Rank #1023
Hilton Schlosberg & family
Net worth $4.1B
Energy drinks · United Kingdom
- Born
- Jan 01, 1953
- Age
- 73
- Source
- Energy drinks
- Residence
- Irvine, California
- Citizenship
- United Kingdom
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- 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.
Financial assets
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