Red Bull Heir Moves $1.1 Billion Stake to Geneva Trust Firm
When an Austrian marketer and a Thai businessman decided to launch Red Bull to the world, they settled on a simple ownership structure: each would own 49% of the venture.
Chalerm Yoovidhya, a son of the Thai businessman, got the remaining 2% and has kept it for around four decades as Red Bull became a roaring success and turned him, his father and at least nine other family members into billionaires.
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Fox Sports
2 hours ago
- Fox Sports
Top 25 college athletes with highest NIL valuations
The complicated, frustrating and often murky world of NIL (name, image and likeness) has touched every corner of college sports. From college football and basketball to gymnastics and softball, the landscape of college athletics drastically changed four years ago when the NCAA changed rules to allow student athletes to profit from NIL. Names like Shedeur Sanders, Bronny James and Livvy Dunne topped the charts when it comes to NIL valuations in the past. In fact, we got a sense of how much money Cooper Flagg agreed to in NIL endorsements during his one year at Duke recently, as he's expected to become the first overall pick in the 2025 NBA Draft. As the summer approaches, we're one step closer to the 2025-26 academic year, and there's a new crop of athletes topping the NIL charts. Remember, NIL deals are not solely dependent on athletic performance on the field. Sanders, who had a reported $4.7 million valuation last year — the highest among college football players — was not a Heisman Trophy finalist and went on to be a fifth-round pick of the Cleveland Browns. Arch Manning, who had the second-highest reported NIL valuation heading into last year's college football season at $3.8 million, had not started a college game before last season. With that, here is a look at the top 25 college athletes with the highest NIL valuations heading into the 2025-26 academic year. *NIL valuations are from which calculates the optimized NIL opportunity for athletes relative to the overall NIL market and projects outcomes over the next 12 months. 1. Texas QB Arch Manning ($6.8 million) Manning instantly became one of the most-valued athletes in college sports the moment he stepped foot on campus in Austin, Texas in 2023, holding a $3.8 million NIL valuation at the time. Manning has reportedly inked deals or partnered with EA Sports, Red Bull, Uber and Vuori as he prepares for his first full season as Texas' starting quarterback. While Manning is the highest-valued NIL athlete in college sports, he doesn't take any money from Texas' NIL collective, the Houston Chronicle previously reported. 2. Miami (Fla.) QB Carson Beck ($4.3 million) Beck initially declared for the 2025 NFL Draft this offseason before surprisingly transferring to Miami. It was rumored that Beck received $3 to $4 million from Miami's NIL collective to make the move to South Florida, moving on from Georgia after he helped the Bulldogs win the SEC title in 2024. According to On3, Beck has inked 11 deals and partnerships over his college career, with Chipotle, Beats By Dre and Powerade headlining the notable brands. 3. Ohio State WR Jeremiah Smith ($4.2 million) Following a standout freshman season, Smith shot up the board as one of the most valuable players in college sports. He was recently unveiled as a co-cover star athlete for "College Football 26," adding to the list of notable endorsement deals he has secured. He has reported deals with American Eagle, Lululemon, Red Bull and Nintendo, among others. Smith also agreed to a local car dealership deal — which appeared to gift him a new Mercedes — in May. Before he even steps on the court in Provo, Utah, Dybantsa is already one of the highest-valued players in college sports with reported deals with Nike and Red Bull. It was reported at the time of his commitment that he secured a deal worth around $7 million, giving one of the top prospects in the 2026 NBA Draft a significant payday. 5. LSU QB Garrett Nussmeier ($3.7 million) Nussmeier opted to forgo early entry into the 2025 NFL Draft, making him one of the top prospects in 2026. Set to enter his second season as LSU's starter, Nussmeier has multiple reported NIL deals and partnerships, including Powerade and EA Sports, among others. 6. South Carolina QB LaNorris Sellers ($3.7 million) Sellers was one of the SEC's breakout stars in 2024, winning the conference's Offensive Freshman of the Year Award. He has reportedly secured NIL deals with Collegiate Legends and Cheez-It, and another strong year could help him continue to climb this list. 7. Florida QB DJ Lagway ($3.7 million) Similar to Sellers, Lagway was also a breakout star in 2024. He went 6-1 in the seven starts he made as a true freshman, helping Florida turn its season around. He has reportedly earned an NIL deal with Nintendo since the end of the season, while Gatorade has featured him in a commercial, as he agreed to a deal with the iconic brand before his freshman year. Lagway certainly seems to be a candidate to be No. 1 on this list next year if Manning declares for the draft. 8. Clemson QB Cade Klubnik ($3.4 million) Klubnik, who FOX Sports lead college football analyst Joel Klatt recently named as his top quarterback for the 2025 season, is entering his third year as Clemson's starter. He led the Tigers to an ACC title last season and reportedly has existing NIL deals with Rhoback and ONIT, among others. 9. Penn State QB Drew Allar ($3.1 million) Allar turned down early entry into the 2025 NFL Draft despite speculation he could be an early-round pick. According to On3, Allar hasn't logged any new NIL deals since he helped Penn State reach the CFP last season. However, he reportedly has pre-existing deals with Bose and Frosted Flakes. 10. Arizona State QB Sam Leavitt ($3.1 million) Leavitt only has a pair of reported NIL endorsement deals, agreeing to partnerships with Jones Ford Verde Valley and Cold Beers & Cheeseburgers, but he also agreed to a deal with Arizona State's NIL collective in January, shutting down transfer rumors. 11. Michigan QB Bryce Underwood ($3 million) After dealing with struggles at quarterback during the 2024 season, Michigan made Underwood a reported offer through its NIL collective worth $10.5 million over four years to get him to flip his commitment from LSU to the Wolverines. Underwood, ranked as the top quarterback recruit in the Class of 2025, wound up flipping his commitment to remain in his home state of Michigan. 12. Texas Tech F JT Toppin ($2.8 million) Toppin has the highest NIL valuation among returning college basketball players this upcoming year. It was reported that Toppin is expected to earn $4 million in NIL after forgoing entry into the 2025 NBA Draft. Toppin won Big 12 Player of the Year and was named a second-team All-American after scoring 18.2 points per game in the 2024-25 season. 13. Duke QB Darian Mensah ($2.8 million) Duke landed Mensah in the transfer portal after he had a strong first season as Tulane's starting quarterback (2,723 passing yards, 22 passing touchdowns, six interceptions) in 2024. It was reported that Mensah earned an $8 million deal from Duke's NIL collective to transfer to the school in December 2024. 14. Oklahoma QB John Mateer ($2.7 million) Mateer is also among the list of the most valuable college athletes after transferring from Washington State to Oklahoma this offseason. Klatt recently ranked him as his third-best quarterback for the 2025 season after he threw for 3,139 yards, 29 touchdowns and seven interceptions to go with 826 rushing yards and 15 rushing touchdowns. 15. Alabama WR Ryan Williams ($2.7 million) The other co-cover star athlete of "College Football 26" is among the most valuable athletes in college sports for 2025-26. Williams emerged as one of the best receivers as a 17-year-old freshman in 2024, recording 865 receiving yards and eight receiving touchdowns. Williams also has a pretty diverse list of NIL endorsement deals as well, reportedly securing partnerships with Uber Eats, Hollister and Sally Hansen. 16. TCU QB Josh Hoover ($2.4 million) Hoover doesn't have any listed NIL brand deals on On3 beyond the one he has with TCU's NIL collective. However, after his strong 2024 season (3,949 yards, 27 touchdowns, 11 interceptions), he could've earned more this offseason. Tennessee offered Hoover roughly $1 million more in NIL money than what he's currently receiving at TCU, which is at least seven figures, The Fort Worth Star-Telegram reported in April . 17. Ohio State S Caleb Downs ($2.4 million) Ohio State has two of the highest-valued non-quarterbacks in college football entering the 2025 season. Downs, who is arguably the best defensive player in the nation (81 total tackles, two interceptions in 2024), has a few reported NIL brand deals, highlighted by partnerships with Panini, Beats by Dre and American Eagle. He also signed an NIL deal with Ohio State's collective, The Foundation, when he transferred from Alabama following Nick Saban's retirement in 2024. 18. North Carolina State QB CJ Bailey ($2.3 million) Bailey doesn't have any known NIL deals with brands, but he signed a new deal with NC State's collective, One Pack, in December 2024 to remain in Raleigh, North Carolina. That deal helped ensure Bailey wouldn't transfer after he scored 22 total touchdowns to go with 2,413 passing yards as a true freshman in 2024. 19. Nebraska QB Dylan Raiola ($2.3 million) Following a wild recruiting process that saw him commit to two schools before landing at Nebraska in 2024, Raiola has earned a few NIL deals with notable brands. He reportedly signed a deal with Panini right after he committed to Nebraska in December 2023, before signing a deal with Campus Ink early in his freshman season. He reportedly signed an endorsement deal with Adidas in April, following in the footsteps of his idol, Patrick Mahomes. He also has a deal with Nebraska's NIL collective, 1890. 20. Michigan F Yaxel Lendeborg ($2.3 million) Lendeborg announced he was transferring from UAB to Michigan in April, but he wasn't fully committed to the Wolverines until he removed his name from the 2025 NBA Draft in May. The top-ranked player in the transfer portal this offseason by 247 Sports, Lendeborg received an NIL package believed to be in the neighborhood of $3 million to return to school, CBS Sports previously reported. Lendeborg was viewed as a potential first-round pick prior to his decision to remove his name from the 2025 NBA Draft, as he was named first-team All-AAC the past two seasons. 21. Arkansas QB Taylen Green ($2.1 million) Green earned a few endorsement deals with local companies during his time at Boise State before he transferred to Arkansas ahead of the 2024 season. After transferring, he reportedly signed a deal with the school's NIL collective, Arkansas Edge. It's unclear how much that deal is worth, but the collective helped Green land an endorsement deal with a local car dealership in 2024, which landed him a Ram 1500 truck. 22. Florida G Boogie Fland ($2.1 million) Similar to Lendeborg, Fland was one of the top players in the transfer portal this offseason but also declared for the 2025 NBA Draft. He removed his name from the draft in May, while simultaneously announcing his transfer from Arkansas to Florida. The defending champion's NIL collective reportedly gave Fland a package worth over $2 million, according to CBS Sports. 23. UCLA G Donovan Dent ($2 million) Dent, who won Mountain West Player of the Year at New Mexico this past season, reportedly received a $3 million NIL deal to transfer to UCLA in March, according to The Santa Fe New Mexican. He received $2 million of that deal up front, while he'll earn the other $1 million during the 2025-26 season. 24. UCLA QB Nico Iamaleava ($2 million) Iameleava arguably became the face of the NIL debate this offseason. He transferred out of Tennessee after the program reportedly denied his request for a pay raise from its NIL collective, seeking $4 million annually. He wound up at UCLA, agreeing to an NIL deal rumored to be in the $1.5 million range, according to Front Office Sports. That's actually a pay decrease from what he was getting at Tennessee, as he was set to earn $2.4 million from the Vols' collective in 2025, per ESPN. Iamaleava was also one of 11 college football players to sign a deal with Beats by Dre ahead of the 2024 season. 25. Auburn QB Jackson Arnold ($2 million) Arnold was among the handful of quarterback transfers who reportedly earned a multi-million-dollar payday this offseason. It has been rumored that Arnold received a deal worth at least $2 million to transfer from Oklahoma, which got a laugh out of former Alabama quarterback AJ McCarron. Arnold finished the year with 1,421 passing yards, 12 passing touchdowns, three interceptions, 444 rushing yards and three rushing scores. Want great stories delivered right to your inbox? Create or log in to your FOX Sports account, follow leagues, teams and players to receive a personalized newsletter daily. recommended Get more from College Football Follow your favorites to get information about games, news and more
Yahoo
5 hours ago
- Yahoo
Europe's Rice Noodles Market to Surpass USD 3.85 Billion by 2030: Thai President Foods, Nongshim Co., and Toyo Suisan Kaisha Dominate
The market offers growth opportunities driven by rising demand for gluten-free and health-conscious options, and the popularity of Asian cuisine. Convenience and innovation in products, like organic and pre-cooked noodles, further enhance market potential amidst growing competition from traditional wheat-based options. Dublin, June 06, 2025 (GLOBE NEWSWIRE) -- The "Europe Rice Noodles Market, By Country, Competition, Forecast & Opportunities, 2020-2030F" has been added to offering. The Europe Rice Noodles Market was valued at USD 2.18 Billion in 2024 and is expected to reach USD 3.86 Billion by 2030, rising at a CAGR of 9.99%. The market is witnessing sustained growth as European consumers increasingly turn to gluten-free and health-conscious dietary options. The popularity of Asian cuisine across urban centers has made rice noodles a sought-after alternative to traditional pasta, particularly among individuals seeking low-calorie and plant-based meals. Convenience-driven demand, fueled by busy lifestyles and a rising preference for ready-to-eat products, is further boosting the market. Leading companies are responding with innovative product offerings, including organic, non-GMO, and pre-cooked rice noodles, aimed at satisfying evolving consumer preferences and expanding their footprint across the continent. Key Market Driver Rising Popularity of Asian Cuisine: The growing appeal of Asian cuisine is a key factor driving the expansion of the Europe rice noodles market. As European consumers explore more global flavors, dishes from Chinese, Thai, Vietnamese, and Japanese cuisines have gained mainstream traction. Rice noodles, which are integral to these culinary traditions, have seen increased demand both in foodservice establishments and at-home meal preparation. The proliferation of Asian restaurants, food delivery platforms, and specialty grocery outlets offering authentic ingredients has made rice noodles more accessible than ever. Social media and digital food culture are further popularizing these dishes, with consumers experimenting with Asian recipes, thus embedding rice noodles more firmly into the European dietary landscape. Key Market Challenge Competition from Traditional Wheat-Based Noodles: Despite growing interest in rice noodles, the market faces strong competition from long-established wheat-based noodles and pasta products in Europe. Wheat-based noodles enjoy widespread familiarity, lower pricing, and a vast assortment of options in both shape and culinary application. These factors make it challenging for rice noodles to gain a comparable market share. Price sensitivity remains a concern, especially since rice noodles are often positioned as premium or specialty products. Additionally, cultural preferences and ingrained consumption habits surrounding wheat-based pasta can slow the adoption of rice noodles, particularly in regions where traditional cuisine dominates consumer choice. Key Market Trend Increasing Preference for Gluten-Free and Health-Conscious Foods: The rising demand for gluten-free products across Europe is a prominent trend benefiting the rice noodles market. With increasing awareness of celiac disease, gluten sensitivity, and the broader health movement toward clean eating, rice noodles are gaining favor as a naturally gluten-free, easy-to-digest alternative to wheat-based options. Consumers are also drawn to rice noodles due to their lighter calorie profile and suitability for low-fat or allergen-friendly diets. This shift in preference aligns with a broader wellness trend across Europe, encouraging brands to introduce organic, clean-label, and minimally processed rice noodle offerings to meet the needs of this growing health-conscious segment. Key Players Profiled in Europe's Rice Noodles Market Thai President Foods Public Company Limited Nongshim Co., Ltd. Toyo Suisan Kaisha, Ltd. Nasoya Foods USA, LLC Nissin Foods Co., Ltd. McCormick & Company, Inc. Lotus Foods Inc. Annie Chun's, Inc. Embridge Foods, Inc. Natural Earth Products Inc. Report Scope In this report, the Europe Rice Noodles Market has been segmented into the following categories: Europe Rice Noodles Market, By Product Type: Vermicelli Stick Wide Others Europe Rice Noodles Market, By Distribution Channel: Online Offline Europe Rice Noodles Market, By Country: Germany United Kingdom France Italy Netherlands Spain Russia Rest of Europe Key Attributes Report Attribute Details No. of Pages 134 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $2.18 Billion Forecasted Market Value (USD) by 2030 $3.86 Billion Compound Annual Growth Rate 9.9% Regions Covered Europe For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
9 hours ago
- Yahoo
Germany updates: Migrants have 'imported' antisemitism, says Merz
Friedrich Merz ended his trip to Washington by speaking to US media where he made comments about rising incidents of antisemitism in Germany Lufthansa is set to restart flights to Tel Aviv later this month Read about developments and news from Germany on Friday, June 6, 2025: Lufthansa said Friday it would restart flights to and from Tel Aviv on June 23. The German airline group said the resumption would affect Lufthansa, Austrian, SWISS, Brussels Airlines, Eurowings, ITA and Lufthansa Cargo but that "for operational reasons" the individual airlines would resume services "gradually." "The decision is based on an extensive security analysis and in coordination with the relevant authorities," Lufthansa said in a statement. The Lufthansa group suspended its flights to Tel Aviv in the wake of a May 4 rocket attack launched by Yemen's Houthi rebel group, an Iran-backed Shiite Muslim militia that has fought a civil war in Yemen since 2014. The missile landed near a car park at Ben Gurion International Airport, wounding six people. Germany will remain dependent on the United States, Chancellor Friedrich Merz said on Friday. "Whether we like it or not, we will remain dependent on the United States, on America, for a long time to come," Merz said. Merz made the comments just hours after returning from his inaugural visit to Washington, where he met with US President Donald Trump. Chancellor Friedrich Merz has told US media that migration is a factor behind the rise in antisemitism in Germany. In an interview with Fox News, Merz was asked what he was doing to combat antisemitism in Germany and he said: "This is, especially for Germany, a terrible challenge that we are faced with such an amount of cases of antisemitism in Germany." "We are doing everything we can to bring these numbers down," Merz continued. "We are prosecuting those who are against the law. And frankly, we have a sort of imported antisemitism with the big numbers of migrants we have within the last 10 years, and we have to tackle this and we have to resolve this problem." "I would like to make it very clear, that the German government, and the vast majority of the German parliament, is strictly against antisemitism and against these people and we are doing everything we can to bring these numbers down." Merz's comments come on the back of data which earlier this week showed the rising numbers in antisemitic incidents in Germany. In 2024, 8,627 antisemitic incidents occurred — 77% more than in 2023. The data published by the Federal Association of Departments for Research and Information on Antisemitism (RIAS) showed that of the cases documented, 5,857 were classified as "antisemitism related to Israel." A total of 544 cases were attributed to right-wing extremist views. Here, you can read the main headlines, analyses, multimedia content, and DW on-the-ground reporting on everything to do with Germany. German Chancellor Friedrich Merz is rounding off his trip to Washington and has been speaking to US media. Elsewhere, Lufthansa said Friday it would restart flights to and from Tel Aviv on June 23, having halted them at the beginning of May amid the ongoing regional conflict.
