Red Bull CEO net worth
Mateschitz was a co-founder and 49% owner of Red Bull, the world’s largest manufacturer of energy drinks. In 2021, the Salzburg, Austria-based firm sold 9.8 billion cans and earned 7.8 billion euros ($9.2 billion). He advertised the firm using branded assets such as soccer and Formula One clubs. Mateschitz’s riches were mostly acquired from a…
Mateschitz was a co-founder and 49% owner of Red Bull, the world’s largest manufacturer of energy drinks. In 2021, the Salzburg, Austria-based firm sold 9.8 billion cans and earned 7.8 billion euros ($9.2 billion). He advertised the firm using branded assets such as soccer and Formula One clubs.
Mateschitz’s riches were mostly acquired from a 49% interest in Red Bull, the world’s largest energy drink firm. He co-founded the company with the late Chaleo Yoovidhya, investing $500,000 and taking 49% interest, with the balance going to Yoovidhya’s son. When the older Yoovidhya died in March 2012, the stake was handed down to his family.
According to its website, Red Bull and its consolidated companies sold 9.8 billion cans and earned 7.8 billion euros ($9.2 billion) in sales in 2021. Its worth is calculated by averaging the enterprise value-to-sales multiples of three publicly traded comparable companies: Monster Beverage, Coca-Cola Consolidated, and Keurig Dr. Pepper.
Mateschitz’s cash investments are valued based on an examination of his expenditures, dividends, taxes, and market performance.
Red Bull CEO net worth
Dietrich Mateschitz was the co-founder and 49% owner of Red Bull GmbH until he died on October 22, 2022. Mateschitz’s net worth is predicted to be $25.4 billion as of October 2021.
