Dietrich Mateschitz Croatian was a businessman who amassed a fortune in Austria. He participated in the establishment of Red Bull GmbH and currently owns 49% of the company.
After battling illness for a number of months, he passed away at the age of 78 after going on to become a big investor and supporter of professional sports. Continue reading this article if you are interested in finding out how much money he was worth at the time of his death.
Early Life
Dietrich Mateschitz was born into a Croatian family in the town of Sankt Marein im Murztal in the province of Styria in Austria on May 20, 1944. Dietrich’s parents both worked as teachers in elementary schools, and while he was a very small child, his parents divorced.
It took Mateschitz ten years to graduate from the Vienna University of Economics and Business Administration, which may indicate that he was not the most efficient student or that he simply took a lot of pleasure in his time spent there.
In 1972, he was finally able to receive his degree in marketing. During his stay at the university, he supported himself by working as a ski instructor so that he could take his time earning his bachelor’s degree.
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Net Worth
Red Bull, which was established by Austrian businessman Dietrich Mateschitz more than three decades ago, is currently regarded as one of the most successful beverage firms in the world. Red Bull generates approximately $10 billion in income from the sale of more than 10 billion cans across 165 countries in a given year.
Perhaps most astonishing of all is the fact that the company wasn’t started by one of the leading beverage companies (such as Coca-Cola or Pepsi) with an infinite marketing and research budget.
On the other hand, Dietrich Mateschitz came up with the concept to produce Red Bull in 1982 so that he could combat the effects of jet lag that he had experienced after returning from a business trip to Thailand.
Unfortunately, Dietrich Mateschitz passed away when he was 78 years old. At the time of his passing, he held the title of the wealthiest person in Austria, having amassed a personal fortune of $20 billion! This is the story of how Red Bull launched us into the stratosphere and launched Dietrich into the stratosphere of financial success.
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Personal Life
Although Mateschitz never married, he did have a son. He had his pilot’s license and was a licensed pilot who enjoyed flying a Piper Super Cub and a Falcon 900.
Although he made his home in Fuschl am See, Austria, he was the owner of Laucala Island, which is located off the coast of Fiji. He purchased the island from the Forbes family for £7 million.
In 2017, Mateschitz and his Bundesliga club RB Leipzig were subjected to criticism as a result of comments that he made in an interview with Kleine Zeitung. In that interview, he suggested that Austria should close its borders to refugees and expressed support for Donald Trump and other populist positions.
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Final Words
Dietrich Mateschitz Croatian was an Austrian billionaire businessman. He was the co-founder and 49% owner of Red Bull GmbH. Dietrich died at the age of 78. At the time of his death, he was the richest person in Austria with a personal net worth of $20 billion. Mateschitz never married but had a son. He held a pilot’s license and enjoyed flying a Falcon 900 and a Piper Super Cub.
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