⬅ # 31 Phil Knight|# 33 Klaus-Michael Kuehne ➡

# 32 Mark Mateschitz 

$39.4B

Real Time Net Worth
as of 5/13/2024
$150 (0.00%)

# 32 Mark Mateschitz 

$39.4B

Real Time Net Worth
as of 5/13/2024
$150 (0.00%)
OccupationHeir, Red Bull GmbH
Source of WealthRed Bull
Age32
ResidenceSalzburg, Austria
Marital StatusSingle
Age-Adjusted Net Worth$262B
Mark Mateschitz
Mark Mateschitz
Austria
Net worth: $39.4B

Self-Made Score 

Biography

Life

Mark Dietrich Mateschitz was born in May 1992, the only child of Dietrich Mateschitz and Anita Gerhardter.
He attended high school in Salzburg and later pursued a degree in business administration at Salzburg University of Applied Sciences.
During his early life, Mateschitz maintained a low profile and primarily used his mother's surname. His middle name, Dietrich, was the only hint of his connection to his father.
In 2018, he founded Thalheimer Heilwasser GmbH, his own drinks company, specializing in beer and lemonade crafted with water from one of Austria's oldest springs.

Career and Business Ventures

Mateschitz owns 49% of Red Bull GmbH, the renowned energy-drink company co-founded by his father, Dietrich Mateschitz.
In 2022, he inherited his father's 49% stake in Red Bull GmbH after his father's passing, prompting him to step down as an employee and focus on his role as a shareholder.

Philanthropy and Board Positions

Mateschitz is actively involved in philanthropy and sits on the board of the Red Bull Wings for Life Foundation.
The Red Bull Wings for Life Foundation is primarily managed by his mother.

How long would it take you to become as rich as Mark Mateschitz?

If you started with $10,000 and invested an additional $500 each month at a 44.01% CAGR, it would take you 5 years to reach Mark Mateschitz's net worth of $39.4B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 40.45% compared to 10.08% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Mark Mateschitz is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Mark Mateschitz, Red Bull is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey