Manoj Bhargava is an entrepreneur, philanthropist, and founder and CEO of Living Essentials®. Born in Lucknow, India, he moved to the United States in 1967 at the age of 14. Manoj grew up in Philadelphia, Pennsylvania, and attended Princeton University for one year before dropping out and focusing the remainder of his education on spiritual studies in India and the United States.
In 1990, Manoj founded a plastics company that he grew to $20 million in sales, which he sold to a private equity firm. With this money, he started a consumer products company, Living Essentials®, which became an overwhelming success with the introduction of 5-Hour ENERGY® in 2004. Bhargava has committed to giving away 99% of his $4 billion dollar net worth and signed the well-known Giving Pledge in 2012. He also supports the Hans Foundation, one of the largest charitable organizations in India.
Manoj now focuses most of his time on creating medical and energy solutions at Stage 2 Innovations, his invention shop in Farmington Hills, Michigan. Manoj’s work at Stage 2 is the focus of the 2015 film, “Billions in Change” Located just outside of Detroit, Stage 2 is creating ways to manage healthcare and improve patient care through better diagnosis. Manoj’s belief is that there are several diseases that can be mostly eliminated using only software by spotting conditions before they become diseases. Stage 2 also focuses on the Renew Enhanced Circulation device that can improve lives by promoting circulation.
Manoj says, “The largest area of change for the richer half of the world is healthcare technology. Our aim is to reduce cost by at least 10% while improving patient care as well as to spread the use of medical technology to the poorer half of the world.”
On the energy side, Stage 2 has developed the Hans Free Electric bicycle system, which can provide electricity free of both cost and pollution to the billions of people around the world who live daily without electricity.