Rodney Sacks

Last updated
Rodney Sacks
Born1949or1950(age 73–74) [1]
South Africa
NationalitySouth African
Alma mater Wits University
Occupation(s)Chairman and CEO, Monster Beverage
Relatives Ze'ev Bielski (brother-in-law)
Adi Bielski (niece)
Leslie Sacks (brother)

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

Contents

Early life

Rodney Cyril Sacks [2] was born into a Lithuanian-Jewish family, he grew up in Johannesburg, 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] [6] and is the mother of actress Adi Bielski.

Related Research Articles

<span class="mw-page-title-main">The Coca-Cola Company</span> American multinational beverage corporation

The Coca-Cola Company is an American multinational corporation founded in 1892. It produces Coca-Cola. The drink industry company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes.

<span class="mw-page-title-main">Monster Energy</span> Energy drink

Monster Energy is an energy drink that was created by Hansen Natural Company in April 2002. As of 2022, Monster Energy had a 30.1% share of the American energy drink market, the second-highest after Red Bull.

<span class="mw-page-title-main">Clover Industries</span> Dairy company in South Africa

Clover Industries Limited is a branded foods and beverages group that used to be listed on the main board of the Johannesburg Stock Exchange. The company was delisted after a takeover by Milco, led by the Central Bottling Company from Israel.

<span class="mw-page-title-main">Monster Beverage</span> American beverage company

Monster Beverage Corporation is an American beverage company that manufactures energy drinks including Monster Energy, Relentless and Burn. The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products. The company renamed itself as Monster Beverage in 2012.

<span class="mw-page-title-main">Ze'ev Bielski</span> Israeli politician

Ze'ev Bielski is an Israeli politician who served as a member of the Knesset for Kadima between 2009 and 2013. He previously chaired the Jewish Agency and the World Zionist Organization and worked as a Jewish Agency emissary in South Africa. He also served as the mayor of Ra'anana. Bielski is a founder of The Israel Forum, whose purpose is to maintain a direct relationship between young Jews from the Diaspora and Israel in the areas of education and economy. He also played in the Israeli national basketball league.

<span class="mw-page-title-main">NOS (drink)</span> Energy drink company

NOS is an energy drink sold in 16-and-24-US-fluid-ounce cans. The drink was also distributed in a bottle designed to look like a NOS tank but this bottle has been discontinued. Formerly a property of the Coca-Cola Company, it is currently produced by Monster Beverage and licensed by Holley Performance, which owns the trademark. NOS contains 160 mg of caffeine, with an unknown amount of taurine and guarana. L-Theanine was removed as a "CMPLX6" ingredient in 2016, with inositol becoming listed as one of the six featured ingredients on the can. NOS Energy is currently available in Original, GT Grape, and Sonic Sour.

<span class="mw-page-title-main">E. Neville Isdell</span>

Edward Neville Isdell is an Irish businessman, former chair and CEO of The Coca-Cola Company and currently president of the WWF.

<span class="mw-page-title-main">Blue Sky Beverage Company</span> Beverage company

Blue Sky Beverage Company was a beverage company that produced soft drinks and energy drinks. It is a wholly owned subsidiary of the Monster Beverage Corporation. The company was established in Santa Fe, New Mexico, in 1980, where it remained until it was purchased by Monster in 2000. Coca-Cola North America took ownership of Blue Sky Sodas, Hansen’s Juice Products, Hansen’s Natural Sodas, Hubert’s Lemonade, Peace Tea and other non-energy drink brands as part of Coke’s partnership with Monster Beverage Corp on Jun 12, 2015. Blue Sky Beverage Company now operates out of Corona, California. The southwestern look and feel of the artwork on the soda cans is reminiscent of the company's roots in New Mexico.

<span class="mw-page-title-main">South African Institute of Race Relations</span> Organisation for socioeconomic policy and research in South Africa

The South African Institute of Race Relations (IRR) is a research and policy organisation in South Africa. The IRR was founded in 1929 to improve and report upon race relations in South Africa between the politically dominant white group and the black, coloured, and Indian populations, making the Institute "one of the oldest liberal institutions in the country".

Reed's Inc. is a US-based company that manufactures soft drinks and candies. The company was founded by Christopher J. Reed in 1989. It was originally based in Los Angeles, California, but moved its headquarters to Norwalk, Connecticut, in September 2018.

<span class="mw-page-title-main">John F. Brock</span> American businessman

John F. Brock, is an American businessman who was the chairman and chief executive officer of Coca-Cola Enterprises Inc. (CCE), the world's third-largest marketer, distributor, and producers of Coca-Cola products. He has more than 25 years of experience in the beverage sales industry.

<span class="mw-page-title-main">Bobby Godsell</span> South African businessman

Robert Michael "Bobby" Godsell is a retired South African businessman and the former CEO of South African gold mining company AngloGold Ashanti, a position he held from 1998 to 2007. He was the Non-Executive Chairman of Eskom from 2008 to 2009 and was appointed to the National Planning Commission of South Africa by former South African President Jacob Zuma on 30 April 2010.

Famous Brands Limited is a public company listed on the Johannesburg Stock Exchange (JSE) in South Africa, with head offices situated in Midrand, Johannesburg. The company is Africa's leading quick-service and casual dining restaurant franchisor. The company's global footprint of franchised stores totals 2,824 stores (2022). Besides its core business activities of quick service and casual dining, the company is also involved in food and beverage manufacturing and logistics with a focus on owning and managing the back-end supply chain of its restaurants.

Analjit Singh is the founder chairman of Max Group, a conglomerate with interests in life insurance, healthcare, and real estate. He is also the founder of Leeu Collection, an international collection of boutique hotels. He was also the Non-Executive Chairman of Vodafone India.

Vivian Saul Imerman is a South-African born businessman and former CEO of Del Monte International and Whyte and Mackay. He was nicknamed 'The Man from Del Monte.'

Distell Group Limited, commonly referred to as Distell, was a multinational brewing and beverage company, based in South Africa. On April 26, 2023, Distell was acquired by Heineken.

Hilton Hiller Schlosberg is a South African-born British billionaire businessman. He is the vice chairman, president, and chief operating officer (COO) of Monster Beverage since 1990.

Leslie J. Sacks was a Los Angeles–based art dealer and founder of Women's Voices Now.

Jan Pieter de Lange was a South African educationalist, chairman of the Afrikaner Broederbond, and a negotiator.

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. 1 2 3 4 5 "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. One Long House: Wolfe Sacks Archived 2015-05-01 at the Wayback Machine retrieved April 29, 2015