Red Bull founder Dietrich Mateschitz dies at 78

Vienna: Red Bull founder Dietrich Mateschitz, who made the energy drink a global phenomenon and forged a title-winning Formula One team and a sports empire, died on Saturday aged 78, the company said. Red Bull founder Dietrich Mateschitz Red Bull expressed both its “sadness” at the Austrian billionaire’s death and “gratitude for what he accomplished.” Mateschitz, a reclusive man who rarely gave interviews, took a sweet drink that was already popular in Asia and adapted it for the Western market with huge success. He was named as Austria’s richest person by Forbes in 2022 with an estimated net worth of…