Rodney Sacks

Rodney Cyril Sacks (born 1949/50) is a South African billionaire businessman, chairman, and CEO of Monster Beverage since 1990.

Rodney Sacks
Born1949/1950 (age 69–70)[1]
South Africa
NationalitySouth African
Alma materWits University
OccupationChairman and CEO, Monster Beverage
Net worth$2 billion (August 2018)[1]
RelativesZe'ev Bielski (brother-in-law)
Adi Bielski (niece)
Leslie Sacks (brother)

Early life

Rodney Cyril Sacks[2] was born and grew up in South Africa. His brother was art collector Leslie Sacks.[3] 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][3] and is the mother of actress Adi Bielski. He is a supporter of Friends of the Israel Defense Forces.[6]

References
  1. "Profile: Rodney Sacks". Forbes. Retrieved 2018-08-31.
  2. White, Ronald D. (29 June 2014). "A thirst for energy drinks is juicing Monster Beverage's sales". LA Times. Retrieved 4 March 2015.
  3. One Long House: Wolfe Sacks Archived 2015-05-01 at the Wayback Machine retrieved April 29, 2015
  4. "Rodney Sacks Chairman and Chief Executive Officer, Monster Beverage Corporation". Beverageforum.com. Retrieved 4 March 2015.
  5. Cashman, Greer Fay (August 25, 2009). "Grapevine: US politicians flock to visit - Sculpture garden dedicated at Ariel University Center, and youth essay contest launched". Jerusalem Post. 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...
  6. "FIDF Orange County's 2nd annual gala". Orange County Jewish Life. Rodney Sacks was proud to donate gymnasiums to Israel for the IDF, continuing philanthropic efforts through the FIDF.
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