webfact Posted October 24, 2016 Share Posted October 24, 2016 Meet the Billionaires of Thailand's Red Bull Fortune By Sterling Wong Bloomberg - Booming segment creates $45 billion of individual net worth - The brand accounts for 87% of world’s energy-drink billions The 24-mile leap from the edge of space to the sands of New Mexico was vintage Red Bull. With logos emblazoned across the skydiver’s spacesuit, helmet and parachute, the 844 mile-per-hour (1,358 kilometer-per-hour) freefall played out in 13 minutes of heart-stopping videostreamed live on the Internet. It was the kind of stunt that’s helped leave 11 surviving family members of reclusive Thai entrepreneur and sometime duck farmer Chaleo Yoovidhya with collective wealth of $22 billion, the world’s largest fortune from energy drinks, according to the Bloomberg Billionaires Index. While the relatives live well, “they do not brag about it,” said Yupana Wiwattanakantang, associate professor at the National University of Singapore’s Business School. Yoovidhya “set the tone being humble and modest.” Full story: http://www.bloomberg.com/news/articles/2016-10-24/red-bull-fuels-extreme-wealth-with-11-billionaires-in-thailand -- Bloomberg 2016-10-25 Link to comment Share on other sites More sharing options...
Somtamnication Posted October 24, 2016 Share Posted October 24, 2016 One of them is a bad driver, too. Link to comment Share on other sites More sharing options...
sharecropper Posted October 24, 2016 Share Posted October 24, 2016 And know you know how the outrageous fugitive from justice story has been made possible.... Link to comment Share on other sites More sharing options...
NongKhaiKid Posted October 25, 2016 Share Posted October 25, 2016 The relatives live well and for at least one that includes above the law too. Link to comment Share on other sites More sharing options...
Laughing Gravy Posted October 25, 2016 Share Posted October 25, 2016 From the headline itself, there is nothing more repugnant I would like. Link to comment Share on other sites More sharing options...
canuckamuck Posted October 25, 2016 Share Posted October 25, 2016 Yes they believe in a keeping a low profile. One of them in particular. Ironically he is the only one anyone thinks about when they hear Red Bull. Link to comment Share on other sites More sharing options...
Prbkk Posted October 25, 2016 Share Posted October 25, 2016 Poison. Link to comment Share on other sites More sharing options...
Don Mega Posted October 25, 2016 Share Posted October 25, 2016 23 minutes ago, canuckamuck said: Yes they believe in a keeping a low profile. One of them in particular. Ironically he is the only one anyone thinks about when they hear Red Bull. Yeah, I seriously doubt many outside of Thailand would have even heard his name. Link to comment Share on other sites More sharing options...
Happy Grumpy Posted October 25, 2016 Share Posted October 25, 2016 Quote While the relatives live well, “they do not brag about it,” Besides roaring Ferrari's around downtown while coked up at 4am and killing people with them. Link to comment Share on other sites More sharing options...
Deli Posted October 25, 2016 Share Posted October 25, 2016 It's the Austrian guy who made the brand, not the founders, though both are loaded like hell. And one of them definitely should burn in the same. Link to comment Share on other sites More sharing options...
yellowboat Posted October 25, 2016 Share Posted October 25, 2016 1 hour ago, Somtamnication said: One of them is a bad driver, too. Sadly that is what comes to mind; a spoiled brat who is well above the law. Link to comment Share on other sites More sharing options...
KneeDeep Posted October 25, 2016 Share Posted October 25, 2016 10 minutes ago, Deli said: It's the Austrian guy who made the brand, not the founders, though both are loaded like hell. And one of them definitely should burn in the same. I was going to state the same thing. Without his influence, it likely would not have grown to such dizzy heights. Not taking anything away from them. It appears a successful partnership. Quote Austrian entrepreneur Dietrich Mateschitz was inspired by an existing energy drink named Krating Daeng, which was first introduced and sold in Thailand by Chaleo Yoovidhya Unlike another red who was said to have shafted his western partner. Link to comment Share on other sites More sharing options...
klauskunkel Posted October 25, 2016 Share Posted October 25, 2016 From the article: Succession at Red Bull GmbH is also a concern, according to National University of Singapore’s Wiwattanakantang, where Mateschitz has led the marketing effort and the Yoovidhya heirs “haven’t shown the ability to do that so far.” they must have other priorities - play, sanook, kill a policeman, fun, evade justice, party... Link to comment Share on other sites More sharing options...
Don Mega Posted October 25, 2016 Share Posted October 25, 2016 (edited) 30 minutes ago, klauskunkel said: From the article: Succession at Red Bull GmbH is also a concern, according to National University of Singapore’s Wiwattanakantang, where Mateschitz has led the marketing effort and the Yoovidhya heirs “haven’t shown the ability to do that so far.” they must have other priorities - play, sanook, kill a policeman, fun, evade justice, party... yeah cause the whole family has taken up the pastime of killing policeman !! Its amusing so many get their panties in a twist over this yet if the tables were reversed they would do the exact same. Edited October 25, 2016 by Don Mega Link to comment Share on other sites More sharing options...
Colabamumbai Posted October 25, 2016 Share Posted October 25, 2016 Is he still in Singapore? Link to comment Share on other sites More sharing options...
MorristheRunt Posted October 25, 2016 Share Posted October 25, 2016 One of them is a murdering, cowardly bastard. Link to comment Share on other sites More sharing options...
performance Posted October 25, 2016 Share Posted October 25, 2016 Yes and we need to clarify as this article is false. RED BULL is not owned by Thailand. Although they like to advertise it. They own only the distribution rights here. They did not invent anything. Thais are great at talking and selling. They Mai Dai invent. Link to comment Share on other sites More sharing options...
performance Posted October 25, 2016 Share Posted October 25, 2016 5 hours ago, klauskunkel said: From the article: Succession at Red Bull GmbH is also a concern, according to National University of Singapore’s Wiwattanakantang, where Mateschitz has led the marketing effort and the Yoovidhya heirs “haven’t shown the ability to do that so far.” they must have other priorities - play, sanook, kill a policeman, fun, evade justice, party... They do not own RED BULL. LOL They only own distribution rights in Thailand. Yes Thais love fizzy drinks. There not smart about health. They made big bucks selling that poison. Link to comment Share on other sites More sharing options...
Jimbo2014 Posted October 25, 2016 Share Posted October 25, 2016 I never hear about their philanthropic work, only their endeavours to manipulate the Thai legal system. Does anyone need 1/11th of 45 billion dollars? Link to comment Share on other sites More sharing options...
JAG Posted October 25, 2016 Share Posted October 25, 2016 25 minutes ago, Colabamumbai said: Is he still in Singapore? Just can't shake off that really really bad cold. Link to comment Share on other sites More sharing options...
Hugh Jarse Posted October 25, 2016 Share Posted October 25, 2016 3 hours ago, Somtamnication said: One of them is a bad driver, too. Whats the latest on this one? Link to comment Share on other sites More sharing options...
Anthony5 Posted October 25, 2016 Share Posted October 25, 2016 5 hours ago, Don Mega said: 5 hours ago, klauskunkel said: From the article: Succession at Red Bull GmbH is also a concern, according to National University of Singapore’s Wiwattanakantang, where Mateschitz has led the marketing effort and the Yoovidhya heirs “haven’t shown the ability to do that so far.” they must have other priorities - play, sanook, kill a policeman, fun, evade justice, party... yeah cause the whole family has taken up the pastime of killing policeman !! Its amusing so many get their panties in a twist over this yet if the tables were reversed they would do the exact same. I know on who I put my money if asked about who get his panties in a twist. Link to comment Share on other sites More sharing options...
dotpoom Posted October 25, 2016 Share Posted October 25, 2016 Amazes me every time a story like this comes up, one could bet one's life on it that practically every post will be written as if the writer knew something that practically everybody in Thailand doesn't know already. Nothing original, just same old same old. Grow up.....this is the real world we live in and it has been going on for centuries. Link to comment Share on other sites More sharing options...
JKfarang Posted October 25, 2016 Share Posted October 25, 2016 10 minutes ago, dotpoom said: Amazes me every time a story like this comes up, one could bet one's life on it that practically every post will be written as if the writer knew something that practically everybody in Thailand doesn't know already. Nothing original, just same old same old. Grow up.....this is the real world we live in and it has been going on for centuries. I am not trying to insult anyone but just because something has been "going on for centuries" doesn't make it right or imply that it has to continue. My belief is that if someone complains about something they believe is wrong there is no guarantee that it will change for the better. On the other hand, if they don't complain then it is almost guaranteed that nothing will change. Link to comment Share on other sites More sharing options...
little mary sunshine Posted October 25, 2016 Share Posted October 25, 2016 Never spent 1 Baht for their energy BS since The Family enabled the Murder "run" to Singapore. rot in hell....Karma Link to comment Share on other sites More sharing options...
Don Mega Posted October 25, 2016 Share Posted October 25, 2016 1 hour ago, performance said: They do not own RED BULL. LOL They only own distribution rights in Thailand. Yes Thais love fizzy drinks. There not smart about health. They made big bucks selling that poison. Between them Chaleo and Chalerm owned 51%, when did they sell ? Link to comment Share on other sites More sharing options...
SOTIRIOS Posted October 25, 2016 Share Posted October 25, 2016 ...why do you bring attention to them......??? ...is this an advertisement.....??? ...wow.... ...disgusting...... Link to comment Share on other sites More sharing options...
ratcatcher Posted October 25, 2016 Share Posted October 25, 2016 1 hour ago, performance said: They do not own RED BULL. LOL They only own distribution rights in Thailand. Yes Thais love fizzy drinks. There not smart about health. They made big bucks selling that poison. The Yoovidhya family owns Krating Daeng, a completely separate Thai operation from Dietrich Mateschitz's RedBull corporation based in Austria. Yoovidhya family has 51% interest in Red bull. Red Bull drink is not available in Thailand. .......................................................................................................................................................................................................................... "Red Bull The Thai product is a different company from the global brand Red Bull as formulated by Dietrich Mateschitz, an Austrian entrepreneur.[6] Mateschitz was the internationalmarketing director for Blendax, a German toothpaste company, when he visited Thailand in 1982 and discovered that Krating Daeng helped to cure his jet lag.[7] He worked with Chaleo's T.C. Pharmaceuticals to adapt the formula and composition to Western tastes.[8] Red Bull was launched in 1987. The two companies are often mistaken for each other, but they are separate entities focusing on different target markets, Red Bull the high end and Krating Daeng the low end.[citation needed] Today, Red Bull GmbH is 51 percent controlled by the Yoovidhya family, who own the trademark for the drink in Europe and the United States of America.[2] Wikipedia. Link to comment Share on other sites More sharing options...
kiwikeith Posted October 25, 2016 Share Posted October 25, 2016 4 hours ago, Prbkk said: Poison. Lots of research into energy drinks link them to causing Cancer, yet people all over the world poor this stuff down their throats. Link to comment Share on other sites More sharing options...
Pib Posted October 25, 2016 Share Posted October 25, 2016 His billions sure are keeping his grandson out of jail for running over/killing a policeman. Money buys justice of choice I guess. Link to comment Share on other sites More sharing options...
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