James Monsees

Net Worth: $900'000'000

James Monsees

$900'000'000

James Monsees’s net worth: James Monsees is an American businessman and entrepreneur who has a net worth of $900’000’000. James Monsees is the co-founder and former chief product officer of Juul Labs. He co-founded it with Adam Bowen, the company. They met during smoke breaks while both were studying in 2004 at Stanford. Monsees graduated from the Whitfield School and earned his BA from Kenyon College and his MS from Stanford University, where he studied product design. In December 2018, Atria bought a 35 stake in Juul which increased the singer’s net worth. Juul was created in 2015 and had its headquarters in San Francisco, California. The company had a total 2018 revenue of 2 billion and employed 1500 people. The Juul e-cigarette packages nicotine salts from leaf tobacco into cartridges that have a one-time use. The e-cigarette became the most popular e-cigarette in the United States but has been subject to multiple investigations partly due to its high nicotine concentrations. Juul sold a 35-share stake to Atria In December 2018. A year later, the private valuation of the company was 38 billion. The company currently has a market value of 14 billion. Adam and James each reportedly own around 1. 75% of the company. In testimony before congress, In July 2019, California rep Mark Desalinate told James that he was an example of the worst of the Bay Area. You ask for forgiveness. You’re nothing but a drug marketer. Monsees stepped down as a member of Juul In March 2020.

ID: 1045723
Published: 19/08/2022
Views: 7
Male
Entrepreneur
United States of America

Present Rank:

Historical Rank:

2104

Date of Birth:

Date of Death:

Age:

0

Profession:

Entrepreneur

Nationality:

United States of America

Gender:

Male

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