Mike Repole Net Worth: Billionaires Rise from Queens to Success

July 2, 2024

Mike Repole is widely recognized as a pioneering entrepreneur with an impressive track record in the beverage industry. Born and raised in Middle Village, Queens, New York City, to Italian immigrant parents, he was the first in his family to graduate from college, earning a degree in Sports Administration from St. John's University.

Founding Glaceau and BodyArmor

Mike Repole co-founded Glaceau, the maker of popular beverages Vitaminwater and Smartwater, with J. Darius Bikoff. Their innovative approach in the beverage industry paid off when Coca-Cola acquired Glaceau in 2007 for $4.1 billion. Repole's success didn't stop there. He later co-founded BodyArmor SuperDrink with Lance Collins, attracting high-profile investors like Kobe Bryant. Coca-Cola also recognized the potential of BodyArmor and acquired a significant stake in 2018, followed by purchasing the remaining 85% for $5.6 billion in 2021.

"Mike Repole Kentucky Derby" by HorseRacingNation is licensed under CC BY 3.0. To view a copy of this license, visit https://creativecommons.org/licenses/by/3.0/.

Entrepreneurial Ventures Beyond Beverages

Repole's entrepreneurial spirit isn't limited to the beverage industry. He acquired the snack company Pirate’s Booty, which sold for $195 million in 2013. Additionally, in 2019, he co-starred in the investment show “Big Brain” produced by Barstool Sports.

In July 2023, Repole took a bold step by acquiring a majority stake in the athletic brand NoBull through his private equity firm, Impact Capital. Founded in 2015 by former Reebok executives Marcus Wilson and Michael Schaeffer, NoBull has garnered attention for its no-nonsense approach to training apparel and footwear. Despite significant challenges, including a 35% staff reduction in 2021, Repole aims to propel NoBull into the next billion-dollar performance training brand.

"Uncle Mo scratched from Derby" by WEBN-TV is licensed under CC BY-ND 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by-nd/2.0/.

Passion for Horse Racing

Beyond business, Repole harbors a deep passion for horse racing. He owns Repole Stable, which houses notable horses like Uncle Mo, Vino Rosso, and Mo Donegal. His horses have clinched prestigious victories in races such as the Kentucky Derby, Breeders' Cup Classic, and Belmont Stakes. In 2023, Repole celebrated wins at the Florida Derby and Breeders Cup Juvenile with his horses Forte and Fierceness, respectively.

Living the Dream

Despite his numerous achievements, Mike Repole remains grounded and grateful. His journey from a kid in Queens to a billionaire entrepreneur and racehorse owner is a testament to his work ethic, dedication, and visionary mindset. Repole's generous approach to stock options and equity has also enabled many endorsers, including athletes like Kobe Bryant, to benefit significantly from their investments in his companies. If you’re inspired by Repole’s story and would like to learn about other influential figures, check out our net worth category archive page for more insights.

Section Summary
Background Mike Repole, born in Middle Village, Queens, New York City, was the first in his Italian immigrant family to graduate college, earning a degree in Sports Administration from St. John's University.
Founding Glaceau and BodyArmor Co-founded Glaceau, known for Vitaminwater and Smartwater, later acquired by Coca-Cola for $4.1 billion in 2007. Also co-founded BodyArmor, which was acquired by Coca-Cola, culminating in a $5.6 billion deal in 2021.
Entrepreneurial Ventures Beyond Beverages Acquired and sold snack company Pirate’s Booty for $195 million in 2013. Co-starred in the investment show “Big Brain” in 2019. Acquired a majority stake in NoBull athletic brand in 2023 with Impact Capital.
Passion for Horse Racing Owns Repole Stable with notable victories in races like the Kentucky Derby, Breeders' Cup Classic, and Belmont Stakes. Celebrated wins at the Florida Derby and Breeders Cup Juvenile in 2023.
Living the Dream Mike Repole's journey from a kid in Queens to a billionaire entrepreneur and racehorse owner reflects his work ethic, dedication, and visionary mindset. His generous approach with stock options and equity has benefited many endorsers.
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JJ Sterling
As the co-founder of Urban Splatter and an architecture graduate from Chicago, I thrive on crafting a digital nexus where architectural innovation intersects with boundless digital opportunity. My academic roots in the Windy City's rich architectural tapestry inspire a unique vision for Urban Splatter's journey into the ever-evolving digital frontier of design. Join us as we navigate the exciting confluence of structure, style, and technology.

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