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Chalerm Yoovidhya

Thai businessman (born 1950) From Wikipedia, the free encyclopedia

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Chalerm Yoovidhya (born 1950) is a Thai billionaire businessman and co-owner of Red Bull GmbH. As of 2024, Forbes estimates his family's net worth at US$36 billion, making them the wealthiest in Thailand.[1]

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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.[2] His brother Saravoot Yoovidhya runs Red Bull in Thailand, and is a main board director of Kasikorn Bank.[2]

Personal life

Chalerm is married to Daranee Yoovidhya, with three children, and lives in Bangkok, Thailand.[2][3] Their children are Varangkana Kritakara, Varit and Vorayuth Yoovidhya.[3]

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.[4] 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.[4]

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See also

References

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