There are some known names and some not so known too however, all of these are eminent personalities in the industry.
If we step back by a few decades, automobile was considered a luxury that only a few, crème de la crème of the society possessed. Gradually, with several economic policies changing, increase in FDI, increase in disposable income, brands offering consumer centric vehicles and offers an several other factors, automobile became an affordable asset among several classes and demographies.
With this revolution, did you ever take a look and how deeply it filled the pockets of the automobile disruptors?
Constantly bringing new innovations, designs and keeping huge capital at stake, carmakers have done all possible permutations and combinations and brought a car to even the remotest households.
Deservedly, this has pushed them up the ladder of the World’s Richest people. Let’s have a look at Top 20 Richest people of the automotive industry:
1. Bill Gates
Company: AutoNation Inc.
Stake Value: $914,554,258
Percent of Total Net Worth: .9%
Total Wealth: $105 billion
Location: Fort Lauderdale, Fla.
Segment: Car dealers
2. Larry Ellison
Company: Tesla Inc.
Stake Value: $730,773,000 to $1 billion
Percent of Total Net Worth: 1.3%
Total Wealth: $58.5 billion
Location: Palo Alto, Calif.
Segment: Passenger vehicles
3. Elon Musk
Company: Tesla Inc.
Stake Value: $8,307,076,693
Percent of Total Net Worth: 36.9%
Total Wealth: $22.9 billion
Location: Palo Alto, Calif.
Segment: Passenger vehicles
4. Pallonji Mistry
Company: Tata Motors Ltd.
Stake Value: $302,722,710
Percent of Total Net Worth: 1.5%
Total Wealth: $19.7 billion
Location: Mumbai
Segment: Passenger vehicles
5. Susanne Klatten
Company: BMW AG
Stake Value: $8,763,327,399
Percent of Total Net Worth: 47.8%
Total Wealth: $18 billion
Location: Munich
Segment: Passenger vehicles
6. Stefan Quandt
Company: BMW AG
Stake Value: $10,817,887,438
Percent of Total Net Worth: 72.2%
Total Wealth: $14.8 billion
Location: Munich
Segment: Passenger vehicles
7. Li Shu Fu
Company No. 1: Geely Automobile Holdings Ltd.
Stake Value: $38,988,918
Percent of Total Net Worth: .4%
Location: Hangzhou, China
Segment: Passenger Vehicles
8. Georg Schaeffler
Company No. 1: Continental AG
Stake Value: $9,494,765,020
Percent of Total Net Worth: 110.4%*
Location: Hanover, Germany
Segment: Auto parts
9. Blair Parry-Okeden
Company: Cox Automotive
Stake Value: $1,738,541,209
Percent of Total Net Worth: 21.6%
Total Wealth: $7.84 billion
Location: Atlanta
Segment: Automotive services
10. James Kennedy
Company: Cox Automotive
Stake Value: $1,738,541,209
Percent of Total Net Worth: 21.6%
Total Wealth: $7.84 billion
Location: Atlanta
Segment: Automotive services
11. James Pattison
Company: James Pattison Group
Stake Value: $48,327,817
Percent of Total Net Worth: .8%
Total Wealth: $6.35 billion
Location: Vancouver
Segment: Car dealers
12. Ernie Garcia
Company No. 1: Carvana Co.
Stake Value: $4,060,262,827
Percent of Total Net Worth: 67.4%
Location: Tempe, Ariz.
Segment: Used car dealers
13. Hiroshi Mikitani
Company: Trust Co Ltd.
Stake Value: $234,488
Percent of Total Net Worth: Negligible
Total Wealth: $5.87 billion
Location: Nagoya, Japan
Segment: Automotive retail
14. Margaretta Taylor
Company: Cox Automotive
Stake Value: $1,150,111,876
Percent of Total Net Worth: 21.6%
Total Wealth: $5.18 billion
Location: Atlanta
Segment: Automotive services
15. James Cox Chambers
Company: Cox Automotive
Stake Value: $1,150,111,876
Percent of Total Net Worth: 21.6%
Total Wealth: $5.18 billion
Location: Atlanta
Segment: Automotive services
16. Katharine Rayner
Company: Cox Automotive
Stake Value: $1,150,111,876
Percent of Total Net Worth: 21.6%
Total Wealth: $5.18 billion
Location: Atlanta
Segment: Automotive services
17. Quek Leng Chan
Company No. 1: Hong Leong Asia Ltd.
Stake Value: $5,103,369
Percent of Total Net Worth: .1%
Location: Kuala Lumpur
Segment: Auto parts
18. Rahul Bajaj
Company No. 1: Bajaj Finance Ltd.
Stake Value: $586,320,006
Percent of Total Net Worth: 12.4%
Location: Pune, India
Segment: Auto financing
19. Chung Mong-Koo
Company No. 1: Hyundai Motor Co.
Stake Value: $1,269,429,178
Percent of Total Net Worth: 27.9%
Location: Seoul
Segment: Passenger vehicles
Company No. 2: Hyundai Mobis Co.
Stake Value: $1,408,455,597
Percent of Total Net Worth: 30.9%
Total Wealth: $4.5 billion
Location: Seoul
Segment: Automotive technolog
20. Wang Chuan-Fu
Company: BYD Co.
Stake Value: $3,522,094,647
Percent of Total Net Worth: 82.4%
Location: Shenzhen, China
Segment: Passenger vehicles
