Mark Mateschitz Net Worth (Updated 2024)

What’s Mark Mateschitz Net Worth?

Mark Mateschitz is an Austrian billionaire heir with a net worth estimated around $39.1 billion as of 2024. He derives the majority of his massive fortune from inheriting a 49% stake in the energy drink company Red Bull GmbH after the death of his father Dietrich Mateschitz in October 2022.

Dietrich Mateschitz co-founded Red Bull in 1984 with Thai businessman Chaleo Yoovidhya, with each partner investing $500,000 for a 49% stake in the new company. The remaining 2% went to Chaleo’s son Chalerm. When Dietrich passed away at age 78, his 49% ownership transferred to his only child, Mark.

Red Bull is now one of the most popular energy drink brands worldwide, selling over 11 billion cans in 2022 across 171 countries and generating around $10-11 billion in annual revenue. The company’s brand value was estimated at $18.5 billion in 2022.

In addition to inheriting the Red Bull stake valued at over $15 billion, Mark Mateschitz also received other assets from his father’s estate, including Austrian castles, real estate, a private jet fleet, and a valuable collection of vintage aircraft.

In late 2023, Mark received his first dividend payout of $615 million from Red Bull, reflecting his 49% ownership stake. This included a $210 million premium payment, following a tradition of extra dividends for the Austrian owner.

At just 31 years old, Mark Mateschitz’s net worth makes him not only one of the youngest billionaires in the world, but also the wealthiest millennial in Europe. He has stepped back from an operational role at Red Bull to focus on managing his shareholder position.

Here’s the breakdown of Mark Mateschitz’s net worth:

Name:

Mark Mateschitz

Net Worth:

$39.1 Billion

Date of Birth:

Apr 1, 1983

Profession:

Entrepreneur

If you’re curious about how we estimate a celebrity’s net worth, you can check out our methodology here.

Mark Mateschitz

Early Life and Education

Mark Mateschitz was born in May 1992 in Austria as the only child of Dietrich Mateschitz, the co-founder of Red Bull, and Anita Gerhardter. He kept a low profile during his childhood and teenage years, using his mother’s surname. After completing his degree in business administration from the Salzburg University of Applied Sciences, he started going by his father’s last name.

Red Bull

When Dietrich Mateschitz passed away in October 2022 at the age of 78, Mark inherited his father’s 49% stake in Red Bull GmbH, the company behind the popular energy drink brand. This stake was valued at over $15 billion, making the then 30-year-old Mark one of the youngest billionaires in the world..

Red Bull was co-founded in 1984 by Dietrich Mateschitz and Thai businessman Chaleo Yoovidhya, with each partner initially investing $500,000 for a 49% ownership. The company has grown into a global brand, selling over 11 billion cans in 2022 across 171 countries and generating around $10-11 billion in annual revenue.

Executive Positions

After inheriting the Red Bull stake, Mark Mateschitz stepped down from his role as Head of Organics at Red Bull to focus solely on his responsibilities as a shareholder and owner.

He had previously served as CEO of his own beverage company Thalheimer Heilwasser GmbH since 2018, which produces beer and lemonade using water from Austrian springs.

Mateschitz is also the head of the management company Mark Mateschitz Beteiligungs GmbH, which owns a 34% stake in Taurea, another firm that controls various Red Bull properties.

Real Estate 

Mark inherited several luxury properties from his father, Dietrich Mateschitz, which significantly contribute to his net worth. These properties include:

  • A Fijian Island: One of the most notable assets is a private island in Fiji, which was part of his father’s extensive real estate portfolio.
  • Austrian Castles: Mark owns multiple castles in Austria, reflecting the family’s deep roots and significant presence in the country.
  • Real Estate in London: He also has properties in prestigious locations such as Knightsbridge, London, known for its high-value real estate market.

Personal Life

Mark prefers to stay out of the public eye and is not active on social media. He enjoys a modest lifestyle, residing in a relatively modest apartment in Salzburg, Austria. His interests include skiing, hiking, and flying helicopters, activities that allow him to unwind and find solace amidst the demands of overseeing a global business empire.

Mark is also involved in philanthropic activities. He sits on the board of the Red Bull Wings for Life Foundation, which is primarily run by his mother, Anita Gerhardter. The foundation focuses on spinal cord research and other charitable activities, reflecting Mark’s commitment to giving back to the community.

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