The latest and trending news from around the world.
Dietrich Mateschitz (†78): The New Love of the Red Bull Widow
Red Bull Co-Founder Dietrich Mateschitz Passes Away
Dietrich Mateschitz, the co-founder of energy drink giant Red Bull, has passed away at the age of 78. The Austrian entrepreneur was widely regarded as one of the most influential figures in the global beverage industry. The cause of death has not yet been disclosed.
Mateschitz's Legacy at Red Bull
Mateschitz played a pivotal role in the development and success of Red Bull. He founded the company in 1987 with Thai businessman Chaleo Yoovidhya. Under Mateschitz's leadership, Red Bull quickly became one of the world's leading energy drink brands, with sales in over 170 countries.
Mateschitz was known for his aggressive marketing strategies and his support for extreme sports. He created the Red Bull Racing Formula One team and sponsored numerous athletes, including Felix Baumgartner, the high-altitude skydiver.
Personal Life and Net Worth
Mateschitz was a private person who rarely gave interviews. He was married twice and had one son. According to Forbes, Mateschitz's net worth was estimated at $27 billion, making him one of the wealthiest people in Austria.
Future of Red Bull
The future ownership and management of Red Bull is unclear. Mateschitz did not publicly name a successor before his death. However, he is believed to have put in place a plan for the long-term future of the company.
Red Bull is expected to continue operating as one of the world's leading energy drink brands. The company has a strong global presence and a loyal customer base.