Chaleo Yoovidhya Net Worth is
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Chaleo Yoovidhya (Thai: ????,??,??,u?,??,? ?,-?,??,?????,??,??,??,??,?, RTGS: Chaliao Yuwitthaya, Thai pronunciation: [????? l????aw j????w?-tt????ja??]) was a Thai businessman who originated the Krating Daeng (?,??,??,??,??,??,?????,??,?) and was co-creator of the Red Bull brands of energy drinks. At the time of his death on 17 March 2012, Chaleo was listed as the third-richest person in Thailand, with an estimated net worth of $5 billion.
Various news sources suggest Chaleo was born in Central Thailand at some point between 1922 and 1932, into a poor Thai-Chinese family that raised ducks and traded fruit in Phichit.
With little formal education, he worked for his parents, then moved to Bangkok. He became an antibiotics salesman, before quitting to set up his own small pharmaceutical company, TC Pharmaceuticals, in the early 1960s. Later, he developed an energy-boosting beverage that was first introduced in 1976. The logo depicts two large, red bulls charging each other, which are not cattle but wild gaur, a bovine species native to Southeast Asia called krathing (?,??,??,??,??,??,?) in Thai. Dietrich Mateschitz, an Austrian salesman for a German company, found the drink cured his jet lag, and entered into partnership with Chaleo in 1984. In 1987, the two launched an export version labelled "Red Bull," for which Chaleo provided the formula and Mateschitz the marketing. Each put up US$500,000 for 49% of the Red Bull energy drink franchise, with Chaleo's son, Chalerm, owning the remaining 2%. Chaleo continued to own TC Pharmaceuticals, which manufactured other energy drinks in Thailand, and was part owner of Piyavate Hospital, a private hospital in Thailand.
Chaleo died in Bangkok on 17 March 2012.
The Yoovidhya family co-owns the sole authorized importer of Ferrari cars into Thailand.
In September 2012, a grandson and heir to the Red Bull company, Vorayuth Yoovidhya, faced charges of recklessly driving a Ferrari and fleeing police, after allegedly cau

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Chaleo Yoovidhya Latest News

Meet the Billionaire Heirs to the Red Bull Fortune

(Newser) – Among the richest humans on the planet when he died, Red Bull founder Chaleo Yoovidhya was a quiet-to-the-point-of-reclusive Thai entrepreneur who preferred duck farming to the trappings of wealth. And since the devout Buddhist's death in 2012 ...
Posted: October 30, 2016, 2:32 am

Thai billionaire who invented Red Bull energy drink dies in Bangkok, aged 89

Chaleo Yoovidhya was 89. The Thai billionaire came from very ordinary beginnings, having been born into a poor farming family in the northern province of Phichit. He moved to Bangkok in search of work and ended up starting his own company, TC Pharmaceuticals.
Posted: March 18, 2012, 3:11 am

Vorayuth’s hit-and-run case still up in the air after he fails to report

Vorayuth Yoovidhya, grandson of the late Red Bull founder Chaleo Yoovidhya, still hasn’t been charged for the fatal road accident he allegedly caused in 2012. His alleged victim was a non-commissioned police officer. Sutti Kittisupapornm, chief public ...
Posted: May 26, 2016, 6:00 pm
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