Who is Manoj Bhargava?
Manoj Bhargava is an Indian-American businessman best known for creating 5-hour Energy, a popular energy supplement. He founded and runs Innovations Ventures, the company behind this product. According to reports, Manoj Bhargava Net Worth 2024 is $ 500 Million.
5-hour Energy: A Big Hit
Bhargava became famous with the success of 5-hour Energy, a small drink that gives a quick energy boost without the crash of other energy drinks. By 2012, 5-hour Energy was hugely successful, making about $1 billion in sales.
Losing Billionaire Status
Though Bhargava was a billionaire on paper around 2012/2013 due to 5-hour Energy’s success, he later fell out of the billionaire ranks.
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Manoj Bhargava Net Worth Analysis:
| Manoj Bhargava Net Worth 2024 | $ 500 million |
| Manoj Bhargava Net Worth 2023 | $ 350 million |
| Manoj Bhargava Net Worth 2019 | $ 150 million |
| Manoj Bhargava Net Worth 2017 | $ 55.50 million |
Other Ventures
Bhargava has also started other projects. He created Hans Power and Water, a water purification company, and helped launch Cypress Capital, a financial consulting firm, with James Housler.
Early Life: From India to America
Moving to the U.S. In 1967, as a teenager, Manoj moved with his family to Philadelphia, Pennsylvania. His father studied for a PhD at the University of Pennsylvania’s Wharton School.
Education Manoj went to the Hill School on a math scholarship and later enrolled at Princeton University in 1972 but dropped out after a year.
Career Beginnings
Exploring Monasteries After college, Manoj returned to India and spent 12 years exploring monasteries owned by the Hanslok Ashram.
Various Jobs During this time, he worked different office and construction jobs in both India and the US.
Joining the Family Business He later joined his parents’ plastic injection manufacturing company, Bhar Incorporated, in New Haven, Indiana.
Starting His Own Business In 1990, Manoj bought a company that made parts for outdoor furniture, starting his journey as a business owner.
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Manoj Bhargava Net Worth 2024, Age, Height, Weight, Social Media, Married, Family, Wiki Biography
| Total Net Worth- | $500 Million |
| Full Name– | Manoj Bhargava |
| Friend/Family members: | Manoj Bhargava is married to Sadhna, and together they have a son named Shaan. |
| Age- | 68 Years old |
| gender– | Male |
| height- | 5 feet 5 inch / 170 cm. |
| weight– | 95 kg/209 pounds |
| Birth date- | 1 January 1953 |
| Profession- | Manoj Bhargava is a successful businessman of Indian-American descent. He is best known as the founder and CEO of Innovations Ventures, the company behind the popular energy supplement, 5-hour Energy. |
| Nationality– | Indian |
Manoj Bhargava’s Wealth: 5-hour Energy and Legal Issues
5-hour Energy: The Key to Success
Manoj Bhargava became wealthy mainly because of 5-hour Energy, a drink supplement made by his company, Innovations Ventures (also known as Living Essentials). Bhargava is the CEO, and he started the company in 2004.
The drink contains vitamin B6, folic acid, glucuronolactone, and caffeine. It’s important to know that the product is not approved by the FDA. By 2012, 5-hour Energy had made $1 billion in retail sales.
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Legal Troubles
Despite its success, 5-hour Energy and Living Essentials have had legal problems. In 2017, the company was found guilty of deceptive practices under the Consumer Protection Act in Washington state.
The company was punished for making misleading claims, such as saying doctors recommended 5-hour Energy and that it was better than coffee. Living Essentials was ordered to pay $4.3 million in damages.
Manoj Bhargava’s Ventures: Supporting Innovation
Venturing into Diverse Fields
Manoj Bhargava has started various companies and funds to support innovation and growth.
- MicroDose Life Sciences: A venture capital company supporting new businesses in life sciences.
- Stage 2 Innovations: A laboratory focused on developing new manufacturing processes and technologies.
- ETC Capital: A private equity fund investing in promising ventures in different industries.
- Plymouth Real Estate Holdings: A company managing real estate assets.
- Cypress Capital: A financial advisory firm offering consulting services to wealthy clients, mainly in Michigan.
- Bleecker Street: A film distribution company in New York City, funded by Bhargava in 2014, showcasing his diverse interests and investments.
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FAQ’s: Manoj Bhargava Net Worth 2024
Still not satisfied? Here are some frequently asked questions:
How much is Manoj Bhargava’s net worth?
Manoj Bhargava’s Net worth is $500 Million.
What is Manoj Bhargava age?
Manoj Bhargava is a 68 years old.
Where was Manoj Bhargava born?
Manoj Bhargava was born in Lucknow, India in 1 January 1953.
What is Manoj Bhargava‘s listed height?
Manoj Bhargava‘s listed height is 5 feet 5 inches (1.70meters).
Who is Manoj Bhargava?
Manoj Bhargava is a successful businessman of Indian-American descent. He is best known as the founder and CEO of Innovations Ventures, the company behind the popular energy supplement, 5-hour Energy..