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Mark Dietrich Mateschitz (German: [ˈmatεˌʃɪt͡s]; born 7 May 1992) is an Austrian billionaire heir who owns 49% of Red Bull GmbH, the energy drink company that was co-founded by his father, Dietrich Mateschitz. In 2024, Forbes estimated Mateschitz' net worth at $39.6 billion, ranking him as the 31st-richest person in the world. [1]
Mateschitz was born on 20 May 1944, in Sankt Marein im Mürztal, Styria, Austria, [3] [4] to a family of Slovene-Styrian or Croatian ancestry.His mother's side was from present-day Styria, his father's side was from Maribor (then still part of Styria, but now in Slovenia); [5] [6] some sources place his ancestry in the area of Zadar where he allegedly had relatives and the surname Matešić ...
Mark Mateschitz, son of the late Dietrich Mateschitz, became a 49% owner of Red Bull, GmbH following his father’s passing in 2022. Co-founded by his father, the company is known for its ...
The wealth of Red Bull's founders grew with the company's success, and by March 2012, both Chaleo and Mateschitz had estimated net worths of over $5.3 billion each. [7] [8] Expanding its distribution to over 171 countries, the company sold over 11.5 billion cans of Red Bull in 2022, making it the world's most-consumed energy drink. [9]
Dietrich Mateschitz, an Austrian salesman for a German company, found the drink cured his jet lag, [1] [8] and entered into partnership with Chaleo in 1984. [1] In 1987, the two launched an export version labelled "Red Bull", for which Chaleo provided the original formula (adapted for Western tastes under Mateschitz's guidance [ 11 ] ), and ...
Each partner invested US$500,000 of savings to fund the company. Yoovidhya and Mateschitz each held a 49 percent share of the new company. They gave the remaining two percent to Yoovidhya's son, Chalerm, but it was agreed that Mateschitz would run the company. [22] The product was first launched in Austria on 1 April 1987. [23]
Mateschitz (Croatian: Matešić) is an Austrian surname of South Slavic origin. Notable people with the surname include: Notable people with the surname include: Dietrich Mateschitz (1944–2022), Austrian businessman
After his older brother and son were paralyzed in accidents, Kinigadner helped start the Wings for Life foundation together with Dietrich Mateschitz, which is dedicated to finding a cure for spinal cord injuries. [8]