Chalerm Yoovidhya

Chalerm Yoovidhya
Born September 1950 (age 68)
Bangkok, Thailand
Residence Bangkok, Thailand
Nationality Thai
Net worth US$9.7 billion (April 2017)[1]
Spouse(s) Daranee Yoovidhya
Children Varangkana Kritakara
Varit Yoovidhya
Vorayuth Yoovidhya
Parent(s) Chaleo Yoovidhya

Chalerm Yoovidhya is a Thai billionaire businessman and heir to the Red Bull fortune. As of April 2017, Forbes estimates his net worth at US$9.7 billion.[1]

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.[1] His brother Saravoot Yoovidhya runs Red Bull in Thailand, and is a main board director of Kasikorn Bank.[1]

Personal life

Chalerm is married to Daranee Yoovidhya, with three children, and lives in Bangkok, Thailand.[1][2] Their children are Varangkana Kritakara, Varit and Vorayuth Yoovidhya.[2]

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.[3] 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.[3]

See also

References

  1. 1 2 3 4 5 "Chalerm Yoovidhya". Forbes. Retrieved 2 April 2017.
  2. 1 2 "Daranee Yoovidhya Profile". Thailand Tatler. Retrieved 2 April 2017.
  3. 1 2 "How Red Bull's super-rich co-founders conceal their wealth". scmp.com. Retrieved 21 August 2017.
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