How did Dietrich Mateschitz die? Red Bull co-owner cause of death Explained

Dietrich Mateschitz cause of death

Dietrich Mateschitz, one of the owners of Red Bull, has died at the age of 78. The Austrian businessman who suffered from long-term cancer passed away on October 22, 2023. Let’s see in detail how one of the owners of Red Bull and Dietrich Mateschitz caused the death.

How did the owner of Red Bull die?

Mateschitz has been battling a serious illness with cancer recently, but Red Bull CEO Helmut Marko is determined to keep the details secret until this moment.

At the Japanese Grand Prix last month, Red Bull driver Max Verstappen won his second title in a row. This weekend, the team will wrap up this season’s constructors’ championship.

Red Bull Team Principal Christian Horner said: β€œIt is with great sadness that we learn of Dietrich’s passing, he was an incredible man and he loved Formula 1. We owe him a great deal as a team, and what he wants more than anything is to see his car come out in qualifying today. My thoughts With his family “.

Dietrich Mateschitz cause of death

Dietrich Mateschitz died after a long battle with cancer. Dietrich He passed away on Saturday at the age of 78 after suffering from a serious illness cancer. Cancer is considered the cause of death for Dietrich Mateschitz.

The Red Bull Formula 1 team, the championship leader, confirmed his death. Dietrich Mateschitz was seriously ill and had been battling the disease for several months. there she has Always also interest Around for him health, with Reports new From Austria in Recently weeks.

Who is Dietrich Mateschitz?

Dietrich Mateschitz rose to fame as the face of Austrian-Thai company Red Bull, which claims to have sold nearly 10 billion cans of caffeinated and taurine-containing drinks in 172 countries around the world last year. In 1984, Mateschitz began manufacturing energy drinks. Twenty years later, he bought the Jaguar F1 team and changed its identity to Red Bull Racing for the following season.

Mateschitz built sports, media, real estate and gastronomy empires as well as helping to globalize energy drink. The Styrian-born businessman developed a global empire on the energy drink Red Bull and was considered the richest man in Austria. The Styrian-born businessman created a vast empire around the world.

With Red Bull’s increasing success, Dietrich greatly increased his sports investment, particularly in extreme sports and motorsports. As a result, Red Bull currently owns football clubs, ice hockey teams and F1 racing teams.

To help racers reach the highest level, Red Bull has also entered into contracts with hundreds of athletes across a variety of sports. The estimated net worth of Mateschitz is €25 billion ($24.65 billion). In Forbes’ list of the world’s richest people, he was ranked 51st as a result.

How did the Red Bull owner become a billionaire?

The self-made billionaire has a reputation for being a marketing expert. In the seventies, after graduating from the Vienna University of World Trade, he became a specialist in marketing for several companies.

In 1987, Red Bull was introduced to the market after modifying the Thai energy drink recipe and creating a marketing strategy.

Sebastian Vettel won his first Red Bull Formula 1 championship in 2010 before winning four times in a row.

He became aware of the energy and energizing beverage market during his business trips to Asia. These drinks were still completely unknown at that time in both Europe and the United States. He received a license to sell such a drink in Asia in 1983.

A year later, he founded Red Bull GmbH with the Thai business family Yoovidhya, in which he held a 49% stake. The foamy, sparkling, sweet drink, whose flavor is comparable to that of gummy bears, has risen to No. 1 on the market. Redbull had sales of 7.8 billion euros in 2021 with 9.8 billion cans of Red Bull sold worldwide.

Tribute to Dietrich Mateschitz

The Repsol Honda Team tweeted,

Today we are deeply saddened by the passing of Dietrich Mateschitz, co-founder of Red Bull. The Human Rights Council and the Repsol Honda Team extend our deepest condolences to those around him. Rest in peace.

Sebastien Ogier wrote,

I am very sad to learn more about the passing of Dietrich Mateschitz who was a great visionary who created a business empire and a brand that brought so much to motorsports and sports in general. My thoughts are with his family and friends. Rest in peace

Jean-Eric Vergne wrote,

Very sad to hear of the loss of Red Bull founder Dietrich Mateschitz, he has done so much for our sport and especially so many young drivers – I owe him a huge part of my career… Rip

Sebastian Kurz posted,

“Bad managers are only those who comply.” These are the high-paid officials who are trying to survive without preparing for the future. “

Didi Mateschitz didn’t attract much attention in public, interviews were rare – but when she did, she was always directed and reliable.

I enjoyed many personal conversations with him more than that because he was always straight.

With his death, Austria loses a great promoter of sport, a courageous thinker and a great businessman who not only created countless jobs, but above all inspired many with his visions. Sincere condolences to his family and all his friends and companions!

Brian Anderson wrote,

We found out that Red Bull founder Dietrich Mateschitz passed away with a heavy heart tonight. It has been a great pleasure for over 30 years to have us sponsored by Red Bull before they became an international name.

They cared for me to ride around the Edinburgh Arthur seat for 24 hours non-stop.

I have always been connected to Red Bull because there has been support for me since many years before Formula 1

Read on,

How did Ezra Kipruto Koji die? car accident explanation

How did Steve Sprayberry die? The cause of death was explained by a Crimson Tide offensive lineman

Follow us Twitter For more updates.