Mark Mateschitz
Source of wealth: Red Bull
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Biography
Mark Mateschitz is the only child of the late Austrian billionaire Dietrich Mateschitz, who cofounded energy drink firm Red Bull in 1987.
He inherited his father's 49% stake in Red Bull after the elder Mateschitz died in October 2022 at the age of 78.
Dietrich Mateschitz cofounded Red Bull with Thai businessman Chaleo Yoovidhya (d. 2012).
Red Bull sold 12.1 billion cans worldwide in 2023, enough to caffeinate every person on the planet.
After his father's death, Mark Mateschitz stepped down from his role as Head of Organics at the $11.4 billion (2023 sales) company to concentrate on his role as a shareholder.
Perspective on their fortune
Gold
Everyday luxury
A Mark Mateschitz's fortune is equivalent to 308 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.
A standard gold ring typically weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18k gold.
Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3
Mark Mateschitz could buy 82,101,513 gold rings. That's a lot of fingers and a lot of gifts!!
And if the number of rings is difficult to visualize, all these rings would need 15 trucks to transport them, But we can be almost certain that Mark Mateschitz will have enough left over to pay for the gas for those trucks.
Health
The price of life
Let's compare Mark Mateschitz's fortune with the healthcare spending of a huge country
Mark Mateschitz could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 20.6 years.
But even if we compare their fortune to that of a rich country
At the other extreme, Mark Mateschitz could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 9.1 years
Education
Buying the future
Lowest education spending
Mark Mateschitz could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 13.4 years.
Highest education spending
But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Mark Mateschitz could pay for it in full for 18.3 years.
Research
The monopoly of progress
Lowest research spending
Mark Mateschitz could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 76.9 years.
Highest research spending
But even if we compare the total wealth of Mark Mateschitz with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 1.7 years.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison