Rodney Sacks

{{Short description|South African businessman}}

{{Infobox person

| image =

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| name = Rodney Sacks

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| birth_date = {{birth based on age as of date|66|2016|05|18}}{{cite web|title=Profile: Rodney Sacks|url=https://www.forbes.com/profile/rodney-sacks-1/|website=Forbes|access-date=2018-08-31}}

| birth_place = South Africa

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| nationality = South African

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|alma_mater = University of the Witwatersrand

| occupation = Chairman and CEO, Monster Beverage

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| relatives = Ze'ev Bielski (brother-in-law)
Adi Bielski (niece)
Leslie Sacks (brother)

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Rodney Cyril Sacks (born {{birth based on age as of date|66|2016|05|18

|noage=y}}) is a South African billionaire businessman, chairman, and CEO of Monster Beverage since 1990.

Early life

Rodney Cyril Sacks{{cite news|last1=White|first1=Ronald D.|title=A thirst for energy drinks is juicing Monster Beverage's sales|url=http://www.latimes.com/business/la-fi-stock-spotlight-monster-20140630-story.html|access-date=4 March 2015|newspaper=LA Times|date=29 June 2014}} was born into a Lithuanian-Jewish family, he grew up in Johannesburg, South Africa. His brother was art collector Leslie Sacks.[http://onelonghouse.com/wolfe-an-oral-biography/ One Long House: Wolfe Sacks] {{webarchive|url=https://web.archive.org/web/20150501161809/http://onelonghouse.com/wolfe-an-oral-biography/|date=2015-05-01}} retrieved April 29, 2015 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.{{cite web|title=Rodney Sacks Chairman and Chief Executive Officer, Monster Beverage Corporation|url=http://beverageforum.com/index.php/11-speakers/13-rodney-sacks|website=Beverageforum.com|access-date=4 March 2015}}

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. 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.

Personal life

Sacks and his family emigrated from South Africa to California in 1989. His sister Caron Sacks is married to Israeli politician Ze'ev Bielski,{{Cite news|first=Greer Fay |last=Cashman |title= Grapevine: US politicians flock to visit - Sculpture garden dedicated at Ariel University Center, and youth essay contest launched |newspaper=Jerusalem Post|date=August 25, 2009 |url=http://www.jpost.com/Opinion/Columnists/Grapevine-US-politicians-flock-to-visit |quote=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...}}[http://onelonghouse.com/wolfe-an-oral-biography/ One Long House: Wolfe Sacks] {{webarchive|url=https://web.archive.org/web/20150501161809/http://onelonghouse.com/wolfe-an-oral-biography/ |date=2015-05-01 }} retrieved April 29, 2015 and is the mother of actress Adi Bielski.

References