Chalerm Yoovidhya
Chalerm Yoovidhya (Chinese: 許書恩; pinyin: Xǔ Shū'ēn; born 1950) is a Thai billionaire businessman and heir to the Red Bull fortune. As of 2020, Forbes estimates his net worth at US$20.2 billion.[1]
Chalerm Yoovidhya | |
---|---|
Born | September 1950 (age 70) Bangkok, Thailand |
Nationality | Thai |
Occupation | Businessman |
Net worth | US$20.2 billion (2020) |
Spouse(s) | Daranee Yoovidhya |
Children | 3, including Vorayuth Yoovidhya |
Parent(s) | Chaleo Yoovidhya |
Early life
Chalerm Yoovidhya is the eldest son of Chaleo Yoovidhya, the originator of Krating Daeng and co-creator of the Red Bull brands of energy drinks.[2] His brother Saravoot Yoovidhya runs Red Bull in Thailand, and is a main board director of Kasikorn Bank.[2]
Personal life
Chalerm is married to Daranee Yoovidhya, with three children, and lives in Bangkok, Thailand.[2][3] Their children are Varangkana Kritakara, Varit and Vorayuth Yoovidhya.[3]
Chalerm and his wife have both been mentioned in connection with the Panama Papers, owning five multi-million-dollar properties in London, via Karnforth Investments which is incorporated in the British Virgin Islands.[4] Their holdings in Red Bull are owned through a complex web of British Virgin Islands companies including Karnforth, Jerrard Company Ltd., and JK Fly. Mossack Fonseca's auditors raised concerns about the arrangements in 2010 and 2013.[4]
See also
- Death of Wichian Klanprasert, a case in which Chalerm's fugitive son Vorayuth is sought by Interpol.
References
- Thaitrakulpanich, Asaree (3 April 2020). "THAILAND'S 50 RICHEST LESS RICH DUE TO PANDEMIC, BUT STILL PRETTY RICH". Khaosod English. Retrieved 4 April 2020.
- "Chalerm Yoovidhya". Forbes. Retrieved 2 April 2017.
- "Daranee Yoovidhya Profile". Thailand Tatler. Retrieved 2 April 2017.
- "How the super-rich Thai family that co-founded Red Bull conceals its wealth, using offshore companies". South China Morning Post. AP. 17 August 2017. Retrieved 14 January 2019.