How rich is Mike Repole ?
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Mike Repole Net Worth, Wiki & Biography in 2017
Mike Repole was born in the 1970 in Queens, New York City USA, of Italian descent, and is an entrepreneur and businessman, who is probably best recognized for being the co-founder of Glacéau vitamin water, together with his partner Darius Bikoff. He is also known for being the co-founder of BODYARMOR, as well as the chairman on the board at Pirate’s Booty. He has been an active member of the business industry since 1998.
So, have you ever wondered how rich Mike Repole is, as of early 2017? According to authoritative sources, it has been estimated that Mike counts the total size of his net worth at the impressive amount of $1 billion, accumulated through his successful involvement in the business industry.
Mike Repole Net Worth $1 Billion
Mike Repole spent his childhood with his brother in Middle Village, Queens, where he was raised in a Catholic family by his father, Benny, who worked as a waiter, and his mother, Anna, who was a seamstress – both of them were immigrants from Italy. He was a student at St. Margaret’s Elementary School and Holy Cross High School. Upon matriculation, he enrolled at St. John’s University, from which he graduated with a BA degree in Sports Management in 1991. Right after graduation, he didn’t have any plans for his future career; however, everything changed in the late 1990s.
Mike became an active member of the business industry in 1998, when he co-founded Glacéau vitamin water, together with his partner Darius Bikoff. The company’s main target was to become common in every gym around the country. By the following year, the company had over $1 million in sales, and it grew every year, so by 2007 it had become the No. 1 water brand in the US, achieving over $1 billion in sales every year, which added a considerable amount of money to his net worth. Soon, he and his partner Bikoff made the decision to sell the company to Cola-Cola for $4.1 billion.
Afterwards, Mike turned his focus to become majority owner of Pirate’s Booty snack lines, and he joined the company as the chairman of the board. Thanks to his skills in marketing, the company grew almost 400% in less than five years, and B&G Food bought the company for $200 million in 2013, which also increased his net worth by a large margin. He is currently the owner of a majority stake in Pirate Brands, and he is also the majority owner of Energy Kitchen, a restaurant chain in New York City, as well as King Healthy Snacks.
To speak further about his career, Mike is also the co-founder of BODYARMOR, which became the third largest seller of sports drinks in the US. Most recently, it announced that the company earned more than $150 million in sales in 2016. Mike’s net worth is certainly still rising.
Moreover, Mike is also recognized as the owner of 80 racehorses, who participate regularly at the Kentucky Derby. One of the most popular horses is Uncle Mo, who was named the American Champion Two-Year-Old of 2010.
When it comes to his personal life, Mike Repole has been married to Maria since 1999. Their current residence is in Long Island, New York.