#843

Carl DeSantis

United States 86 years old Self-Made

Overview

Source of Wealth
Energy drink
Residence
Children
3

Assets

  • Celsius Holdings
    18,841,000 shares @ -
    -
    CELH-US
  • Integrated BioPharma
    150,000 shares @ -
    -
    INBP-US
  • Integrated BioPharma
    12,767,000 shares @ -
    -
    INBP-US
  • Integrated BioPharma
    50,000 shares @ -
    -
    INBP-US
  • Integrated BioPharma
    50,000 shares @ -
    -
    INBP-US

Biography

DeSantis founded Sundown Vitamins, later renamed Rexall Sundown, in 1976 and took the company public in 1993.

Dutch food giant Royal Numico acquired Rexall Sundown for $1.8 billion in 2000, and DeSantis then started a family office in Boca Raton, Florida.

A business partner introduced him to Celsius Holdings, an energy drink producer then based in nearby Delray Beach, in the mid-2000s.

DeSantis owns 30% of Celsius shares, which soared tenfold in 2020, making him a billionaire.

DeSantis dropped out of Florida State in the 1950s and started his career at Walgreens, eventually becoming the manager of a store in Greensboro, N.C.

About

DeSantis developed and owned the 50,000-acre Kwandwe private game reserve in South Africa for more than a decade before selling in 2012.