Mark Gerhardter, the offspring of Dietrich Mateschitz, is well-known as a racer. Dietrich Mateschitz, who has never been married, is a licensed pilot who enjoys flying a Falcon 900 and a Piper Super Cub.
Profile Summary
| Famous as | Dietrich Mateschitz’s son |
|---|---|
| Full Name | Mark Gerhardter |
| Gender | Male |
| Date of Birth | May 7, 1992 |
| Nationality | American |
| Occupation | Racer |
| Net Worth | $26 billion |
Early Life and Education of Mark Gerhardter
Mark Gerhardter is an entrepreneur and the son of Dietrich Mateschitz, the co-founder of Red Bull GmbH. Born on May 7, 1992, Mark Gerhardter is expected to be 31 years old as of 2023. Although there isn’t much information about him available online, his father’s success in the energy drink industry has made Mark Gerhardter a notable figure.
Mark Mateschitz attended the Werkschulheim Felbertal, a private high school in Salzburg. Until 2011, he was a student there. After that, he started studying economics, also in Salzburg. However, it is unclear whether he has completed his studies.
Who Are Mark Mateschitz Parents?
Mark Mateschitz is the son of Dietrich Mateschitz and Anita Gerhardter. His father, an Austrian entrepreneur, founded Red Bull GmbH with a business partner. What started as an energy drink has now become a Red Bull empire that includes several football clubs, a Formula 1 racing team, and international sporting events. Unfortunately, Dietrich passed away on October 22, 2022, at the age of 78.
Mark’s mother, Anita Gerhardter, is also from Austria. She used to be a stewardess and ski instructor. Gerhardter is now the head of “Wings for Life,” a foundation set up by Dietrich. Mark grew up with her, and he used his mother’s last name. Later on, he took his father’s name.
Meet Mark Gerhardter’s Father, Dietrich Mateschitz
Dietrich Mateschitz is an Austrian businessman who is best known for co-founding Red Bull GmbH with Chaleo Yoovidhya in 1984. Before entering the beverage industry, Mateschitz worked in marketing for Unilever and Blendax. During a trip to Thailand, he discovered the drink Krating Daeng and modified it into the Red Bull energy drink we know today. The brand made its debut in Austria in 1987, and Mateschitz propelled it to the forefront of the global energy drink industry.
Aside from his work with Red Bull, Mateschitz is a licensed pilot who enjoys flying a Falcon 900 and a Piper Super Cub. He also co-founded the Wings for Life organization with Heinz Kinigadner, which promotes spinal cord research.
Career Path of Mark Gerhardter
Mark Gerhardter’s career path has been largely unknown to the public, but it is known that he is a racer. Despite his substantial wealth, Mark Gerhardter has announced that he will not be working as an employee of Red Bull. Instead, he will only be a shareholder. His father’s passing due to cancer may have played a role in this decision.
Mark Mateschitz Net Worth
His net worth is estimated to be around $26 billion after inheriting 49 percent of the Red Bull company from his father. This is a significant increase from his previous net worth of $6 million.
Conclusion
When Mark was 18 years old, his father Dietrich included him in the Red Bull empire. Dietrich gave Mark half of a company that was specifically created for him, in which Mark is a shareholder, and which holds shares in a real estate company. With time, Mark began taking on more and more responsibilities within the family business. He was the managing director of a brewery for several years and joined the management team at “Wings for Life” in 2022.
It is uncertain whether Mark will take over the Red Bull empire. The Mateschitz family owns only 49 percent of the company, with the majority owned by the Thai family Yoovidhya. Industry experts consider it improbable that the young and inexperienced Mark Mateschitz is ready to lead the multi-billion-dollar empire.
However, Dietrich Mateschitz stated several years ago that “after completing his training, my son will join the company if he wants to and when the time is right.” It is also possible that Mark has been preparing for the task in the background, so the time may be ripe for him to take on a more significant role in the company.
