Red Bull Founder Starting New Conservative Media OutletChris Menahan
Apr. 26, 2017
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Red Bull founder and Austria's richest man Dietrich Mateschitz is reportedly starting new right-wing, German-language media outlet many are comparing to Breitbart News.
Mateschitz made headlines earlier this month for criticizing mass immigration, which he said was causing the "destabilisation of Europe" and threatening the "uniqueness of [the continent's] diversity and individuality with its different cultures and languages."
From Resident Advisor:
A spokesperson from Red Bull told Artnet that the outlet will be funded by a private foundation called Quo Vadis Veritas, meaning it will operate separately from both Red Bull and his TV station, Servus TV. But Der Standard reports that the only benefactors listed in its commercial register are Mateschitz and Servus Medien GmbH, which is run by the Red Bull Media House, the company's media and publishing arm.Mateschitz's net worth is $14.8 billion. Could he become the anti-George Soros the right desperately needs?
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