Manoj Bhargava, born in Lucknow, is a US-based billionaire with a net worth of $1.5 billion according to Forbes.
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Bhargava is the founder and owner of the popular 5-Hour Energy drink, which has contributed significantly to his fortune.
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Bhargava has signed a binding letter of intent to acquire 65% of Arena Group Holdings Inc., a media company that owns brands like Sports Illustrated, TheStreet, and Men’s Journal.
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As part of the Arena Group deal, Bhargava’s privately-held media company, Bridge Media Networks, will become part of Arena Group, expanding his influence in broadcast and digital media.
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Bhargava's media ventures include two national television networks, over 100 owned and affiliated stations, and multiple over-the-air, OTT, and CTV agreements.
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Philanthropy and Global Investments: Bhargava is committed to dedicating most of his wealth to philanthropy, particularly to help the poorest third of the world. He is also a major investor in HANS Premium Water, Diagnostic Green, and Stage2 Innovations.
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Bhargava aims to create a well-capitalized media company with diverse capabilities in digital, print, commerce, and video, all driven by a unified technology platform.
