Rodney Sacks Bio | Wiki
Rodney Sacks ( Full Name: Rodney Cyril Sacks) is a popular South African billionaire businessman who has worked as Chairman and CEO of Monster Beverage since 1990. He served as a lawyer in South Africa and was the youngest person to be made a partner of Werksmans, the country’s largest corporate law firm. In August 1989, Rodney emigrated to California with his family, having spent nearly 20 years with Werksmans and rising to become a senior partner.
In 1990, a consortium led by Rodney 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. Coca-Cola purchased a 16.7% stake in Monster Beverage for $2.15 billion in cash in June 2015 and opened its global distribution arm to Monster. In 2002, Hansen’s Natural launched the Monster brand energy drink, and the company changed its name to Monster Beverage in 2012.
Rodney Sacks Age
Rodney was born in 1950 in South Africa. He is 73 years old.
Rodney Sacks Height
He is a man of average stature. Rodney stands at a height of 5 ft 8 in ( Approx. 1. 72m ).
Rodney Sacks Family
He was born into a Lithuanian-Jewish family and grew up in South Africa. Rodney’s father was South African businessman Wolfe Harry Sacks. Rodney’s brother was art collector Leslie Sacks. Leslie opened his first art gallery, Les Art, in South Africa in 1981. He has a sister named Caron Sacks who married Israeli politician Ze’ev Bielski. He has a niece actress Adi Bielski from his sister Caron. His brother Leslie died of cancer on September 26, 2013. Rodney holds South African nationality. He and his family emigrated from South Africa to California in 1989.
Rodney Sacks Wife
Rodney resides in Laguna Beach, California. He loves to keep his personal life private hence Rodney has not disclosed any details regarding his relationship status. Therefore, it is unknown if Rodney is single, dating or married.
Rodney Sacks Daughter
Presently, it is not known if Rodney has a daughter or not.
Rodney Sacks Education
He studied at the University of the Witwatersrand in Johannesburg and graduated with a law degree and a postgraduate higher diploma in tax law.
Rodney Sacks Monster Energy | Monster
Since 1990, Rodney has been chairman and CEO of Hansen Natural Corporation, which changed its name to Monster Beverage Corporation in 2012. In June 2015, Coca-Cola purchased a 16.7% stake in Monster Beverage for $2.15 billion in cash and opened its global distribution arm to Monster.
Coca-Cola and Monster went into arbitration in 2018 after Coca-Cola decided to develop two energy drinks. Coca-Cola ultimately won. He and Monster’s co-CEO Hilton Schlosberg, are from South Africa. The two bought the drink company Hansen Natural in 1992. In 2002 Hansen’s Natural launched the Monster brand energy drink, and the company changed its name to Monster Beverage in 2012.
Rodney Sacks House
Rodney resides in a 2-bed, 3-bath Laguna Beach, California (CA), house. He bought the house in 2005 for $2,650,000.
Rodney Sacks Net Worth
Rodney gets his wealth from his work as a businessman, chairman, and CEO of Monster Beverage since 1990. Therefore, Rodney has accumulated a decent fortune over the years. Rodney’s net worth is $3 billion.
How Old Is Rodney Sacks
Rodney is a 73-year-old who was born in 1950 in South Africa.
How Is Rodney Sacks Worth
His net worth is $3 billion due to his work as a businessman, chairman, and CEO of Monster Beverage since 1990. He and Monster’s co-CEO Hilton Schlosberg bought the drink company Hansen Natural in 1992.
Who Is Rodney Sacks
He works as chairman and CEO of energy drink maker Monster Beverage Corporation. Rodney and Monster’s co-CEO Hilton Schlosberg, are native South Africans. The two bought the drink company Hansen Natural in 1992. In 2002 Hansen’s Natural launched the Monster brand energy drink, and the company changed its name to Monster Beverage in 2012. He has had a battle for the market share with Rockstar, but the former got the upper hand with its intuitive marketing and management.