Hilton Schlosberg & family
$4.1B
Born
Jan 01, 1953
Age
72
Source of Wealth
Energy drinks
Residence
Irvine, California
Citizenship
United Kingdom
Marital Status
Children
0
Education
- Hilton Schlosberg is vice chairman and CEO of Monster Beverage, known for its energy drinks. Fellow billionaire Rodney Sacks retired as the company's co-CEO in June 2025 but still serves as chairman.
- The duo started off in 1992 by buying soda maker Hansen Natural. They introduced the Monster energy drink brand in 2002 and renamed the company Monster Beverage in 2012.
- In 2015, Coca-Cola bought a 16.7% stake in Monster Beverage for $2.15 billion in cash and opened its global distribution network to Monster.
- Coca-Cola and Monster went into arbitration in 2018 after Coca-Cola decided to develop two energy drinks of its own. Coca-Cola ultimately won.
- In 2002, Schlosberg and business partner Rodney Sacks introduced Monster Energy in cans twice the size of competitor Red Bull's signature 8.4 ounce cans.
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