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
BornSeptember 1950 (age 71)
Bangkok, Thailand
NationalityThai
OccupationBusinessman
Spouse(s)Daranee Yoovidhya
Children3, including Vorayuth Yoovidhya
Parent(s)Chaleo Yoovidhya

Early lifeEdit

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 lifeEdit

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 alsoEdit

ReferencesEdit

  1. ^ Thaitrakulpanich, Asaree (3 April 2020). "THAILAND'S 50 RICHEST LESS RICH DUE TO PANDEMIC, BUT STILL PRETTY RICH". Khaosod English. Retrieved 4 April 2020.
  2. ^ a b c "Chalerm Yoovidhya". Forbes. Retrieved 2 April 2017.
  3. ^ a b "Daranee Yoovidhya Profile". Thailand Tatler. Retrieved 2 April 2017.
  4. ^ a b "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.