Mike Repole Net Worth: The Story of a Successful Entrepreneur

What is Mike Repole’s Net Worth and Salary?

Mike Repole has a net worth of approximately $1 billion, according to Forbes. Repole’s fortune comes from his stake in Glacéau, the maker of Vitaminwater, which was sold to Coca-Cola for $4.1 billion in 2007. He also co-founded and currently serves as co-chairman of BodyArmor, a sports drink brand that’s quickly gaining market share in the category.

As for his salary, it’s difficult to determine an exact figure since he’s involved in several businesses. However, in an interview with Forbes, Repole mentioned that he doesn’t take a salary from BodyArmor, but rather reinvests his profits back into the company.

Early Life and Education

Mike Repole was born on July 21, 1969, in Middle Village, Queens. He grew up in Queens Village and attended St. John’s University where he studied sports management and marketing.

During his college years, Repole worked at a grocery store where he met his future business partner, J. Darius Bikoff. The two quickly became friends and later co-founded Glacéau.

Career

After graduating from college, Repole worked at a sports marketing firm where he helped launch some of the biggest brands in the industry, including Gatorade and Vitaminwater.

In 1996, Repole left his job to launch his own marketing firm, which focused on helping startups. Two years later, he and Bikoff launched Glacéau, the company that would eventually make them both billionaires.

After the sale of Glacéau, Repole stayed on for a few years to help Coca-Cola integrate the brand into its portfolio. In 2011, he co-founded BodyArmor, a sports drink that boasted fewer calories and less sugar than its competitors.

In addition to his work with BodyArmor, Repole is an owner of a thoroughbred horse racing stable, Repole Stable. His horses have won numerous stakes races, including the Kentucky Oaks and the Belmont Stakes.

Personal Life

Mike Repole is notoriously private about his personal life. He’s been married since the early 2000s and has two children. In an interview with Forbes, he mentioned that his family is his top priority.

When he’s not working, Repole enjoys spending time with his family, playing golf, and watching sports.

Illness and Death

Fortunately, Mike Repole is still alive and kicking. There have been no reports of serious illnesses or health problems.

Real Estate

In 2016, Mike Repole purchased a $39 million mansion in Southampton, New York. The estate, known as the Sandcastle, boasts 10 bedrooms, 17 bathrooms, a movie theater, indoor basketball court, and bowling alley.

Repole has also been active in the real estate market in Miami, where he’s purchased several properties.

Legacy

Mike Repole’s legacy is still being written. As co-founder and co-chairman of BodyArmor, he’s disrupting the sports drink industry and making a name for himself as a sports entrepreneur.

As an owner of a thoroughbred horse racing stable, Repole has already made his mark on the sport. His horses have won some of the biggest races in the industry, and he’s become something of a legend in the racing community.

FAQs

1. How did Mike Repole make his fortune?

Mike Repole made his fortune by co-founding Glacéau, the maker of Vitaminwater. The company was sold to Coca-Cola for $4.1 billion in 2007. He also co-founded BodyArmor, a sports drink brand that’s quickly gaining market share in the category.

2. What is Mike Repole’s stake in BodyArmor?

Mike Repole’s stake in BodyArmor is not disclosed, but Forbes estimates that the company is worth around $700 million, which would put Repole’s stake at around $350 million.

3. What is Repole Stable?

Repole Stable is a thoroughbred horse racing stable owned by Mike Repole. The stable has won numerous stakes races, including the Kentucky Oaks and Belmont Stakes.

4. What is the Sandcastle?

The Sandcastle is a $39 million mansion in Southampton, New York, purchased by Mike Repole in 2016. The estate has 10 bedrooms, 17 bathrooms, a movie theater, indoor basketball court, and bowling alley.

5. What is Mike Repole’s net worth?

Mike Repole’s net worth is approximately $1 billion, according to Forbes.

6. What does Mike Repole do for a living?

Mike Repole is a sports entrepreneur, co-founder of BodyArmor, and owner of Repole Stable, a thoroughbred horse racing stable.

7. What is BodyArmor?

BodyArmor is a sports drink brand that’s quickly gaining market share in the category. The company was co-founded by Mike Repole in 2011.

8. What is Mike Repole’s background?

Mike Repole studied sports management and marketing at St. John’s University. He worked in sports marketing before co-founding Glacéau with J. Darius Bikoff.

9. How old is Mike Repole?

Mike Repole was born on July 21, 1969, which makes him 52 years old as of 2021.

10. What other businesses has Mike Repole been involved in?

In addition to Glacéau and BodyArmor, Mike Repole has been involved in several other businesses, including Pirate’s Booty and smartwater.

11. What sports has Mike Repole been involved in?

Mike Repole’s businesses have primarily been focused on the sports industry, including sports drinks and thoroughbred horse racing.

12. Who is Mike Repole’s business partner?

Mike Repole’s business partner is J. Darius Bikoff. The two co-founded Glacéau together.

13. Is Mike Repole involved in any charities?

Mike Repole is involved in several charities, including the Gabrielle’s Angel Foundation for Cancer Research and City Harvest.

14. What is Mike Repole’s business philosophy?

Mike Repole’s business philosophy is centered on disruption. He seeks out industries that are ripe for disruption and looks for opportunities to create products that challenge the status quo.

15. What advice would Mike Repole give to young entrepreneurs?

Mike Repole advises young entrepreneurs to find an industry that they’re passionate about and to be willing to take risks. He also emphasizes the importance of hard work and perseverance in achieving success.