Latest news with #ChalermYoovidhya
Bloomberg
4 days ago
- Business
- Bloomberg
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.
Bloomberg
5 days ago
- Business
- Bloomberg
Red Bull Heir Transfers $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.
