Chaleo Yoovidhya, Red Bull Co-Founder, Dies

By: Chris Crum - March 17, 2012

Chaleo Yoovidhya, the co-founder of Red Bull, who was widely considered one of the wealthiest people in Thailand, has died.

There are conflicting reports about how old he was. The Bangkok Post reports that he died of natural causes at Chulalongkorn Hospital at the age of 80, and that religious rites for Chaleo will be held at Wat Kreuwal Voraviharn from tomorrow to March 24. The Huffington Post is also reporting that he was 80. AFP is reporting that he was 89.

The image above is of “The First Red Bull MINI,” taken on May 15, 1987. It comes from the beginning of the Red Bull Facebook timeline. Here’s the first Red Bull ad:


According to that same AFP report, citing numbers from Forbes, Chaleo was worth $5 billion last year.

Chris Crum

About the Author

Chris CrumChris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.

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  • Steve G

    Did they bury him with RedBull so he could fly to heaven?

    • Chris Crum

      Haven’t seen that confirmed. Fark reports he got his last set of wings.

  • bobusmanov

    Red bull is 1 of a kind drink in the world and in AFRICA IS JUST TOO BAD THAT THE FOUNDER HAS GONE SEE U IN HEAVEN MR CHALEO