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may be at risk of losing his $100million radio contract, but the shock jock certainly won't be
The radio host, 54, has previously been open about his numerous business ventures, with various investments made through his King Kyle Group.
Among the most lucrative of them all is his 23 per cent shareholder stake in the successful coconut water business H2Coco.
The brand, which offers everything from coconut water to coconut oil, was founded by Australian CEO David Freeman in 2010, with Kyle backing the company in 2014.
When Kyle's involvement in the brand was first announced, it was reported he owned 23 per cent of the business through his King Kyle Investments company.
Current ASIC records show he is still a major shareholder, holding 250,000 of the company's 1.58 million shares.
Kyle Sandilands may be at risk of losing his $100million radio contract, but the shock jock certainly won't be wanting for cash if he does
Each share has an approximate paid value of $162,000, though their actual value is not publicly available.
In 2022, the company was believed to be worth $76million.
However, a business collaboration between H2Coco and Pinnacle Drinks' seltzer brand Rainbird is expected to triple the company's value by 2029.
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Rainbird x H2Coco Vodka and Coconut Water claims to blend premium vodka with H2Coco's coconut water and either pineapple or passionfruit juice.
The new RTD range is expected to capitalise on the rapid growth of Australia's coconut water market.
Speaking about his association with H2Coco in 2013, Sandilands told News Corp he was driven to conquer the beverage market.
'I wanted to be a beverage king, the king of drinks,' he said.
'I am like a cartoon character that just floats around. I know that sounds ridiculous but it's true.'
The radio host, 54, has previously been open about his numerous business ventures, with various investments made through his King Kyle Group. And among the most lucrative of them all is his 23 per cent shareholder stake in the successful coconut water business H2Coco
The brand, which offers everything from coconut water to coconut oil, was founded by Australian CEO David Freeman in 2010, with Kyle backing the company in 2014. When Kyle's involvement in the brand was first announced, it was reported he owned 23 per cent of the business through his King Kyle Investments company
Current ASIC records show he is still a major shareholder, holding 250,000 of the company's 1.58 million shares. Each share has an approximate paid value of $162,000, though their actual value is not publicly available. In 2022, the company was believed to be worth $76million
Speaking about his association with H2Coco in 2013, Sandilands told News Corp that he was driven to conquer the beverage market. 'I wanted to be a beverage king, the king of drinks,' he said
'They both realised, like, "Why aren't we allowed to talk to each other?"' a source said.
