MANOJ BHARGAVA, PRODUCER OF 5-HOUR ENERGY DRINK (WHO DONATED 99% OF HIS WEALTH FOR THE BETTERMENT OF THE PEOPLE)

 Manoj Bhargava

Manoj Bhargava (born 1953) is an Indian American billionaire businessman and philanthropist. He is the founder and CEO of Innovation Ventures LLC (DBA Living Essentials LLC), a company known for the production of 5-Hour Energy Drinks.

 As of 2012, the brand had an estimated sales of $1 billion. In 2015, Bhargava pledged 99% of his net worth to improve the well-being of the less fortunate in the world.

Bhargava life and education 

Bhargava was born in 1953 in Lucknow, India and moved with his family to Philadelphia, Pennsylvania, United States in 1967. Bhargava won a mathematics scholarship to an "elite private academy" called The Hill School, and after graduating high school attended Princeton University for a year in 1972.

Business 

After college, Bhargava returned to India and spent the next 12 years visiting monasteries owned by the Hansloka Ashram. and worked in various middle class office and construction works.Bhargava returned to the US and joined Bhar Incorporated, his parents' plastic injection manufacturing company based in New Haven, Indiana. In 1990 he bought a company that made parts for outdoor furniture. In 2006, Prime PVC Inc. joined in. was sold to.Bhargava created Innovation Ventures LLC (DBA Living Essentials LLC), and launched 5 Hour Energy in 2003. By 2012, retail sales had grown to an estimated $1 billion. Over time, Bhargava created additional institutions or funds to support a variety of new ventures. These include a manufacturing venture lab called capital venture company Microdose Life Sciences, Stage 2 Innovation LLC, ETC Capital LLC, Plymouth Real Estate Holdings LLC and Oakland Energy and a private equity fund. Water Enterprises. In 2014, he financed Bleacher Street, a New York City-based film distribution company.Bhargava was interviewed on the ABC News show Nightline in September 2012. That year, a Forbes magazine article stated that Bhargava and his company, Innovation Ventures, had participated in 90 court cases against competitors, suppliers and affiliates since 2003. As of 2012, fourteen of those cases had been settled or dismissed.

Bhargava's net worth

In 2013, Forbes reported Bhargava's net worth at $1.5 billion, but in 2014 he was dropped from the list of billionaires. Bhargava's 2015 documentary, Billion in Change, reports that his net worth is over $4 billion,

Charitable work 

Bhargava is a member of the Giving Pledge campaign. In 2015, he pledged 99% of his assets to charity. His foundations include Hans Foundation and Rural India Supporting Trust. In 2016, Bhargava told National Geographic that he planned to distribute 10,000 of his stationary, electric-generating bikes to rural homes and villages in India.

Personal life

Bhargava is married, with one child, and lives in Farmington Hills, Michigan, USA.