Mark Mateschitz is the only child of Dietrich Mateschitz who is an Austrian billionaire. The billionaire co-founded Red Bull in 1987 as an energy drink.
Mark Mateschitz inherited 49% of Red Bull stake from his father after the founder died on October 2022.
Dietrich Mateschitz cofounded Red Bull with Chaleo Yoovidhya who is a Thai businessperson.
In 2023, Red Bull sold 12.1 billion cans of energy drink globally.
Red Bull has interests in sports through ownership of numerous sports teams including F1’s Red Bull Racing. The company also owns New York Red Bulls as well as EC Red Bull Salzburg.
Dietrich Mateschitz acquired a car collection of 69 F1 cars for $650 million. The car collection was owned by Bernie Ecclestone, 94, who started collecting the cars in 1970s.
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