Red Bull Heir Gets $615 Million Payout After Inheriting Firm
- Austrian energy drink maker pays lowest dividend in 3 years
- Mark Mateschitz inherited Red Bull after founding father died
Mark Mateschitz.
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Red Bull heir Mark Mateschitz received a €582 million ($615 million) dividend as his first payment since inheriting the energy-drink empire from his late father last year.
The dividend is the lowest paid to the Austrian shareholder in three years, and reflects a stutter in profitability last year in an otherwise exponential growth path for the company.