Dietrich Mateschitz Net Worth is$5.3 Billion
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Profession: Businessperson, Entrepreneur
Date of Birth: May 20, 1944
Country: Austria
Net Worth: View Dietrich Mateschitz Net Worth
Dietrich Mateschitz net worth: What is Dietrich Mateschitz’s net worth? Dietrich Mateschitz’s net worth is $5 billion dollars. Dietrich Mateschitz is the richest person in Austria thanks to his wildly successful drink Red Bull. Born in Sankt Marein im Mürztal, Styria, Austria, Dietrich Mteschitz, earned a degree in Marketing from the Vienna University of Economics and Business Administration. He spent ten years completing his degree, and just after graduation, he began working for Unilever. After a few years at Unilever, marketing detergent, he began working at Blendax. While at Blendax, he was introduced to a drink called, “Krating Daeng”. In the mid 80s, he turned “Krating Daeng” into what we now know as, “Red Bull Energy Drink”. He brought in two partners from Thailand, and launched “Red Bull” in 1987, in Austria. Within a few years, it had gone global, spurred by his expertly designed and aggressive marketing campaign. He now splits his time between his home in Salzburg, Austria, and the island he owns near Fiji. He also owns a Formula-1 racing team, a Formula-1 racing circuit, and two separate football clubs.
Dietrich Mateschitz (born 20 May 1944 in Sankt Marein im Mürztal, Styria, Austria) is an Austrian businessman of Croatian ancestry who co-founded the Red Bull energy drink company and holds 49 percent of the company's shares. Mateschitz's net worth, as of 2012, is estimated to be US$5.3 billion.
Mateschitz was born in Sankt Marein im Mürztal, Styria, Austria to a family of Croatian ancestry. His parents were both primary school teachers and separated when he was very young. Although never married, he has a son. He holds a pilot's licence and enjoys flying a Falcon 900 and a Piper Super Cub.Forbes estimated Mateschitz's net worth to be US$5 billion in 2011.
After taking ten years to graduate from the Hochschule für Welthandel (now Vienna University of Economics and Business Administration) with a marketing degree, Mateschitz's first employer was Unilever, where he worked marketing detergents. He subsequently moved to Blendax, the German cosmetics company since bought by Procter & Gamble, where he worked on, among other things, the marketing of Blendax toothpaste. It was as part of his travels for Blendax that he discovered Krating Daeng, the drink that would later become Red Bull. In 1984, he founded Red Bull GmbH with his Thai partners Chaleo and Chalerm Yoovidhya with the launch in Austria in 1987. Subsequently, he turned the Red Bull drink into a world market leader[citation needed] among energy drinks.
He lives in Salzburg, Austria but also owns Laucala Island, off Fiji, which he bought from the Forbes family for £7 million.
Mateschitz was known as a marketing specialist.[citation needed] His company is known for its advertising[citation needed] and as a sponsor for various types of extreme sports. In November 2004, Mateschitz bought the Jaguar Formula One team from its previous owners, Ford, and it was subsequently renamed Red Bull Racing. In September 2005, Mateschitz joined forces with his close friend and former F1 driver Gerhard Berg

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Dietrich Mateschitz Latest News

Red Bull keeps Servus TV in Germany

The move marks the channel’s second u-turn this year: In May 2016, Austrian billionaire and Red Bull founder Dietrich Mateschitz announced the closure of Servus TV for financial reasons, but revoked the decision the next day. Click to share on Facebook ...
Posted: October 18, 2016, 1:00 am

Dietrich Mateschitz

Mr. Dietrich Mateschitz serves as a Managing Director of Red Bull Media House GmbH and Red Bull GmbH. Mr. Mateschitz founded Red Bull Media House GmbH in 2007 and serves as its Chief Executive Officer. Mr. Mateschitz founded Red Bull GmbH in 1984 and Red ...
Posted: October 12, 2016, 3:07 am

The good, the bad and the shocking in European football so far in 2016-17

Only Barcelona have scored more goals in La Liga this season. Haters are going to hate the club Red Bull billionaire Dietrich Mateschitz gave wings to seven years ago. However, Leipzig's strategy, as masterminded by Ralf Rangnick, has been impeccable.
Posted: October 9, 2016, 9:04 am
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