Early Life
Mark Mateschitz was born in Salzburg, Austria, in May 1992. He is the only child of Dietrich Mateschitz, the co-founder of Red Bull, and Anita Gerhardter. During his early life, he kept a low profile and used his mother's surname, Gerhardter, before adopting his father's name in his professional life. He attended high school in Salzburg and studied business administration at the Salzburg University of Applied Sciences.
Rise to Success
Mark Mateschitz's rise to prominence is largely attributed to his inheritance of a 49% stake in Red Bull GmbH following his father's death in October 2022. This inheritance made him one of Europe's youngest billionaires.
Key Business Strategies
After completing his studies, he launched his own drinks company, Thalheimer Heilwasser GmbH, in 2018, which produces beer and lemonade. He also served on the board of the Red Bull-backed Wings for Life Foundation, which funds spinal cord research. In 2025, he acquired a collection of grand prix and Formula One racing cars established by Bernie Ecclestone for £500 million. Mark stepped down as an employee of Red Bull to focus on his role as a shareholder. In June 2025, Mark Mateschitz transferred 2% of his Red Bull shares to a trustee in Switzerland.
Philanthropy
Mark Mateschitz is involved with the Red Bull Wings for Life Foundation, which supports spinal cord research.