Mark Mateschitz, the sole heir to the fortune of Dietrich Mateschitz, who passed away last October, became Europe’s richest member of the 30-year-old generation, occupying the 4th line in the world ranking of wealthy millennials.
In sociology and demography, millennials are those born approximately between 1981 and 1996.
Mateschitz Jr. is now 30 years old and his fortune is estimated at almost fifty billion euros, to be precise – at 47.5 billion. On a planetary scale, only Facebook founder Mark Zuckerberg, Zhang Yiming, founder of Chinese IT company ByteDance, and Lucas Walton, heir to the Walmart retail empire, are ahead of this indicator.
Mateschitz inherited 49% of Red Bull from his father, many luxury properties in several countries, including an entire island in the Fiji archipelago in the Pacific Ocean, as well as two Formula 1 teams – Red Bull Racing and AlphaTauri. There are also other sports assets there – for example, the Austrian football club Red Bull Salzburg and the German RB Leipzig.
Before his father’s death, Mark Mateschitz already had his own company, Thalheimer Heilwasser, which produces soft drinks and mineral water in addition to beer. As for his current role at Red Bull, he used to head Organics, one of the company’s divisions, but now he’s just one of the major shareholders.
He is not married, has not yet had children, and Austrian tabloids often write about his relationship with singer and TV presenter Victoria Swarovski, heiress to the famous Swarovski empire.
Source: F1 News
I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.
