What is Hilton Schlosberg's Net Worth?
Hilton Schlosberg is an American businessman who has a net worth of $1 billion. Hilton Schlosberg is an executive with the Monster Beverage Corporation. He has served as President, Chief Operating Officer, Vice Chairman of the Board of Directors, Secretary, and a Director since 1990. In 1992 he became a member of the Executive Committee, Vice Chairman, and a Director of MEC, and in 1996 he became Chief Financial Officer. Monster Beverage Corporation manufactures energy drinks, fruit drinks, and natural soft drinks. Their products include Monster Energy, Hansen's Energy, Hubert's Lemonade, Hansen's Natural Soda, Peace Tea, and Blue Sky.
Monster was reported to have a holding of 35% of the $32 billion energy drink market in 2012. Coca-Cola acquired a 16.7% stake in Monster in August 2014 with the formation of a long-term partnership. Monster Beverage Corporation had a revenue of $2.25 billion in 2013. In 2013 Hilton Schlosberg had a salary of $550,000. The majority of his compensation came from option awards at over $5 million and he took home a total compensation of over $6 million. In January 2014 Schlosberg sold 200,000 shares of Monster for over $13 million along with Monster CEO and Chairman Rodney Sacks.
