Chalerm Yoovidhya
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Born | September 1950 (age 73)
Bangkok, Thailand
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Nationality | Thai |
Occupation | Businessman |
Spouse | Daranee Yoovidhya |
Children | 3, including Vorayuth Yoovidhya |
Parent | Chaleo Yoovidhya |
Chalerm Yoovidhya born 1950 is a Thai billionaire businessman and co-owner of Red Bull GmbH. As of 2020[update], Forbes estimates his net worth at US$33.4 billion.[1]
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]
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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