#41

Mark Mateschitz

$44.5B

at

Passive income at 5% annual return

Since you arrived

$0.00

Per second

$71.00

Per minute

$4,238

Per hour

$254,253

Per day

$6,102,074

Wealth in context

Median US salary
14.0 minutes($59,384)
Average US home price
1.7 hours($420,800)
Teacher's annual salary (US avg)
16.4 minutes($69,544)

Time to earn each amount through passive income at 5% annual return on $44.5B net worth.

Biography

Mark Mateschitz is the only child of the late Austrian billionaire Dietrich Mateschitz, who cofounded energy drink firm Red Bull in 1987.

He inherited his father's 49% stake in Red Bull after the elder Mateschitz died in October 2022 at the age of 78.

Dietrich Mateschitz cofounded Red Bull with Thai businessman Chaleo Yoovidhya (d. 2012).

Red Bull sold 12.1 billion cans worldwide in 2023, enough to caffeinate every person on the planet.

After his father's death, Mark Mateschitz stepped down from his role as Head of Organics at the $11.4 billion (2023 sales) company to concentrate on his role as a shareholder.

About

Dietrich Mateschitz discovered energy drinks while traveling to Asia as a marketing executive for German consumer products firm Blendax in the 1980s.

Red Bull owns several sports teams, including F1's Red Bull Racing, the MLS's New York Red Bulls and hockey team EC Red Bull Salzburg.

Details

Age: 34
Gender: m
Citizenship: at
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