Billionaire founder of 5-hour ENERGY expands further into media

  • last year
Manoj Bhargava, the founder of 5-hour ENERGY, announced after that he is expanding his media interests by creating a significant media holdings portfolio with stakes in print and online media, television and radio broadcast, production and distribution, and digital advertising delivery.
Transcript
00:00 Manoj Bhargava, the billionaire founder and owner of 5 Hour Energy, is expanding his footprint
00:05 in the media space.
00:08 Bhargava is creating a portfolio with stakes in print and digital media, TV and radio broadcast,
00:14 production and distribution, and digital advertising.
00:17 The expansion into media comes after decades focused on solving some of the biggest challenges
00:21 of tomorrow's world.
00:23 The word philanthropy, it means service to humanity.
00:26 Philanthropy is for what I call the unlucky third of the world.
00:29 Those who are without any resources, what do they need?
00:35 That's the big question.
00:36 Stage 2 Innovations was just the start of his global philanthropy.
00:39 In 2015, Bhargava pledged to give away 99% of his net worth.
00:43 The real thing is to get the poor out of the poverty.
00:47 We created this group that has come to solve some of the biggest problems in the world.
00:52 Last year, Bhargava became the majority owner of two national television networks, Newsnet
00:57 and Sports News Highlights, which are available both over the air and via OTT streaming.
01:02 Manoj Bhargava, investor, inventor, philanthropist, and now, media mogul.
01:08 [MUSIC]

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