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Tuesday, Dec 6, 2022
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RODNEY SACKS

CHAIRMAN, CEO MONSTER BEVERAGE CORP.

WHY: Runs amped-up line of beverages with Hilton Schlosberg (see entry); wealth estimated by Business Journal at $3B. Company based in Corona, but lives and invests in CRE locally.

RECENT: Saw nearly 20% rise in Monster shares in first nine months of year, “driven by rising at home consumption of its products by consumers locked in by the pandemic,” Forbes noted, as it added him to annual list of the 400 richest Americans.

NOTABLE: Coca-Cola paid $2.15B for nearly 17% stake in Monster in 2015.

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