People

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: © Red Bull

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…

This article includes a total of 237 words.

or Log In

Fast News Search

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

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.