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Power Struggle at Red Bull?

Published: April 4, 2012; 19:44 · (Vindobona)

After the death of the inventor of Thai-Austrian energy drink, a power struggle between Mateschitz and the new majority owner may arise.

Power Struggle at Red Bull? / Picture: © Wikimedia Commons / Gigi Soldano [Attribution]

Two weeks ago, the inventor of Red Bull, the Thai Chaleo Yoovidhja died. Yoovidhja held a 49% stake in Red Bull. The energy drink company is also partially owned by the Austrian national and CEO, Dietrich Mateschitz. The remaining 2% are owned by Yoovidhja´s son Chalerm (61). Mateschitz, who said to have lost “not only a business partner, but also a grood friend”, commented that…

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Power Struggle at Red Bull?

After the death of the inventor of Thai-Austrian energy drink, a power struggle between Mateschitz and the new majority owner may arise.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.