In the statement made by Red Bull, it was announced that Mateschitz, who is considered to be the richest business person in Austria, passed away.
“The prevailing emotion right now is a deep sadness, but this emotion will eventually be replaced by gratitude for what Mateschitz has accomplished, mobilized and made possible change in the lives of many,” the statement said.
The Austrian businessman, who achieved serious success around the world with the Red Bull brand, was also known for his investments in various sports branches, especially Formula 1, and his successes in the media and construction sector.
While no explanation was given regarding the cause of Mateschitz’s death, it is claimed that the businessman died due to pancreatic cancer in the news in the country’s press.
(AA)