James Monsees Net Worth
James Monsees net worth: James Monsees is an American businessman and entrepreneur who has a net worth of $1.1 billion. James Monsees is the co-founder and chief product officer of the electronic cigarette company Juul Labs. He co-founded the company with Adam Bowen. Monsees graduated from Whitfield School and earned his BA from Kenyon College and his MS from Stanford University where he studied product design. Altria purchased a 35% stake in Juul in December 2018 which increase his net worth. Juul was formed in 2015 and is headquartered in San Francisco, California. The company had a revenue of $2 billion in 2018 and also employed 1,500 people. The Juul e-cigarette packages nicotine salts from leaf tobacco into cartridges that have a one time use. It became the most popular e-cigarette in the U.S. but has been subject to multiple investigations by the U.S. Food and Drug Administration partly due to its high nicotine concentrations.
|Net Worth:||$1.1 Billion|