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In 1984, he founded Red Bull GmbH [15] with Yoovidhya, launching the brand in Austria in 1987. [4] [13] Subsequently, he turned the Red Bull drink into a world market leader among energy drinks. [16] It was revealed that he worked on the formula for around three years before the modified drink was launched under the new name Red Bull in 1987. [11]
In 2021, Red Bull founded its own power unit division, Red Bull Powertrains, which will begin producing its own power units for the Red Bull-owned teams in 2026 with backing from Ford. Red Bull Racing chief technical officer Adrian Newey has been credited with designing highly-successful cars that are capable of championship contention. [21]
Red Bull is a brand of energy drinks created and owned by the Austrian company Red Bull GmbH.With a market share of 43%, it is the most popular energy drink brand as of 2020, [8] and the third most valuable soft drink brand, behind Coca-Cola and Pepsi. [9]
Red Bull was founded by Dietrich Mateschitz and Chaleo Yoovidhya, a Thai pharmacist. Mateschitz died last year and although his son, Mark, runs the company, the family holds only 49% ownership of ...
Red Bull was founded by Dietrich Mateschitz and Chaleo Yoovidhya, a Thai pharmacist, and Horner was close to both. But Mateschitz died last year and although his son, Mark, runs the company, the ...
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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]
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 Mateschitz the marketing. Each put up US$500,000 for 49 per cent of the Red Bull energy drink franchise, with Chaleo's son, Chalerm, owning the remaining two per cent. [8]