Boss gives ALL his employees £2,600 bonuses & pay rises as he shells out £6million to help them beat inflation
EUROPE'S richest millennial, Red Bull tycoon Mark Mateschitz, is to give all staff in the Red Bull empire a special bonus.
Thousands of Red Bull employees are set to receive a hefty bonus just in time for the start of holiday season.
Mateschitz will award company employees in Austria with a whopping £2,614 bonus by the end of October.
The lucky employees received an e-mail saying: " I am pleased to be able to inform you that this year, as well as a percentage increase in salary from 2024, everyone working in Austria will also be granted a voluntary one-off payment to compensate for inflation in 2023."
It comes as Red Bull has had a killer year - with a 24 per cent sales increase and profit of £8.4billion.
Dietrich Mateschitz is one of Europe's newest billionaires and was even listed by Forbes as the world's 37th richest person.
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He had inherited a 49 per cent stake in the energy drink company when his father Dietrich died aged 78 in October 2022.
Another businessman shelled out a whopping £400,000 to treat his team to luxury holidays.
Mark Neilson, 35, says he would rather splash the cash to reward hard work than see it collecting interest in a bank account.
And he reckons it will pay off in the long run because his workers will be more motivated and therefore earn more money for his life insurance agency.
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This year alone, Mark shelled out £82,000 sending 50 people to Iceland, treated dozens of people to a five-star stay in Cancun and handed out £62,000 in cash bonuses.
In 2022, the "UK's best boss ever" filmed the moment he surprised his entire team with a £7,000 trip to Ibiza, covering all costs and even throwing in Calvin Harris tickets.
The 34-year-old wanted to celebrate with his staff after the best quarter ever since his personal branding start-up, , began in 2018.
So the generous employer forked out an eye-watering £7,000 on the sun-soaked destination, a Spanish island known for its electric nightlife and stunning scenery.