The Shocking Truth About Zev Stern’s Net Worth: How He Earned Millions and Made Big Moves in Business and Investments
Introduction:
Zev Stern is a renowned businessman and investor with an impressive net worth. He made significant moves in his career, such as co-founding ROAR Beverages, one of the most successful energy drink brands in the United States. However, behind his success and wealth, there are interesting details and stories that many people do not know. In this blog post, we will uncover the shocking truth about Zev Stern’s net worth, how he earned millions, and the big moves he made in business and investments.
Section 1: Early Life and Education:
Zev Stern was born in New York City in 1973 and raised in a family of business-oriented people. His family owned and operated a chain of retail stores in the New York metropolitan area. At a young age, Stern learned the importance of hard work and entrepreneurship. He graduated from Cornell University with a degree in Business Administration in 1996.
Section 2: Co-founding ROAR Beverages:
After graduation, Stern started his career by joining the marketing team of Snapple and later, Nestle Waters North America. In 2011, he co-founded ROAR Beverages with his cousins Aaron and Roy. The company’s flagship product, ROAR Organic, quickly became a top player in the energy drink market, and the company was acquired by Constellation Brands in 2019, cementing the Stern family’s prominent status in the beverage industry.
Section 3: Investments in Real Estate:
Stern is also known for his investments in the real estate industry. He has participated in several high-profile real estate projects, including the development of luxury condominiums in New York City, Miami, and other cities. His company, RWN Real Estate Partners, has a successful track record of identifying lucrative investment opportunities and generating significant returns for its investors.
Section 4: Philanthropic Endeavors:
Aside from his business ventures, Stern is also involved in various philanthropic causes. He and his family have donated millions of dollars to numerous charities and foundations, including the Robin Hood Foundation and the Sunrise Association for children with cancer. Stern’s philanthropic efforts demonstrate his commitment to making a positive impact on society.
Section 5: Controversial Lawsuit:
In 2017, Zev Stern and other executives of ROAR Beverages were accused of sexual harassment and fired by investors. The allegations were later dismissed by a judge, but the incident tarnished the reputation of Stern and the company.
Section 6: The Current Status of Stern’s Net Worth:
As of 2021, Zev Stern’s net worth is estimated at $150 million, according to CelebrityNetWorth.com. His wealth is a result of his successful business ventures and investments in real estate.
Section 7: FAQs:
1. What is Zev Stern’s current net worth?
Zev Stern’s net worth as of 2021 is estimated at $150 million, according to CelebrityNetWorth.com.
2. What is ROAR Beverages?
ROAR Beverages is a beverage company co-founded by Zev Stern in 2011. The company’s flagship product, ROAR Organic, is a leading player in the energy drink market.
3. What are Stern’s investments in real estate?
Stern has invested in several high-profile real estate projects, including the development of luxury condominiums in New York City, Miami, and other cities through his company RWN Real Estate Partners.
4. What philanthropic causes is Stern involved in?
Stern is involved in several philanthropic causes and has donated millions of dollars to numerous charities and foundations, including the Robin Hood Foundation and the Sunrise Association for children with cancer.
5. What was the controversial lawsuit involving Stern and ROAR Beverages?
In 2017, Stern and other ROAR Beverages executives were accused of sexual harassment and fired by investors. The allegations were later dismissed by a judge.
6. What are some of Stern’s successful ventures?
Aside from co-founding ROAR Beverages, Stern has had successful ventures in the real estate industry and has a proven track record of identifying lucrative investment opportunities.
7. What is Stern’s educational background?
Stern graduated from Cornell University with a degree in Business Administration in 1996.
Section 8: Conclusion:
In conclusion, Zev Stern’s net worth and success are a result of his hard work, dedication, and strategic business moves. From co-founding ROAR Beverages to investing in real estate and philanthropic causes, Stern has made a significant impact on society. Though he faced a controversial lawsuit in 2017, it does not diminish the remarkable achievements and contributions he has made in his career. If you want to learn more about Stern’s business ventures and investments, make sure to follow his story and keep an eye on what he does next.