Dietrich Mateschitz Net Worth(2024)
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Dietrich Mateschitz Net Worth, Biography & Lifestyle:
Some people literally can’t live without Red Bull energy drinks, right? But do you know the man behind this brand? He’s Dietrich Mateschitz, with a net worth of 27.4 billion.
Wow…
Mateschitz was an Austrian businessman who owned Red Bull GmbH. Unfortunately, he passed away on the 22nd of October, 2022.
At the time of his passing, Mateschitz lived with his long-term girlfriend in Salzburg. He only had his son Mark.
We’re looking into the net worth of Dietrich Mateschitz, and while at it, you’ll get to know the following:
Table of Contents
Mateschitz discovered energy drinks while traveling to Asia in the 1980s. In 1987 he collaborated with Chaleo Yoovidhya to create Red Bull.
When the company started, he was a co-owner with half of the company’s stake. He used his marketing skills to promote Red Bull.
They started their energy drink company from scratch with Chaleo Yoovidhya, a Thai businessman. They took an Asian drink and gave it a Western taste. This collaboration happened after Dietrich discovered how that drink could ease jet lag.
The discovery was brilliant…
After getting to know how wealthy Dietrich Mateschitz is, I’m sure you’re curious about his personal life.
Well…
Here are all the amazing facts about Mateschitz. You’ll get to know the kind of person he was and why he invested too much into sports.
You’ve read that right!
We‘ll also share all that’s there to know about him from his early life until he passed on.
Let’s spill the tea…
Who Is Dietrich Mateschitz?
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Bill Gates Net Worth: $118 billion USD |
Date of Birth: October 28, 1955 68 yrs old |
Source of Wealth: Software developer Investor Entrepreneur |
Nationality: Seattle, Washington/U.S |
Birth Name: Bill Gates |
Spouse: Melinda French Gates (m. 1994; div. 2021) |
Children: 3 |
Dietrich Mateschitz is the genius who came up with the idea of bringing an energy drink to Europe. He traveled to Asia and came back with a business idea.
This created Red Bull, one of the most popular energy drinks in the world today.
His Red Bull company has done much as a sponsor in sports activities. The Red Bull founder has bought different sports teams and named them after the energy drink. One of those teams has won several drivers championship tournaments.
His Red Bull story is a success in both the sports and energy drink business.
How Old Was Dietrich Mateschitz When He Died
Mateschitz died at age 78, leaving behind his only son Mark, as well as his long-term girlfriend.
He died after a serious illness, and cancer was the cause of death. Dietrich Mateschitz net worth when he died was $27,4 billion. Red Bull announced his death on the 22nd of October 2022.
Since he only had one child, it’s safe to say Mark is the heir to his fortune. His father worked hard to achieve all his riches, so it’ll be up to him to continue with the legacy. Since Mark is already in his father’s business, we are confident he’ll make the most of it.
Dietrich Mateschitz Height & Weight
Mateschitz’s height is approximately 178 cm. His height is the same as the approximated height of Johnny Depp, the American actor. Dietrich’s body weight was 68 kg, the same as Justin Bieber, the American singer.
He had a slimmer body; hence he was able to participate in a lot of things, including piloting.
Other Quick Facts:
How Much Was Dietrich Mateschitz Worth?
Dietrich Mateschitz net worth was around $27.4 billion. This net worth made him the 78th richest person in the world, according to Forbes.
Mateschitz owned Red Bull GmbH in partnership with a businessman from Thailand named Chaleo Yoovidhya.
He came up with this business idea after discovering an Asian energy drink. Chaleo Yoovidhya was the owner of this drink, and their collaboration created Red Bull. The energy drink made these businessmen billionaires.
When Red Bull got successful…
…Mateschitz ventured into other businesses. He started investing in sports clubs which generated a lot of money for Red Bull. while at it, he even bought an Island.
The Island, sports clubs, and Red Bull are the sources of Mateschietz’s net worth. With such wealth from an energy drink, we can tell that Mateschitz was a business and marketing genius.
Net Worth Year By Year
Year | $ Net Worth |
2018 | $15 9 billion |
2019 | $17.9 billion |
2020 | $20 billion |
2021 | $25.2 billion |
2022 | $27.4 billion |
Dietrich Mateschitz Investments
Dietrich Mateschitz owned the Red Bull company. He co-founded the business with Chaleo Yoovidhya, a Thai businessman. They both invested in the marketing of Red Bull to make it a well-known brand.
Mateschitz got a stake worth more than $350 million in two racing teams. The racing teams are Red Bull Racing and Toro Rosso. The racing teams are very successful, and one of their drivers became the youngest to start a grand Prix in 2015.
Red Bull also bought the Austrian city of Salzburg football club and named it Red Bull Salzburg in 2005. After this, they also bought Leipzig, a German football club. In 2007.
In addition to that…
…Mateschitz founded the Media House in Austria, as well.
Besides other properties he had in Austria, Mateschitz also bought the Laucala Island in Fiji.
As Red Bull got more successful, he even invested in a German ice hockey club.
Dietrich Mateschitz Early Life
Dietrich Mateschitz was born in Sankt Marein in Murzal in Germany. Dietrich was raised by his parents, who were of Austrian and Slovene heritage.
When he was just a young boy, Dietrich grew up in his mother’s home.
In high school, Mateschitz studied business at the Wien University of Economics and Business. After pursuing his studies, he obtained his MBA in marketing in 1972.
Dietrich Mateschitz University
Dietrich Mateschitz studied Economics and Business administration at Vienna University. After graduating, he worked in marketing before discovering the drinks that can ease jet lag.
Dietrich Mateschitz Family & Relationships
Dietrich Mateschitz Partners
Dietrich Mateschitz was never married, but he was in a relationship with his long-term girlfriend, Marion Feichtner.
Mateschitz has a son from his previous relationship, and the relationship lasted about two years.
Dietrich Mateschitz Children
Mateschitz had one son , Mark Gerhardter. Mark is working in his father’s business; he was born in 1993. The son of the Scuderia Toro Rosso owner has a net worth of $6 million.
You can tell that Mateschitz is not the type of person who has much going on outside his business. He based his whole life on his business hence his net worth kept rising.
We’re about to bring you all his personal life information and some motivational quotes. Let’s also learn how he spends his money, as well as his assets. It’s very rare for such a wealthy person not to be active in charity, so we’ll look into that too.
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Dietrich Mateschitz Career
Dietrich Mateschitz was employed first by Unilever right after completing his university studies.
He was a marketing executive there before moving to Blendax. That’s when he got to travel to Asia and found Krating Daeng.
Here’s the thing…
Krating Daeng is the energy drink that led to Red Bull being founded. This business was founded after he went to Thailand. As a co founder of the energy drink, he owns 49%, as well as Flying Bulls.
There’s a long list of companies and sports teams in his name.
He has the Flying Bulls, Scuderia Toro Rosso, Red Bull Ring, Red Bull, and New York Red Bulls. All these are under the Red Bull brand. They were all sources of Dietrich Mateschitz net worth.
Whoa!
Dietrich Mateschitz’s net worth went that high simply by an energy drink that he was a co founder of. The Red Bull Ring now hosts the Austrian Grand Prix, and he had a playing license.
Laucala Resort
Laucala is an Icing sugar-covered beach surrounded by stunning turquoise lagoons and green mountain scenery. It has beautiful panoramas and soaring palm trees. In 2003, Mateschits bought the Forbes property for $71 million to build his favorite vacation spot.
It has more than 3500 acres, and 600 are planted with coconut trees. After the sale to Red Bull, the island was reconstructed and is ranked one of the most beautiful islands. Location: Laucala Island is found in the east part of Thurston Point on the island of Taveuni in Fiji.
Dietrich Mateschitz’s Associates
Dietrich mateschitz co founded Red bull with Chaleo Yoovidhya, who died in 2012. Yoovidhya and Mateschitz invested in the marketing of their product until it became successful. The Thailand business has a son who is now a billionaire from this fortune.
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Dietrich Mateschitz Scandals & Controversies
The Red Bull racing team under his company has been accused of not following the Formula 1 rules. Mateschitz was in his sick bed when the scandal broke, and the team is also accused of overspending above the allocated budget.
What…
The team waited too long for their fine, because the death of Dietrich had put everything on hold. The team is now praying for a light fine, and they don’t want to be removed from participating.
How Dietrich Mateschitz Spends His Money
The co founder and 49% owner of red bull is a sports lover, and his money is mostly spent on sponsoring sports activities. He sponsors the sports clubs that he owns, as well as the external ones.
He also spends money buying new clubs and turning them into his own. He also named them after the Red Bull drink.
How cool is that?
Dietrich Mateschitz House
He has the Salzburg house, where he lived by the time he died. Formerly known as Steireschlossl Hotel, Mateschitz bought this house for around $15 million in 2017.
Salzburg house
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Dietrich Mateschitz Motorbikes
This motorbike is one of his Red Bull racing team’s motorbikes, part of his $350 million investment in the racing sports.
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Dietrich Mateschitz Aeroplanes
This is the Douglas DC-6B private jet, this private jet was built in 1958 by the Douglas Aircraft Company. It costs around $7 million
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Dietrich Mateschitz Philanthropy
Dietrich Mateschitz owns The Wing for life, which is based in the Uk. the goal of this foundation is to conduct scientific research to cure spinal cord injury. Wings for life is a non-profit organization for spinal cord injury cure.
Dietrich Mateschitz Career
King Charles is worth a whole lot of money! He’s worth an estimated $600 million. That’s a lot of cash, and it’s all thanks to his royal family connections.
Fun Facts About Dietrich Mateschitz
- He watched Formula 1 on TV rather than in person
- He made the Red Bull energy drink out of Krating Daeng, a drink from Thailand
- The business mogul has never married
- He bought sports clubs and renamed them with his company brand name
- Mateschitz holds a BMA
- In 2021 his Red Bull sold 9.804 billion cans.
- He also bought the jaguar racing team from the owner.
Personal Interests/ Hobbies
Dietrich enjoys flying; he was actually a pilot.
To top it all…
…he built the Salzburg airport, and we can also tell from his company slogan that he likes wings and flying. He also loved sports, and he would buy one team and give it the same name as his energy drink.
5 Lessons We Can Learn For Financial Freedom From Dietrich Mateschitz
When you want to start a business, do something that has never been done before.
He started the Red Bull energy drink because it was something they didn’t have in Europe. He decided to bring krating Daeng to Europe as a business.
Use your current business to generate other businesses.
Being a founder and 49 owner of Red Bull did not stop him from getting into other businesses and raising his net worth
Mix business with what you love, and you’ll excel.
Buying the Red Bull Ring and making it host the Austrian Grand Prix was not a mistake. He mixed his drink business with his love for the sport. He also bought the Jaguar racing team.
Expand your business at every given chance.
Dietrich Mateschitz invested in many sports clubs, including the New York Red Bulls team. All these were sources of Mateschitz’s net worth.
Travel as much as you can.
Traveling led Mateschitz to discover krating Daeng in Thailand. If he did not move around, he wouldn’t have discovered what was missing in Austria.
Top 3 Quotes From Dietrich Mateschitz
FAQs: Frequently Asked Questions
Q- Who is the owner of Red Bull
A- Dietrich Mateschitz and Chaleo Yoovidhya were co-founders of Red Bull.
Q- Who was Dietrich Mateschitz’s wife?
A- Dietrich Mateschitz was never married, but he had a long-term girlfriend Marion Feitcher.
Q- what is Dietrich Mateschitz’s net worth?
A- Dietrich Mateschitz estimated net worth was $27.4 billion.
Conclusion: Dietrich Mateschitz Net Worth
So here it is, the life of our fallen businessman and media mogul. Through his life, you get inspired as to how a small discovery can turn your life around.
My favorite part…
This is how he made his business a hobby. Not everyone gets the idea of joining his business with his favorite activities. This shows how Mateschitz was a business genius, and he saw opportunities where no one could.
Want to read more inspiring stories and net worth details? Check out Billie Eilish net worth or Dan Bilzerian net worth among many others on Insider Business School!