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Chaleo Yoovidhya

also known as Chaliao Yuwitthaya

Businessman investor

Chaleo Yoovidhya was a Thai businessman and investor. He was the originator of Krating Daeng and was co-creator of the Red Bull brands of energy drinks. At the time of his death in 2012 at the age of 88, he was listed as the third-richest person in Thailand, with an estimated net worth of US$5 billion

Background

Chaleo was born in Central Thailand at some point between 1922 and 1932, in a poor Thai-Chinese family that raised ducks and traded fruit in Phichit. His father was an immigrant from Hainan.

Career

He needed 10 years to graduate from college and when he was 28, he finally got his degree in marketing. After graduation, he found a job and started working 9-5 as most of the people do. His career went well, he worked for companies like Jacobs and Unilever and after few years, he became the director in the marketing department of Blendax. That job involved a lot of traveling around the world, which was a key factor for the birth of Red Bull. In 1984 Chaleo formed a partnership with Austrian businessman Dietrich Mateschitz, who tweaked the tonic’s formula for Western palates (including adding carbonation) and developed a marketing campaign that made Red Bull an international sensation among younger consumers. By 2011 Chaleo’s 49% stake in Red Bull GmbH, which included sponsorship of a Formula One race-car team, was worth an estimated $5 billion.

Achievements

  • Achievement  of Chaleo Yoovidhya

    The first version of Red Bull (the drink) was released in 1987, and it was totally complete product.

    Red Bull is now sold in 70 countries throughout the world.

Religion

buddism

Personality

Quotes from others about the person

  • "I never heard words like 'difficult' or 'impossible' from my father. He dedicated his life to his work and never complained that he was tired. He really enjoyed his work and sometimes carried on until 1 or 2am. When he talked about his work, he was always very happy and active," said Chaleo's son Saravudh.

Interests

  • Sport & Clubs

    Red Bull team

Connections

Children: Jiravat Yoovidhya, Chalerm Yoovidhya, Suthirat Yoovidhya, Saravoot Yoovidhya, Sakchai Yoovidhya

Parents: Seng Saelee, Thongyoo Saelee

Spouse:Noklek Sodsri (Divorced),Bhava na Langdhara

Son:
Chalerm Yoovidhya
Chalerm Yoovidhya - Son of Chaleo Yoovidhya