Red Bull's owners toast  €500m payout as sales surge

Drink maker sees income rise 10% to €818m last year
Red Bull's owners toast  €500m payout as sales surge

About 7.5bn cans of Red Bull were sold in 2019, according to the company’s website, making its owners among the wealthiest people on the planet.

Energy drink maker Red Bull raised the annual payout to owners Dietrich Mateschitz and the Yoovidhya family to more than half a billion euro after sales and profit swelled.

Red Bull’s net income rose 10% last year to €818m after revenue grew 8.6% and payouts from subsidiaries soared, according to a filing to the Austrian company register. The payout to founder and boss Mateschitz and Thailand’s Yoovidhya family was €554m.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited