As Singapore revs up for its fifth Formula One Grand Prix this weekend, Wealth-X, a global ultra high net worth (UHNW) research firm, has released a list of the top 10 ultra wealthy individuals affiliated with motorsport’s premier class.
Finishing in first place on the list is Red Bull chief executive, Dietrich Mateschitz, with a net worth of US$7.8 billion. Mr Mateschitz owns 49 percent of the energy drink company that bears the bull logo on its cans. Renault-powered since 2007, the Red Bull team has won three consecutive Formula One Constructors’ trophies since 2010 with drivers Sebastia...