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Red Bull billionaire loses bid for medieval hunting estate

Red Bull billionaire loses bid for medieval hunting estate
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Red Bull billionaire loses bid for medieval hunting estate

Pink Bull billionaire loses bid for medieval looking property

Dietrich Mateschitz

The billionaire proprietor of Pink Bull misplaced his bid for an enormous Austrian looking property to a fellow countryman.

Dietrich Mateschitz was outspent by Austrian Rene Benko, who ponied up $35.8 million for 1,300 hectares of property within the nation’s Styria province. The property options massive swaths of forest, and is dwelling to a small chapel and inn constructed within the 1300s, Bloomberg reported (paywall).

“It’s a gorgeous plot of land with a really lengthy custom and traditionally precious buildings,” Benko advised Bloomberg in an interview. “We’re planning to renovate the constructing ensemble, and for us it’s a great way to diversify our portfolio.”

It’s a high-profile loss for Mateschitz, who’s Austria’s richest man and has bought many properties within the space.

Benko, in the meantime, is healthier identified for investing lots of of hundreds of thousands of euros renovating historic buildings in Vienna, in accordance with the report.

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