Chalerm Yoovidhya (; born 1950) is a Thai billionaire businessman and heir to the Red Bull fortune. , ''
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'' estimates his net worth at US$20.2 billion.
Early life
Chalerm Yoovidhya is the eldest son of
Chaleo Yoovidhya
Chaleo Yoovidhya (; th, เฉลียว อยู่วิทยา, , ; 17 August 1923 – 17 March 2012) was a Thai businessman and investor. He was the originator of Krating Daeng () and co-creator of the Red Bull brand of energy drink ...
, the originator of
Krating Daeng
Krating Daeng ( th, กระทิงแดง, , ; 'red bull' or 'red gaur') is a sweetened, non- carbonated energy drink developed by Chaleo Yoovidhya. The drink is marketed and sold primarily in Southeast and East Asia; its derivative, ...
Kasikorn Bank
Kasikornbank ( th, ธนาคารกสิกรไทย, , Teochew: Khai-thài Ngîng-hâng, , stylised in all caps), often stylised as KBank and formerly known as the Thai Farmers Bank is a banking group in Thailand. KBank was establishe ...
.
Personal life
Chalerm is married to Daranee Yoovidhya, with three children, and lives in
Bangkok
Bangkok, officially known in Thai as Krung Thep Maha Nakhon and colloquially as Krung Thep, is the capital and most populous city of Thailand. The city occupies in the Chao Phraya River delta in central Thailand and has an estimated populati ...
, Thailand. Their children are Varangkana Kritakara, Varit and
Vorayuth Yoovidhya
Wichian Klanprasert, a Thai police officer, allegedly was killed by Vorayuth Yoovidhya, grandson of billionaire Red Bull co-founder Chaleo Yoovidhya, in a hit-and-run incident in Bangkok, Thailand, on 3 September 2012.
Vorayuth, then 27, was cha ...
.
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
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, anthem = "God Save the King"
, song_type = Territorial song
, song = " Oh, Beautiful Virgin Islands"
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, mapsize = 290px
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. 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
Mossack Fonseca & Co. () was a Panamanian law firm and corporate service provider.
Interpol
The International Criminal Police Organization (ICPO; french: link=no, Organisation internationale de police criminelle), commonly known as Interpol ( , ), is an international organization that facilitates worldwide police cooperation and cri ...