Billionaire Red Bull heir receives huge sum after inheriting drinks company

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Red Bull Racing is just a small part of the Red Bull company, earning £2 million in profit last year.

The heir to Red Bull co-founder Dietrich Mateschitz’s empire has received his first dividend payment after his father’s passing.

Although Red Bull Racing is a key part of the company, it is not the most profitable with the bulk of their profit coming from sponsorship payments which earned Red Bull GmBH more than $1 billion last year. The racing team meanwhile recorded a profit of £2 million after tax. Red Bull sold 11.6 billion cans of their energy drink last year and have plenty of sporting ventures alongside their F1 exploits including football, motocross, skateboarding and snowboarding.

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