Rodney Sacks
| Rodney Sacks | |
|---|---|
| Born |
Rodney Cyril Sacks 1949/1950 (age 66–67)[1] South Africa |
| Residence | Laguna Beach, CA, US |
| Nationality | American |
| Alma mater | Wits University |
| Occupation | Chairman and CEO, Monster Beverage |
| Salary | $10,434,988 (total compensation, 2015)[2] |
| Net worth | $1.62 billion (May 2016)[1] |
| Relatives |
Leslie Sacks (brother) Caron Sacks (sister) Ze'ev Bielski (brother-in-law) Adi Bielski (niece) |
Rodney Cyril Sacks (born 1949/50) is an American billionaire businessman, chairman and CEO of Monster Beverage since 1990.
Early life
Rodney Cyril Sacks[3] was born and grew up in South Africa. He was educated at University of the Witwatersrand in Johannesburg and graduated with a law degree as well as a postgraduate higher diploma in tax law.[4]
Career
Sacks worked 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.[4] In August 1989, Sacks emigrated to California with his family, having spent nearly 20 years with Werksmans and rising to become a senior partner.[4]
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.[4]
Personal life
Sacks and his family emigrated from South Africa to California in 1989.[4] His sister Caron Sacks is married to Israeli politician Ze'ev Bielski[5][6] and his brother is art collector Leslie Sacks.[6]
References
- 1 2 "Rodney Sacks". Forbes. Retrieved 18 May 2016.
- ↑ "Rodney C. Sacks H.Dip.Law, H.Dip.Tax". Bloomberg. Retrieved 4 March 2015.
- ↑ White, Ronald D. (29 June 2014). "A thirst for energy drinks is juicing Monster Beverage's sales". LA Times. Retrieved 4 March 2015.
- 1 2 3 4 5 "Rodney Sacks Chairman and Chief Executive Officer, Monster Beverage Corporation". Beverageforum.com. Retrieved 4 March 2015.
- ↑ Jerusalem Post: "Grapevine: US politicians flock to visit - Sculpture garden dedicated at Ariel University Center, and youth essay contest launched" By GREER FAY CASHMAN August 25, 2009 | "The garden was donated by Bielski's brother-in-law Leslie Sacks of Los Angeles in memory of his father Wolfe (Harry) Zev Sacks. Leslie Sacks, his mother, sister Caron and other family members..."
- 1 2 One Long House: Wolfe Sacks retrieved April 29, 2015