Yoovidhya family on Forbes Lists
#4 Thailand's 50 Richest (2013)
Red Bull cofounder Chaleo died in March 2012, leaving his heirs a vast estate based on his 49% stake in iconic drinks brand, as well as interests in hospitals, real estate and sports teams. Though final asset distribution isn't expected until next year, the estate will likely be divvied up among his 10 children and many grandchildren, several of whom are involved in the business; his son Saravoot is Red Bull Thailand's managing director. More »
More On Forbes
Security Software Entrepreneur Joins China's Billionaire Ranks
Lin Hao, chairman of Beijing VRV Software, has joined the ranks of the world’s billionaires following record gains in the share price of the Shenzhen-listed security software company.
Lin owns 49% of VRV, a stake worth more than $1 billion at yesterday’s closing price of 51.8 yuan after discounting for collateralized shares. read »
Russell Flannery Russell Flannery, Forbes Staff
F1 Reveals That It Sponsors Young Drivers
Formula One auto racing has revealed that it sponsors the careers of junior drivers to grow the popularity of the series in key markets write Kate Hewitt and Christian Sylt.
Although it is not known how many drivers have benefited from this sponsorship, or who they are, it is undoubtedly in the best interests of F1 as it develops new read »
Yoovidhya family on Forbes Lists
#4 Thailand's 50 Richest (2013)
Red Bull cofounder Chaleo died in March 2012, leaving his heirs a vast estate based on his 49% stake in iconic drinks brand, as well as interests in hospitals, real estate and sports teams. Though final asset distribution isn't expected until next year, the estate will likely be divvied up among his 10 children and many grandchildren, several of whom are involved in the business; his son Saravoot is Red Bull Thailand's managing director. More »
More On Forbes
Security Software Entrepreneur Joins China's Billionaire Ranks
Lin Hao, chairman of Beijing VRV Software, has joined the ranks of the world’s billionaires following record gains in the share price of the Shenzhen-listed security software company.
Lin owns 49% of VRV, a stake worth more than $1 billion at yesterday’s closing price of 51.8 yuan after discounting for collateralized shares. read »
Russell Flannery Russell Flannery, Forbes Staff
F1 Reveals That It Sponsors Young Drivers
Formula One auto racing has revealed that it sponsors the careers of junior drivers to grow the popularity of the series in key markets write Kate Hewitt and Christian Sylt.
Although it is not known how many drivers have benefited from this sponsorship, or who they are, it is undoubtedly in the best interests of F1 as it develops new read »
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