Europe’s Richest Millennial Emerges From Red Bull Wealth Shift

Mark Mateschitz, a 30-year-old Austrian, owns almost half of the Red Bull empire following his father’s death last month.

Mark Mateschitz

Photographer: Manfred Noger/ATPImages/Getty Images
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Along with owning half of the world’s largest energy-drink company and two Formula One racing teams, Mark Mateschitz holds another distinction: Europe’s richest millennial.

The 30-year-old Austrian, who inherited a 49% stake in Red Bull GmbH following the death of his father Dietrich last month, is now worth $15.7 billion, according to the Bloomberg Billionaires Index.