How rich is Dietrich Mateschitz?
Dietrich Mateschitz Net Worth:
|Birth date:||May 20, 1944|
|Birth place:||Sankt Marein im Mürztal, Austria|
|Education:||Vienna University of Economics and Business|
Dietrich Mateschitz biography:
Understood to be one of the creators of the world famous brand, Redbull,Dietrich Mateschitz is an Austrian entrepreneur and businessman with an estimated net worth of $7.1 billion as of March 2013, according to Forbes.
Of Croatian lineage, Dietrich Mateschitz was born to both primary teachers fromSankt Marein im Mrztal,Styria,Austria. After completing his marketing degree at theVienna University of Economics and Business Administration, he was hired by Unilever for advertising of detergents. Afterwards, he began working forBlendax, a Germany-based cosmetic company. While working for Blendax, he discovered the drinkKrating Daeng, which is currently known as Redbull. Later on, Redbull became the top brand of energy drinks in the world.
In NASCAR,Dietrich Mateschitz additionally ownsTeam Red Bull. In 2004, he obtained theA1 Ringcircuit of Formula One and renamed it toRed Bull Ring. He also purchased MetroStars and renamed it toRed Bull New York. Red Bull is the founder of the Brazil-based soccer teamRed Bull Brasil. It was in 2009 when he founded the Germany-based football teamRB Leipzig. In the year 2012,EHC Mnchen, an ice hockey club based in Germany, was sold to him and he afterwards renamed it to Red Bull Munchen.
Dietrich Mateschitz is also known on earth of auto racing. It was in November 2004 when he boughtJaguarFormula Onefrom Ford, and later renamed it to Red Bull Racing. Less than a year later, he purchasedMinardifromPaul Stoddart. In 2010, 2011 and 2012, Red Bull Racing was declared as theFormula 1 Constructors Championship and Drivers Champ with Sebastian Vettel. This professional race car driver won three consecutive world championships from 2010 through 2012.
Dietrich Mateschitz (created 20 May 1944) is an Austrian businessman who co-founded the Red Bull energy drink business and holds 49 percent of the business ‘s shares. Mateschitz’s net worth, by 2012, is estimated to be US$5.3 billion.
Mateschitz’s brands are consistently marketed as associated with all the physical and mental aspects needed for numerous kinds of extreme sports through commercial sponsorship. In November 2004, Mateschitz purchased the Jaguar Formula One team from its previous owners, Ford, and it had been afterwards renamed Red Bull Racing. In September 2005, Mateschitz joined forces with his close buddy and former F1 driver Gerhard Berger, and purchased the Italian-documented Minardi team from its Australian owner Paul Stoddart. The team was renamed Scuderia Toro Rosso, Toro Rosso meaning Red Bull in Italian. In 2010 Red Bull Racing won the Formula 1 Constructors Championship and Drivers Tournament with Sebastian Vettel. Then they went on to win both titles for the next 3 years running in 2011, 2012 and 2013 making Sebastian Vettel and Red Bull Racing four-time world champions. In late 2004, he bought the previous Formula One circuit A1-Ring, renaming it the Red Bull Ring. The racetrack opened in May 2011 and hosted a round of the 2011 DTM season. Although Mateschitz had said that there were no plans for it to return to the Formula 1 calendar, in December 2012, Red Bull notified the FIA they would be open to hosting a Grand Prix. Mateschitz also plans to set up a testing site for the automobile industry in the Austrian race racetrack. There are already far developed strategies, but residents of the region object.