How Rich is Red Bull Founder Dietrich Mateschitz?
Red Bull is one of the world’s most famous sports brands. Its founder, Dietrich Mateschitz, is a billionaire Austrian entrepreneur. He owns 49% of the company, and he has built his fortune from the success of the energy drink.
Unlike Bill Gates, the Austrian entrepreneur Dietrich Mateschitz is less well known. He is not as well-known as the Microsoft CEO, but he is still worth $762 million. He is also not as famous as Wolfgang Puck, the $75 million celebrity chef. Yet, not many people realize that Mateschitz is part of the Austrian energy drink empire.
Mateschitz is an Austrian businessman with a net worth of $27.3 billion. The drink he founded is the world’s most successful sports beverage. He discovered it in Thailand thirty years ago and sought out its manufacturer. This innovative and high-flying beverage quickly became a hit in the Western world, earning him billions of dollars in the process. He is married to Julia Detrich, a fellow entrepreneur.
As the co-founder of Red Bull, Mateschitz holds 49% of the company’s shares. With this amount of wealth, he is the 53rd richest person in the world. He is an Austrian citizen of Croatian descent. His net worth is estimated to be around $20.2 billion as of June 2019. Aside from running Redbull, he also owns a brewery in Croatia.
The billionaire founder of the energy drink company, Red Bull, is a billionaire and lives in Austria. According to Forbes, the 76-year-old is one of the richest people in the country. As the co-founder of Redbull, he founded the company in 1987 and now sells it in 165 countries. Its products have become an instant success in the sporting world, and the billionaire was able to make a fortune out of this business.
Dietrich Mateschitz was born on 20 May 1944 in Sankt Marein, Styria, Austria. He has Croatian ancestry. He earned his MBA at the Vienna University of Economics and Business Administration. In 1985, he bought a luxury yacht and launched the company. During the following year, he founded the world’s most popular energy drink. Its profits and revenues rose significantly, and his company has grown from a small beverage to a huge enterprise.
The Austrian entrepreneur is worth over $20 billion. He is the richest person in Austria, and the company is based in Salzburg. Besides running the company, Dietrich Mateschitz is also an investor in three separate football teams, and also has his own submarine, where he entertains his guests.