks Net Worth, spouse, young children, awards, movies

$1,000,000,000

Rodney Sacks is a famous American businessman with a net worth of $1 billion. He is the Chairman and Chief Executive Officer of Monster Beverage Corporation, a company that manufactures energy drinks, fruit drinks, and natural soft drinks.

Under Sacks’ leadership, Monster Beverage Corporation has become a major player in the $32 billion energy drink market, holding 35% of the market share in 2012. Additionally, Sacks received significant compensation, including option awards worth over $5 million, proving his success in the industry.

Key facts:

Rodney Sacks is the Chairman and Chief Executive Officer of Monster Beverage Corporation.

In his previous role, Sacks served as the Chief Financial Officer of Hansen Natural Corp. from 199 to 1996 and became the Chairman and Director in June 1992.

Under Sacks' leadership, Monster Beverage Corporation has successfully manufactured a range of energy drinks, fruit drinks, and natural soft drinks, including popular brands like Monster Energy, Hansen's Energy, Hubert's Lemonade, Hansen's Natural Soda, Peace Tea, and Blue Sky.

In 2012, Monster Beverage Corporation held a significant portion, 35%, of the $32 billion energy drink market.

In August 2014, Coca-Cola acquired a 16.7% stake in Monster Beverage Corporation, forming a long-term partnership.