Chalerm Yoovidhya (born 1950) is a Thai billionaire businessman and co-owner of Red Bull GmbH. As of 2024, Forbes estimates his family's net worth at US$36 billion, making them the wealthiest in Thailand.[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 Yoovidhya Kritakara Yoovidhya, Varit Yoovidhya, 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
- Death of Wichian Klanprasert, a case in which Chalerm's fugitive son Vorayuth was sought by Interpol
References
- Chalerm Yoovidhya and family are the richest among Thai billionaires The Nation, 3 July 2024, retrieved 9 October 2024^
- Chalerm Yoovidhya Forbes, retrieved 2 April 2017^
- Daranee Yoovidhya Profile Thailand Tatler, retrieved 2 April 2017^
- How the super-rich Thai family that co-founded Red Bull conceals its wealth, using offshore companies South China Morning Post, 17 August 2017, retrieved 14 January 2019^