#260 Chaleo Yoovidhya
03.05.08, 6:00 PM ET
< Previous: Joan Tisch Next: Gleb Fetisov > Age: 76
Fortune: self made
Source: Red Bull
Net Worth: $4.0 bil
Country Of Citizenship: Thailand
Residence: Bangkok , Thailand, Asia & Australia
Industry: Beverages
Marital Status: married, 5 children
Education: NA
Founder of T.C. Pharmaceuticals, a producer of energy drinks in Thailand. Met up with Austrian Dietrich Mateschitz two decades ago and the two decided to found an energy drink company. Chaleo provided the beverage formula and his partner contributed the marketing flair. The result: Red Bull, which now has $4.4 billion in sales and in which they each own 49%. Son Chalerm, who holds the remaining 2% stake in Red Bull, owns one of Asia's leading wine producers, Siam Winery, whose labels include Monsoon Valley and Sabai, an herb-and-wine drink.
http://www.forbes.com/lists/2008/10/billionaires08_Chaleo-Yoovidhya_13B6.html
