date:Aug 18, 2014
Rodney Sacks and Hilton Schlosberg wanted to get into the packaging business.
Frustrated in their attempt to find a company to buy, the partners took a tip from an investment banker and purchased debt-laden soda maker Hansen Natural Corp. in 1992.
Two decades, a name change and a whole lot of caffeine later, the partners have emerged as billionaires as their company, Monster Beverage Corp., agreed to sell a 17 percent stake to Coca-Cola Co. for $2.15 billion.
The stock jumped 30 percent to $9