Thai state media: Thai billionaire who created Red Bull energy drink dies at 89

This guy made it big after middle age. I suppose one never knows what surprises lurk in one’s life; whether good or bad… TGO

Refer to brief story below. Source: Associated Press

Associated PressBy The Associated Press | Associated Press
 

BANGKOK – State media in Thailand say the self-made Thai billionaire who created the renowned Red Bull energy drink three decades ago has died. He was 89.

Thai state television broadcaster MCOT says that Chaleo Yoovidhya died of natural causes on Saturday. It cited an executive at the Thai Beverage Industry Association.

Chaleo founded T.C. Pharmaceuticals. In the 1970s, it formulated an energy drink prototype called Krathing Daeng, or Red Bull in English. It was popular among Thai truck drivers and labourers.

Chaleo then co-founded a company in 1984 with an Austrian partner who helped turn Red Bull into a global brand.

Forbes magazine has ranked Chaleo among the richest men in the world. His assets are estimated to be worth several billion dollars.

About The Great One

Am interested in science and philosophy as well as sports; cycling and tennis. Enjoy reading, writing, playing chess, collecting Spyderco knives and fountain pens.
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1 Response to Thai state media: Thai billionaire who created Red Bull energy drink dies at 89

  1. GhostRider says:

    Born into a poor Thai Chinese migrant family in Phichit in northern Thailand, Chaleo Yoovidhya earned a living raising ducks and trading fruit in his younger days. Much like the Muslim woman who drove a taxi cab, he spent his life doing pretty much whatever it took doing – and perseverance. Any atheist would agree that surprises – whether good or bad – just don’t fall out of heaven and land on someone’s lap, -GhostRider Wisdom…that’s my story and I’m sticking to it.

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