Biography
Mark Mateschitz, the son of Red Bull co-founder Dietrich Mateschitz, inherited a 49% stake in Red Bull GmbH after his father's death in October 2022. This placed him among the youngest billionaires globally. Mateschitz, now 33 years old, has a net worth of $43.4 billion, primarily from his ownership of Red Bull. Red Bull, in 2024, had a revenue of €11.227 billion. Mateschitz stepped down from his role as Head of Organics to focus on his shareholder role. He resides in Salzburg, Austria, and is not known to be married. The company also owns multiple sports teams, and sponsors a variety of events and athletes, greatly impacting the food-beverage industry.