Mark Mateschitz

Austrian billionaire heir (born 1992)

Mark Mateschitz

Born|  (1992-05-07) 7 May 1992 (age 32)
Nationality| Austrian
Education| Salzburg University of Applied Sciences
Occupation| Businessman
Known for| 49% stake in Red Bull GmbH
Board member of| Red Bull Wings for Life Foundation
Parents|

* Dietrich Mateschitz (father)
* Anita Gerhardter (mother)

Mark Dietrich Mateschitz (German: [ˈmatεˌʃɪt͡s]; born 7 May 1992) is an Austrian billionaire heir who owns 49% of Red Bull GmbH, the energy drink company that was co-founded by his father, Dietrich Mateschitz.

In 2024, Forbes estimated Mateschitz' net worth at $39.6 billion, ranking him as the 31st-richest person in the world.[1]

## Early life and education

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Mateschitz was born in May 1992, the only child of Dietrich Mateschitz and Anita Gerhardter. He went to high school in Salzburg, Austria and then studied business administration at Salzburg University of Applied Sciences. During his early life, he kept a low profile and went by his mother's surname; only his middle name, Dietrich, suggested a link to his father.[2][3]

## Professional life

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In 2018, he launched his own drinks company, Thalheimer Heilwasser GmbH, which produces beer and lemonade with water from one of Austria's oldest springs.[4][3]

When his father died in October 2022, he inherited his father's 49% stake in Red Bull GmbH. He subsequently stepped down as an employee of the company in order to concentrate on his role as a shareholder.[5][6][7]

He sits on the board of the Red Bull Wings for Life Foundation, which is run chiefly by his mother Anita Gerhardter.[3]

## References

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1. ^ "Mark Mateschitz". Forbes. Retrieved 30 October 2024.
2. ^ "Mark Mateschitz". Bloomberg Billionaires Index. Archived from the original on 29 December 2022.
3. ^ a b c Müller, Enrique (3 November 2022). "Mark Mateschitz, the uncertain heir to the $25 billion throne of Red Bull". El País. Archived from the original on 3 November 2022.
4. ^ Taylor, Chloe (11 November 2022). "Meet the 30-year-old who just became Europe's wealthiest millennial after inheriting half the Red Bull empire". Fortune. Archived from the original on 11 November 2022.
5. ^ Tirone, Jonathan; Eder, Marton (4 November 2022). "Red Bull Splits Up Management After Billionaire Founder's Death". Bloomberg. Archived from the original on 8 November 2022.
6. ^ Stupples, Benjamin; Eder, Marton (11 November 2022). "Europe's Richest Millennial Emerges From Red Bull Wealth Shift". Bloomberg. Archived from the original on 11 November 2022.
7. ^ "Red Bull revamped after founder's death". Bangkok Post. 4 November 2022. Archived from the original on 29 December 2022.