As of 2023, Bang was the fourth-highest-selling energy drink in the United States, behind Monster, Red Bull and Celsius. [ 1 ] On July 31, 2023, Monster Beverage acquired Vital Pharmaceuticals for $362 million.

Bang Energy drink founder Jack Owoc revealed as buyer of record $40M Fort Lauderdale manse. He was recently ousted as CEO of Bang Energy

Bang has been in financial disrepair since at least March, when it defaulted on hundreds of millions of dollars in debt, bankruptcy court documents show. Bang’s lenders held off on seizing their collateral — and even advanced $60 million of new money — while the company searched for a rescue deal.

Net worth and salary As of late 2022, Jack Owoc’s net worth is estimated at close to $124 million; his main source of income is his company VPX. In 2019, Jack and Meg purchased Southwest Ranches home in Florida USA for $7.7 million; it’s unknown whether Owoc owns any other real estate properties.

The applause had died down by the time Jack Owoc mounted the stage in a Manhattan conference venue in June, a microphone in one hand, an energy shot in the other.