Manoj Bhargava Net Worth is$1 Billion
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Nicknames: 5-Hour Energy
What is Manoj Bhargava's net worth? Manoj Bhargava's net worth is $1 billion dollars. Born in Lucknow, India, Manoj Bhargava attended Princeton University, but subsequently dropped out to focus on a spiritual education in India. After working various jobs in India, he founded a plastics and raw materials company. The company ended up becoming wildly successful, reaching $20 million in sales annually. He sold the company and used the profits to develop another company called Living Essentials. Living Essentials is the umbrella corporation for the popular energy drink, "5-Hour Energy". Mr. Bhargava's stake in Living Essentials is now valued at over $3 billion dollars. In addition to Living Essentials, he also started the companies Sentarra Water, ETC Capital, Stage 2 Innovations, US Rail, and Microdose Life Sciences. He is also known for his charitable giving and for his monetary support of initiatives surrounding building hospitals for the poor and the education of disadvantaged women who are located in rural areas.
Manoj Bhargava (born 1953) is an entrepreneur, philanthropist, and founder and CEO of 5-hour Energy, a 2-ounce energy shot. He was born in Lucknow, India and moved to the United States in 1967 at the age of 14. According to Forbes Magazine in 2012, Bhargava may be the wealthiest Indian in America. Crain's Detroit Business awarded Bhargava its "Newsmaker of the Year 2011" award.
Bhargava attended high school at the Hill School in Pottstown, PA, graduating in 1972 before attending Princeton University. He dropped out after completing one year. After that he dedicated many years to a spiritual education in India and the United States.
Early in his life, Bhargava worked at a variety of jobs including construction laborer, construction cleaning contractor, accounting clerk, taxi driver, printing press operator and business manager. He started a plastics raw material company in 1990, Prime PVC Inc., now called Prime Conduit, which he grew to $20 million in sales and then sold to a private equity firm. After that he started a consumer products company, Living Essentials. In 2004, the company developed the product "5-Hour Energy", which has become a well-known brand in the energy drink market. Bhargava's stake in Living Essentials is valued at over $3 billion.
Today his business start-ups include Living Essentials (maker of 5-Hour Energy), Senterra Water (desalination and water purification), ETC Capital (an investment company), Stage 2 Innovations (products for fuel efficiency that invests in Michigan tech), Microdose Life Sciences(medical devices), and US Rail(railroad and freight terminal operations).
5-Hour Energy was introduced to the marketplace in 2004. Retail sales grew to over $1 billion by 2011. Forbes reports that the research firm Symphony IRI believes 5-Hour to hold 90% of the energy shot market. Bhargava's innovation was creating a blend of vitamins and amino acids that was safe and effective for those who felt tired. His other innovation inclu

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Manoj Bhargava Net Worth

Manoj Bhargava net worth: Manoj Bhargava is an Indian entrepreneur who has a net worth of $1.3 billion dollars. Born in Lucknow, India, Manoj Bhargava attended Princeton University, but subsequently dropped out to focus on a spiritual education in India.
Posted: February 21, 2012, 7:16 am

How Old Coffee Grounds Could Help Africa's Water Shortages

Capturing drain water also cuts energy. Manoj Bhargava, who changed convenience store impulse purchasing forever with 5-Hour Energy Drink, meanwhile is behind the Rainmaker, a modular recycling system that can deliver 50,000 gallons a day. The Rainmaker ...
Posted: October 12, 2016, 8:53 am

Billions in Change

Manoj Bhargava is the Indian American businessman and philanthropist who is the founder and CEO of the popular consumer drink 5-Hour Energy. For those who are not familiar, 5-Hour Energy is a two-ounce caffeine and vitamin elixir which claims to keep one ...
Posted: October 17, 2016, 3:26 am
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