Austria Billionaire & Red Bull Co-founder 49% Owner Dietrich Mateschitz Dies at Age 78, Personal Fortune of $27 Billion & Owns Formula1 Red Bull Racin
28th October 2022 | Hong Kong
Austria billionaire & Red Bull (energy drink) co-founder with 49% ownership Dietrich Mateschitz has died at the age of 78 (1944 – 2022, 22/10/22) with an estimated personal fortune of $27 billion including owning Formula One Red Bull Racing, and football clubs Salzburg (Austria) & Leipzig (Germany). While traveling in Thailand in the 1980s, Dietrich Mateschitz discovered the Thai energy drink (sweetened, non-carbonated) developed by Thailand Chaleo Yoovidhya. In 1984, he incorporated Red Bull Gmbh and launched Red Bull in 1987 in Austria. Today, Chaleo Yoovidhya family owns 51% of Red Bull Gmbh (Chaleo Yoovidhya passed away in 2012 at the age of 88, 1923 – 2012), with Dietrich Mateschitz (estate) owning 49% of Red Bull Gmbh. Dietrich Mateschitz is also Austria richest man. Austria (Europe) has a GDP of $477 billion and 8.9 million population. Austria largest companies include Erste (Banking), OMV (Oil & Gas), STRABAG (construction), Voestalpine (Steel) & Raiffeisen Bank (Banking). Dietrich Mateschitz is not married, and is survived by his son Mark Gerhardter.
“ Austria Billionaire & Red Bull Co-founder 49% Owner Dietrich Mateschitz Dies at Age 78, Personal Fortune of $27 Billion & Owns Formula1 Red Bull Racing, Football Clubs Salzburg & Leipzig “
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Red Bull creator Dietrich Mateschitz passes away aged 78
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