Chalerm Yoovidhya
Thai billionaire businessman
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The basics
Quick Facts
| Intro | Thai billionaire businessman | ||
| Places | Thailand | ||
| is | Businessperson | ||
| Work field | Business | ||
| Gender |
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| Birth | September 1950 | ||
| Age | 74 years | ||
| Family |
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The details
Biography
Chalerm Yoovidhya (born 3 September 1950) 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.
Early life
Chalerm Yoovidhya was born in September 1950, the eldest son of Chaleo Yoovidhya, the originator of Krating Daeng and co-creator of the Red Bull brands of energy drinks. His brother Saravoot Yoovidhya runs Red Bull in Thailand, and is a main board director of Kasikorn Bank.
Career
Yoovidhya is a director of Red Bull Company Limited and Siam Winery Limited.
Personal life
Yoovidhya is married to Daranee Yoovidhya, with three children, and lives in Bangkok, Thailand. Their children are Varangkana Kritakara, Varit and Vorayuth Yoovidhya.
Yoovidhya and his wife have both been mentioned in connection with the Panama Papers, owning five multimillion-dollar properties in London, via Karnforth Investments which is incorporated in the British Virgin Islands. Their holdings in Red Bull are owned through a complex web of British Virgin Islands companies including Karnforth, Jerrard Company Ltd, and JK Fly; and Mossack Fonseca's auditors have raised concerns about the arrangements in 2010 and 2013.