Chalerm Yoovidhya
BornSeptember 1950 (age 73)
Bangkok, Thailand
NationalityThai
OccupationBusinessman
SpouseDaranee Yoovidhya
Children3, including Vorayuth Yoovidhya
ParentChaleo Yoovidhya

Chalerm Yoovidhya (Chinese: 許書恩; pinyin: Xǔ Shū'ēn; born 1950) is a Thai billionaire businessman and heir to the Red Bull fortune. As of 2020, Forbes estimates his net worth at US$33.4 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.[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]

See also

References

  1. ^ Thaitrakulpanich, Asaree (3 April 2020). "THAILAND'S 50 RICHEST LESS RICH DUE TO PANDEMIC, BUT STILL PRETTY RICH". Khaosod English. Retrieved 4 April 2020.
  2. ^ a b c "Chalerm Yoovidhya". Forbes. Retrieved 2 April 2017.
  3. ^ a b "Daranee Yoovidhya Profile". Thailand Tatler. Retrieved 2 April 2017.
  4. ^ a b "How the super-rich Thai family that co-founded Red Bull conceals its wealth, using offshore companies". South China Morning Post. AP. 17 August 2017. Retrieved 14 January 2019.


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