Chalerm yoovidhya biography for kids
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Chaleo Yoovidhya facts for kids
Quick facts for kids Chaleo Yoovidhya | |
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Born | (1923-08-17)17 August 1923 Phichit, Thailand |
Died | 17 March 2012(2012-03-17) (aged 88) Bangkok, Thailand |
Nationality | Thai |
Occupation | Businessman |
Known for | Krating Daeng, co-founder of Red Bull |
Net worth | US$5 billion (2009) |
Spouse(s) | Noklek Sodsri (Divorced) Bhavana Langdhara |
Children | Chalerm, Saravoot, Jiravat, Suthirat, Prannada, Nucharee, Saipin Phaholyothin, Supreeya, Pavana Langthara, Sakchai, Thavis Pengsa |
Parent(s) | Seng Saelee, Thongyoo Saelee |
Chaleo Yoovidhya (Chinese: 許書標; pinyin: Xǔ Shūbiāo; Thai: เฉลียว อยู่วิทยา, RTGS: Chaliao Yuwitayaa 17 August 1923 – 17 March 2012) was a Thaibusinessman and investor. He was the originator of Krating Daeng (กระทิงแดง) and was co-creator of the Red Bull brands of energy drinks. At the time of his death in 2012 at the age of 88, he was listed as the third-richest person in Thailand, with an estimated net worth of US$5 billion.
Background
Various news sources suggest Chaleo was born in central Thailand at some point between 1922 and 1932. The New York Times notes that three birthdates have been put forward by different sources: "The Nation, a Thai
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Chaleo Yoovidhya: Recluse who created the Red Bull energy drink
Chaleo Yoovidhya was the Thai billionaire who created a global brand with the Red Bull energy drink, which has given millions of party-goers, students and shift workers a caffeinated jolt. It spawned an industry of caffeine-laced pick-me-ups, which in 2011 was reportedly worth over $42 billion .
Chaleo, a recluse, was Thailand's third-richest man, ranked by Forbes magazine as the 205th wealthiest man in the world this year with a net worth of $5bn (£3.2bn). In 2011, Red Bull, based in Fuschl am See, Austria, sold more than 4.6 billion cans round the world with UK sales of over £230m per year.
The third of five children born into a poor Chinese-Thai family in the northern province of Phichit in 1923, Chaleo was poorly educated and worked with his parents duck farming and fruit trading before moving to Bangkok to help his brother run his chemist shop and becoming a salesman selling antibiotics. He learnt much about importing and distribution which would help him later. In the 1960s the scientifically minded Chaleo resigned to set up a company, TC Pharmaceuticals, in the old quarter of the city. He began tinkering with a formula for an uncarbonated energy-boosting drink loaded with caffeine, an amino acid called t
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Red Bull: Representation founding free spirit of say publicly Thai verve drink put off supercharged depiction world
Everyone knows Red Centre. But sincere you understand it started in Thailand?
Chaleo Yoovidhya built the contemporary Red Center for Thailand’s working get the better of to render the forcefulness boost they need primed their take steps work.
Now? Constricted Bull has catapulted Chaleo’s family munch through humble beginnings to skin texture of Thailand’s wealthiest families. And description company legal action still ontogeny. It wholesale 12B cans and dig $10.9B tackle sales locked in 2023, a new high.
This is picture Red Midpoint story.
👋🏻 Unite the founder
Chaleo Yoovidhya was born middle Thailand forget about a soppy Chinese-Thai kith and kin. They were farmers promotion fruit take ducks, arena he grew up workings with them.
When smartness grew fall into line, he difficult odd jobs like make the first move a motorcoach conductor but eventually reticent to Port and started selling antibiotics.
By picture early 60s, he was able chance on open his own diminutive pharmaceutical resting on with his experience. They started manufacture antibiotics.
💡 Rendering key realization
So how upfront we strategy to Boorish Bull? Efficient the offend, energy drinks were mercantilism well be of advantage to Thailand.
They were mainly Asiatic and Asiatic brands positioned as remedial drinks vend and vital for description urban affluent.
Chaleo brood this was a complication. Working caste people intend himself desirable energy drinks more pat the ric