Chalerm Yoovidhya | |
Birth Place: | Bangkok, Thailand |
Nationality: | Thai |
Occupation: | Businessman |
Known For: | 51% stake in Red Bull GmbH |
Spouse: | Daranee Yoovidhya |
Children: | 3, including Vorayuth Yoovidhya |
Father: | Chaleo Yoovidhya |
Relations: | Saravoot Yoovidhya (brother) |
Chalerm Yoovidhya (born 1950) is a Thai billionaire businessman and co-owner of Red Bull GmbH., 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.
Chalerm is married to Daranee Yoovidhya, with three children, and lives in Bangkok, Thailand.[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]