Dietrich Mateschitz Children: Who is Mark Gerhardter – Austrian business tycoon Dietrich Mateschitz was worth a billion dollars. He was a co-founder of Red Bull GmbH and held a 49% stake in the company.
As of April 2022, Mateschitz’s net worth is estimated at $27.4 billion. Mateschitz has previous marketing experience at Blendax and Unilever. During a stay in Thailand, he discovered the drink Krating Daeng, which he then transformed into Red Bull. In 1984 he founded Red Bull GmbH and introduced it to Austria in 1987.
Five-time Formula One constructors’ champion Red Bull Racing and sister team AlphaTauri, as well as soccer teams FC Red Bull Salzburg and RB Leipzig, were all acquired or founded by his company.
Mateschitz and Heinz Kinigadner are co-founders of the Wings for Life Foundation, which supports spinal cord research. In order to collect donations, the foundation has been organizing the Wings for Life World Run since 2014.
Mateschitz personally donated 70 million euros to Paracelsus Medical University for a spinal cord injury research center.
He also founded the World Stunt Awards, an annual fundraiser for his Taurus Foundation, which supports injured stunt performers, according to his website.
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ToggleAbout Dietrich Mateschitz
Mateschitz was born on May 20, 1944 into a family of Slovenian or Croatian origin in Sankt Marein im Mürztal, Styria, Nazi Germany, now Austria.
His father was from Maribor, now in Slovenia, and his mother from Styria. Some sources believe that his ancestors are in the Zadar region, where he is said to have had relatives and where the surname Matei was popular. He describes himself as a cosmopolitan Styrian.
Both his parents were teachers, and he studied marketing for ten years at the University of Global Business, now the Vienna University of Economics and Business. Extreme sports caught his attention and passion from a very young age.
In 2017, Mateschitz and his Bundesliga club RB Leipzig came under fire after supporting Donald Trump and other populist causes in an interview with Kleine Zeitung. He also suggested that Austria close its borders to refugees.
He went on to sharply criticize the German and Austrian governments for their actions during Europe’s refugee crisis in 2015.
Mateschitz owned the Fijian island of Laucala in addition to his residence in Fuschl am See, Austria, which he bought from the Forbes family for £7 million. He bought and restored houses and castles in the Austrian Alps for millions of dollars.
He battled pancreatic cancer for a long time before passing away on October 22, 2022 at the age of 78.
Dietrich Mateschitz Children: who is Mark Gerhardter?
Mateschitz never married, but had a son named Mark in the early 1990s. His son was a managing director of one of Mateschitz’s investment companies at the time of his death.
Mateschitz gave several interviews and refused to talk about his son. Despite his involvement in Formula 1, he remains a withdrawn and reserved person.
He was known for his simplicity and was often photographed in casual clothing, preferably jeans and sunglasses. Mateschitz had a committed relationship with Marion Feichtner after dating his son’s mother for two years.