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Chalerm Yoovidhya

From Alfawiki
Chalerm Yoovidhya
Born1950
Thailand
OccupationEntrepreneur
Known forCo-proprietor of Red Bull GmbH
SpouseDaranee Yoovidhya
ChildrenVarangkana Kritakara, Varit Yoovidhya, Vorayuth Yoovidhya

Chalerm Yoovidhya (born 1950) is a prominent Thai billionaire entrepreneur and a co-proprietor of Red Bull GmbH. According to Forbes in 2024, his family's wealth is valued at approximately US$36 billion, ranking them as the richest in Thailand.

Early life

As the firstborn of Chaleo Yoovidhya, the originator of Krating Daeng and a co-founder of the Red Bull energy drink brand, Chalerm inherited a significant legacy.[1] His sibling, Saravoot Yoovidhya, oversees Red Bull's operations within Thailand and holds a key position on the board of directors at Kasikorn Bank.[1]

Personal life

Chalerm is wedded to Daranee Yoovidhya, and together they have three children. The family resides in Bangkok, Thailand.[1][2] Their offspring include Varangkana Kritakara, Varit, and Vorayuth Yoovidhya.[2]

Both Chalerm and Daranee have been associated with the Panama Papers revelations due to their ownership of five luxury London properties through Karnforth Investments, a company registered in the British Virgin Islands.[3] The family's stake in Red Bull is managed via an intricate structure involving several British Virgin Islands entities such as Karnforth, Jerrard Company Ltd., and JK Fly. Notably, auditors from Mossack Fonseca raised concerns about these corporate arrangements during 2010 and 2013.[3]

See also

References

  1. ↑ 1.0 1.1 1.2 Cite error: Invalid <ref> tag; no text was provided for refs named Forbes Profile
  2. ↑ 2.0 2.1 Cite error: Invalid <ref> tag; no text was provided for refs named thailandtatler1
  3. ↑ 3.0 3.1 Cite error: Invalid <ref> tag; no text was provided for refs named scmp