Mark Dietrich Mateschitz (; born 7 May 1992) is an Austrian billionaire heir who owns 49% of

Red Bull GmbH Red Bull GmbH () is an Austrian multinational private conglomerate company that created the Red Bull range of energy drinks. It is also known for its sponsorship, wide range of sporting events and Works team, teams. The headquarters of Red Bull ...

, the

energy drink An energy drink is a type of non-alcoholic psychoactive functional beverage containing stimulant compounds, usually caffeine (at a higher concentration than ordinary soda pop) and taurine, which is marketed as reducing tiredness and improving pe ...

company that was co-founded by his father, Dietrich Mateschitz. In 2024, ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' estimated Mateschitz'

net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Financial assets minus outstanding liabilities equal net financial assets, so net w ...

at $39.6 billion, ranking him as the 31st-richest person in the world. In 2025 Mateschitz acquired the collection of historic grand prix and

Formula One Formula One (F1) is the highest class of worldwide racing for open-wheel single-seater formula Auto racing, racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one ...

racing cars established by

Bernie Ecclestone Bernard Charles Ecclestone (born 28 October 1930) is a British business magnate, motorsport executive and former racing driver. Widely known in journalism as the "F1 Supremo", Ecclestone founded the Formula One Group in 1987, controlling the c ...

for £500 million.

Early life and education

Mateschitz was born in May 1992, the only child of Dietrich Mateschitz and Anita Gerhardter. He went to high school in

Salzburg Salzburg is the List of cities and towns in Austria, fourth-largest city in Austria. In 2020 its population was 156,852. The city lies on the Salzach, Salzach River, near the border with Germany and at the foot of the Austrian Alps, Alps moun ...

, Austria and then studied business administration at Salzburg University of Applied Sciences. During his early life, he kept a low profile and went by his mother's surname; only his middle name, Dietrich, suggested a link to his father.

Professional life

In 2018, he launched his own drinks company, Thalheimer Heilwasser GmbH, which produces beer and lemonade with water from one of Austria's oldest springs. When his father died in October 2022, he inherited his father's 49% stake in

. He subsequently stepped down as an employee of the company in order to concentrate on his role as a shareholder. He sits on the board of the Red Bull Wings for Life Foundation, which is run chiefly by his mother Anita Gerhardter.

References

{{DEFAULTSORT:Mateschitz, Mark 1992 births Austrian billionaires Living people