Wealthiest People in the Car Industry!


There are big bucks in the automotive business! Yes, we are talking about money. According to Forbes magazine, there are many billionaires in the world, and about 25 made most of their money in the car business! Fun fact: 3 car dealers made it to the Forbes super-rich list, namely; Norman Braman, Red McCombs and Tom Benson.

Photo Source:   Forbes

Photo Source: Forbes

Shahid Khan on the front cover of Forbes magazine

Photo Source:   E-cell

Photo Source: E-cell

Elon Musk (CEO, Tesla Motors)
The late William Clay Ford Sr, the youngest child of Edsel Ford of Ford Motor Company, is on the billionaire registry. Shahid Khan, a Pakistani-American billionaire made his fortune in the automobile parts industry and is featured on the front cover of Forbes magazine in 2012. Not forgetting, we also have Elon Musk of Tesla Motors, who made a huge impact in the automotive scene by introducing electric vehicles into the market. His current net worth? $17 Billion as per real time.

Photo Source:   Bloomberg

Photo Source: Bloomberg

Billionaire, Wei Jianjun (Great Wall Motor)
Do Asians chart the list? Definitely! Some of the Chinese Billionaires includes; Wei Jianjun (Chairman of Great Wall Motor) and Li Shufu of Geely-Volvo. Geely is a Chinese multinational automotive manufacturing company and Volvo is under its belt. Apart from that, Korean Chung Eui-Sun of Hyundai Motor also tops the chart and is under the Forbes list.

Photo Source:   Want To Be Rich

Photo Source: Want To Be Rich

Susanne Klatten of BMW
However, there are bigger players out there, and one of them is a woman in the automotive field. Clocking in at $22 Billion net worth, Susanne Klatten is the richest woman in Germany. She inherited a stake in BMW from her late father, Herbert Quandt. Speaking of women in the industry, Mary Barra of General Motors is the world’s top-paid CEO. She is also the first CEO of a global major automaker.

Dan Friedkin, an American billionaire and CEO of Gulf States Toyota distributor has a net worth of $3.3 Billion according to Forbes.com. He also owns one of the largest collections of vintage military war planes.

Than being said, anyone can become who they want to be! Dare to pursue your dreams. Now, who says you can’t earn much in this industry? The automotive industry is definitely a blessing in disguise.