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Fortune
Fortune
Chloe Taylor

This 30-year-old just became Europe’s wealthiest millennial after inheriting half the Red Bull empire

Mark Mateschitz seen at an event in Spielberg, Austria. (Credit: Manfred Noger—ATPImages/Getty Images)

Red Bull gives you wings—and in the case of its new 30-year-old co-owner, it also grants the title of Europe’s wealthiest millennial.

Austrian citizen Mark Mateschitz recently inherited a 49% stake in the company from his father, Dietrich, who created the multibillion-dollar Red Bull empire in the 1980s and passed away at age 78 three weeks ago.

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