Correct Answer : 22nd October 2022
Dietrich Mateschitz, the Austrian billionaire founder and owner of energy drink company Red Bull, died on Saturday(22nd Oct 2022) at the age 78 after a serious illness with cancer.
His death was confirmed by the championship-leading Red Bull Formula One team.
The Styrian-born entrepreneur built a global empire around the energy drink Red Bull and was considered the
richest man in Austria. Mateschitz's fortune is estimated at around
25 billion euros ($24.65 billion). This puts him in
51st place on Forbes' list on the world's richest people.
The self-made billionaire was considered a marketing genius. After graduating from the University of World Trade in Vienna, he worked as a marketing specialist for various companies in the 1970s.
On his business trips to Asia, he got to know the market of energy and stimulant drinks. At that time, these drinks were still completely unknown in Europe and the United States. In 1983, he acquired the licence for such a drink in Asia. One year later, together with the Thai entrepreneurial family Yoovidhya, he founded Red Bull GmbH, in which he held a 49% stake.
Born : 20 May 1944, Sankt Marein im Mürztal, Austria
Died : 22 October 2022..
Source : Reuters
