Red Bull Founder Was Paid €866 Million Dividend Before Death
- Mateschitz, who died last month, was Austria’s richest man
- Son inherited energy-drink maker known for sports sponsorship
Dietrich Mateschitz at the Austrian Formula One Grand Prix in Spielberg, Austria, in 2018.
Photographer: Erwin Scheriau/AFP/Getty Images
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Red Bull founder Dietrich Mateschitz, who died last month, had recently been paid a record €866 million ($865 million) dividend by the energy drink maker out of the company’s 2021 results.
The payout to Austria’s then-richest person was 28% more than the previous year, according to Austria’s corporate register. Mateschitz’s son, Mark, has inherited his 49% stake in the company.