Comment on Fugitive's trail exposes Red Bull co-owners' offshore deals

Fugitive's trail exposes Red Bull co-owners' offshore deals

The Bangkok billionaire family that co-founded Red Bull, the world's leading energy drink, uses offshore companies to cloak purchases of jets and luxury properties, including the posh London home where the clan's fugitive son was last seen. The Yoovidhya family's efforts to hide assets show how easily major global financial players can routinely — and, usually, legally — move billions of dollars with little or no oversight. The family's confidential deals were inadvertently exposed by the jet-setting son Vorayuth "Boss" Yoovidhya, who attracted cries of impunity after repeatedly failing to show up in court for allegedly racing away in his Ferrari after slamming into a motorcycle cop in a deadly hit-and-run.Read more on NewsOK.com

 

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