31.2 C
Bangkok
Thursday, May 16, 2024

Austrian Red Bull heir gets $615m dividend

Energy drink giant 51% owned by Thailand’s Yoovidhya family reports $1.65bn profit

(Photo: Zugnappen33 via Wikimedia Commons)

Red Bull heir Mark Mateschitz has received a dividend of €582 million ($615 million) as his first payment since inheriting the energy-drink empire from his late father last year.

The company, based in the Austrian town of Fuschl am See, distributed half of last year’s €1.56 billion ($1.65…

Read more…

Latest Articles