Rodney Sacks
| Rodney Sacks | |
|---|---|
| Born |
Rodney Cyril Sacks 1949/1950 (age 67–68) 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) |
| Net worth | $1.62 billion (May 2016) |
| 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.
Rodney Cyril Sacks was born and grew up in South Africa. His parents were Lithuanian-Jewish immigrants. 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.
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. In August 1989, Sacks 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 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.
Sacks and his family emigrated from South Africa to California in 1989. His sister Caron Sacks is married to Israeli politician Ze'ev Bielski and his brother is art collector Leslie Sacks.
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Wikipedia