Several headlines around Dietrich Mateschitz Net Worth are trending on the internet after the Austrian billionaire left the world at 78.
Austrian billionaire Dietrich Mateschitz was the owner of the world’s most consumable energy drink, Red Bull. He was the co-founder and 49% owner of Red Bull GmbH.
As per reports, the Austrian Servus TV station, owned by Red Bull Media House GmbH, is known for promoting provocative right-wing views.
At 78, Red Bull Formula One confirmed the death of their owner. Officials with the Red Bull racing team at the United States Grand Prix in Austin, Texas, announced Mateschitz’s death on October 22, 2022.
The business tycoon was the driving force behind establishing what became the global market leader in energy drinks.
Austrian billionaire was a salesman for consumer goods Company Procter & Gamble when he discovered Krating Daeng, the drink that would become Red Bull.
Dietrich Mateschitz Net Worth At Death
As of October 2022, Mateschitz’s net worth was estimated at US$25.4 billion.
Before his death, the Red Bull co-founder gained fame as the public face of Red Bull, an Austrian-Thai conglomerate that says it sold nearly 10 billion cans of caffeine and taurine-based drink in 172 countries worldwide the previous year.
Red Bull owner lived in Fuschl am See, Austria but also owned Laucala Island, off Fiji, which he bought from the Forbes family for £7 million.
In 1984, he founded Red Bull with the drink’s founder, Thai Chaleo Yoovidhya. He launched the Red Bull brand in 1987, turning it into the world’s biggest energy drink worth $25 million.
In 2022, Mateschitz was named Austria’s richest person by Forbes, with an estimated net worth of 27.4 billion euros ($27 billion).
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How Did Austrian Businessmen Die?
Although Red Bull racing officials confirmed the death of Dietrich, his actual death was a long period of illness that led to his death on October 22, 2022.
Dietrich Mateschitz not only helped the energy drink become popular worldwide but also built up sports, media, real estate, and gastronomy empires around the brand.
The businessman purchased the F1 circuit in the town of Spielberg, which is now named the Red Bull Ring and hosts the Austrian Grand Prix.
With the growing success of Red Bull, he significantly expanded his investments in sports, specifically motorsports and extreme sports. Red Bull now operates football clubs, ice hockey, and F1 racing teams. Red Bull has contracts with hundreds of athletes in various sports and a deep driver development program to get racers to the top level.
Besides racing, Red Bull operates soccer teams in top divisions across Austria, Germany, Brazil, and the U.S.His Company started by buying Austrian club SV Austria Salzburg in 2005 and rebranding it in the Company colors under the name Red Bull Salzburg.
Who Is Dietrich Mateschitz Wife?
According to his Wikipedia profile, the business tycoon never married but had a son whose details are unveiled in the media.
However, the founder has only one son named Marc, who was born from a relationship that lasted only two years with a former ski instructor, Anita.
The business tycoon held a pilot’s license and enjoyed flying a Falcon 900 and a Piper Super Cub.
Besides RedBull, Dietrich was co-founder of the Wings for Life foundation, which supports spinal cord research with Heinz Kinigadner. Since 2014, the foundation has organized the Wings for Life World Run to raise funds.
Under Dietrich’s stewardship, Red Bull expanded its market share, first in Europe, then in the United States, helped by marketing campaigns promoting the drink’s claimed stimulating properties and extensive sponsorship agreements in motorsports, soccer, extreme sports, and the music industry.
Dietrich Mateschitz Family:Is He Cortian?
Dietrich Mateschitz,78, was born on May 20, 1944, in Sankt Marein im Mürztal, Styria, Austria, to a family of Croatian ancestry.
Some sources state that he had relatives in the Zadar area of Croatia.
As per his Wikipedia records, the businessman’s mother was from Styria, and his Father was from Maribor. Dietrich’s parents were both primary school teachers and separated when he was young.
His only son, Marc, was born in 1992. Anita is currently serving as the head of Mateschitz Foundation Wings for Life, a non-profit organization founded by Dietrich.