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  1. Jul 19, 2023 · Forbes now estimates Wolff is worth $1.6 billion, up from his previous mark of $1 billion in March. That increase comes because Mercedes F1, the second-most-valuable team on the grid, is now...

    • Toto Wolff

      $0.22M (0.01%) Real Time Net Worth. as of 10/11/24. #2112 in...

    • Toto Wolff: Life Before F1
    • Toto Wolff: Buys Shares in Williams
    • Toto Wolff: Joining Mercedes and Building A Dynasty
    • Toto Wolff: Investments in Other Business Ventures
    • Toto Wolff Net Worth: How Much Is The Mercedes F1 Boss Worth?
    • Toto Wolff Wife and Children

    Toto Wolff was born in Vienna in 1972 and began his own motorsport career in the Austrian Formula Ford Championship aged 20, before competing in the German and Austrian Formula Ford categories in the 1993 and 1994 seasons. Wolff won the 24 Hours Nurburgring in his class in 1994, before later turning his attention to GT racing in the early 2000s alo...

    In 2009, Wolff made his way into Formula 1 when he bought a 16% stake in the Williams team, where he joined its board of directors and subsequently became executive director. He was at the team for their last race win to date, when Pastor Maldonado took the chequered flag in Barcelona in 2012, before he was approached by Mercedes and asked to lead ...

    A part of Wolff’s move to Mercedes included him purchasing a stake in the team, with the Austrian buying 30% of the team’s shares and being given overall control of the day-to-day running of the Silver Arrows. The start of the turbo hybrid era of regulations in 2014 was a sweeping change to how Formula 1 would operate, and offered much more of a ‘b...

    Outside of motorsport, Wolff set up two investment firms in 1998 and 2004 respectively, named Marchfifteen and Marchsixteen, which focus on strategic investment ventures in medium-sized and listed industrial companies, which have included a 49% purchase of HWA AG, which manufactures parts for Mercedes in their AMG performance division and ran the M...

    As of April 2023, Wolff was listed on business magazine Forbes’list of Sports Billionaires for the first time, having crossed the reported $1billion threshold of his reported total net worth. This grew even further in 2024 to a reported $1.6bn (£1.27bn), as a result of Mercedes’ continued growth as a company. The significant growth in the value of ...

    Wolff has been married to his wife, Susie, since 2011, herself a high-profile figure in motorsport in her own right – having been a test driver for Williams for four years, taking part in free practice at four Formula 1 weekends in 2014 and 2015 and having been a mainstay on the grid in DTM beforehand. Susie Wolff was also the first ever female dri...

  2. en.wikipedia.org › wiki › Toto_WolffToto Wolff - Wikipedia

    Toto Wolff. Torger Christian " Toto " Wolff[1] (German pronunciation: [volf], born 12 January 1972) is an Austrian billionaire motorsport executive, [2] investor and former racing driver. He holds a 33% [3] stake in the Mercedes-AMG Petronas F1 Team and is Team Principal and CEO of the team.

  3. www.forbes.com › profile › toto-wolffToto Wolff - Forbes

    5 days ago · $0.22M (0.01%) Real Time Net Worth. as of 10/11/24. #2112 in the world today. Photo by Courtesy Toto Wolff. From the Editor. Toto Wolff is team principal and CEO of the Mercedes-AMG Petronas...

  4. Apr 3, 2024 · Mercedes F1 team principal Toto Wolff has cemented his position as a billionaire after seeing his net worth skyrocket. The 52-year-old Austrian was declared a billionaire for the first time...

  5. Apr 3, 2024 · His 33.3 percent share is matched by Daimler (the company who own Mercedes-Benz) and Ineos (a company owned by Sir Jim Ratcliffe, who is one of Britain’s richest men and is personally worth a...

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  7. Oct 2, 2022 · Toto Wolff’s salary is $26 million a year for his position as CEO and Team Principal of the Mercedes-AMG Petronas F1 Team. Although Toto Wolff is the 33% stakeholder of Mercedes-AMG Petronas Formula 1 Team, he also earns an annual salary through his services by being the Team Principal.

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