The South African billionaire who became CEO at 73

BusinessTech

Billionaire Hilton Schlosberg, co-founder of Monster Beverage, will take over as CEO on June 13, 2025. Schlosberg and partner Rodney Sacks have led the successful company, outperforming tech giants. Born in South Africa, Schlosberg partnered with Sacks in 1990 to acquire Hansen Natural Corporation, known for Hansen’s juices. The company faced financial struggles in the late 1980s, leading to bankruptcy in 1988.
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