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Chalerm Yoovidhya

From Wikipedia, the free encyclopedia

Chalerm Yoovidhya
BornSeptember 1950 (age 68)
Bangkok, Thailand
ResidenceBangkok, Thailand
NationalityThai
OccupationBusinessman
Net worthUS$21 billion (2018)[1]
Spouse(s)Daranee Yoovidhya
Children3, including Vorayuth Yoovidhya
Parent(s)Chaleo Yoovidhya

Chalerm Yoovidhya (born 1950) is a Thai billionaire businessman and heir to the Red Bull fortune. As of 2018, Forbes estimates his net worth at US$21 billion.[1]

Early life

Chalerm Yoovidhya is the eldest son of Chaleo Yoovidhya, the originator of Krating Daeng and co-creator of the Red Bull brands of energy drinks.[1] His brother Saravoot Yoovidhya runs Red Bull in Thailand, and is a main board director of Kasikorn Bank.[1]

Personal life

Chalerm is married to Daranee Yoovidhya, with three children, and lives in Bangkok, Thailand.[1][2] Their children are Varangkana Kritakara, Varit and Vorayuth Yoovidhya.[2]

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.[3] 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's auditors raised concerns about the arrangements in 2010 and 2013.[3]

See also

References

  1. ^ a b c d e "Chalerm Yoovidhya". Forbes. Retrieved 2 April 2017.
  2. ^ a b "Daranee Yoovidhya Profile". Thailand Tatler. Retrieved 2 April 2017.
  3. ^ a b "How the super-rich Thai family that co-founded Red Bull conceals its wealth, using offshore companies". South China Morning Post. AP. 2017-08-17. Retrieved 2019-01-14.
This page was last edited on 15 January 2019, at 09:40
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