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List Of World’s 20 Richest People In The Auto Industry. 2 Are Indians

Rinie Wilson by Rinie Wilson
October 15, 2019
in Automobile, What’s Buzzing
A A

1. Bill Gates

Image result for Bill Gates

William Henry Gates III is an American business magnate, investor, author, philanthropist, and humanitarian. He is best known as the principal founder of the Microsoft Corporation.

Company: AutoNation Inc.

Stake Value: $914,554,258

Percent of Total Net Worth: .9%

Total Wealth: $105 billion

2. Larry Ellison

Image result for Larry Ellison

Although he is the company’s second-largest shareholder, Ellison’s recently announced stake in Tesla is not the primary source of his wealth.

Company: Tesla Inc.

Stake Value: $730,773,000 to $1 billion

Percent of Total Net Worth: 1.3%

Total Wealth: $58.5 billion

3. Elon Musk

Image result for Elon Musk

Musk has always been a polarizing figure, garnering acclaim for his visionary leadership and criticism for failing to meet deadlines and engaging in public disputes.

Company: Tesla Inc.

Stake Value: $8,307,076,693

Percent of Total Net Worth: 36.9%

Total Wealth: $22.9 billion

4. Pallonji Mistry

Image result for Pallonji Mistry

Pallonji Shapoorji Mistry is an Indian billionaire construction tycoon and chairman of Shapoorji Pallonji Group.

Company: Tata Motors Ltd.

Stake Value: $302,722,710

Percent of Total Net Worth: 1.5%

Total Wealth: $19.7 billion

5. Susanne Klatten

Image result for Susanne Klatten

Susanne Klatten inherited her wealth from her father, German industrialist Herbert Quandt, who turned BMW from a struggling carmaker into one of the world’s largest manufacturers of luxury vehicles.

Company: BMW AG

Stake Value: $8,763,327,399

Percent of Total Net Worth: 47.8%

Total Wealth: $18 billion

6. Stefan Quandt

Image result for Stefan Quandt

 

Quandt, 53, holds substantial stakes outside the family business, including homeopathic medicine company Biologische Heilmittel Heel.

Company: BMW AG

Stake Value: $10,817,887,438

Percent of Total Net Worth: 72.2%

Total Wealth: $14.8 billion

7. Li Shu Fu

Image result for Li Shu Fu

Li, 56, is the founder of Zhejiang Geely Holding Group, a maker of cars and related components, though he started his career manufacturing refrigerators.

Company No. 1: Geely Automobile Holdings Ltd.

Stake Value: $38,988,918

Percent of Total Net Worth: .4%

Company No. 2: Zhejiang Geely Holding Group

Stake Value: $10,520,321,446

Percent of Total Net Worth: 99.9%

Total Wealth: $10.6 billion

8. Georg Schaeffler

Image result for Georg Schaeffler

Schaeffler, 54, is chairman and majority owner of Schaeffler AG, which makes ball bearings and other automotive supplies.

Company No. 1: Continental AG

Stake Value: $9,494,765,020

Percent of Total Net Worth: 110.4%*

9. Blair Parry-Okeden

Image result for Blair Parry-Okeden

Parry-Okeden, 69, is the granddaughter of James Cox, who founded Cox Enterprises in 1898.

Company: Cox Automotive

Stake Value: $1,738,541,209

Percent of Total Net Worth: 21.6%

Total Wealth: $7.84 billion

10. James Kennedy

Image result for james kennedy cox

An avid cyclist and hunter, Kennedy, 68, is the chairman of Cox Enterprises.

Company: Cox Automotive

Stake Value: $1,738,541,209

Percent of Total Net Worth: 21.6%

Total Wealth: $7.84 billion

11. James Pattison

Image result for James Pattison Group

Pattison’s company is the largest car dealer in western Canada. It also publishes the Guinness World Records standings.

Company: James Pattison Group

Stake Value: $48,327,817

Percent of Total Net Worth: .8%

Total Wealth: $6.35 billion

12. Ernie Garcia

Image result for Ernie Garcia

Garcia, 62, is the largest shareholder of Carvana, but his son, Ernie III, runs the business.

Company No. 1: Carvana Co.

Stake Value: $4,060,262,827

Percent of Total Net Worth: 67.4%

Company No. 2: DriveTime

Stake Value: $1,005,999,251

Percent of Total Net Worth: 16.7%

Total Wealth: $4.93 billion

13. Hiroshi Mikitani

Image result for Hiroshi Mikitani

Mikitani, 54, amassed the bulk of his wealth after he founded Rakuten, Japan’s largest cybermall, which boasts more than 1.2 billion users worldwide.

Company: Trust Co Ltd.

Stake Value: $234,488

Percent of Total Net Worth: Negligible

Total Wealth: $5.87 billion

14. Margaretta Taylor

Image result for Margaretta Taylor

She is the granddaughter of James Cox and the cousin of James Kennedy, who runs Cox Enterprises.

Company: Cox Automotive

Stake Value: $1,150,111,876

Percent of Total Net Worth: 21.6%

Total Wealth: $5.18 billion

15. James Cox Chambers

Chambers, 62, is the cousin of James Kennedy, who runs Cox Enterprises. He owns 16% of the company.

Company: Cox Automotive

Stake Value: $1,150,111,876

Percent of Total Net Worth: 21.6%

Total Wealth: $5.18 billion

16. Katharine Rayner

Image result for Katharine Rayner

Rayner, 74, is the granddaughter of company founder James Cox.

Company: Cox Automotive

Stake Value: $1,150,111,876

Percent of Total Net Worth: 21.6%

Total Wealth: $5.18 billion

17. Quek Leng Chan

Image result for Quek Leng Chan

He has interests in almost a dozen public companies.

Company No. 1: Hong Leong Asia Ltd.

Stake Value: $5,103,369

Percent of Total Net Worth: .1%

Company No. 2: Hong Leong Industries Bhd.

Stake Value: $291,110,648

Percent of Total Net Worth: 5.5%

Total Wealth: $5.27 billion

18. Rahul Bajaj

Image result for Rahul Bajaj

He is the chairman of the world’s largest maker of three-wheeled motorcycles.

Company No. 1: Bajaj Finance Ltd.

Stake Value: $586,320,006

Percent of Total Net Worth: 12.4%

Company No. 2: Bajaj Auto Ltd.

Stake Value: $1,208,532,867

Percent of Total Net Worth: 25.5%

Total Wealth: $5.2 billion

19. Chung Mong-Koo

Image result for Chung Mong-Koo

Chung is the chairman of Hyundai Motor Group.

Company No. 1: Hyundai Motor Co.

Stake Value: $1,269,429,178

Percent of Total Net Worth: 27.9%

Company No. 2: Hyundai Mobis Co.

Stake Value: $1,408,455,597

Percent of Total Net Worth: 30.9%

Total Wealth: $4.5 billion

20 Wang Chuan-Fu

Image result for Wang Chuan-Fu

Wang is the founder and largest shareholder of BYD. The company makes cars, buses, and other goods, including cell phone batteries.

Company: BYD Co.

Stake Value: $3,522,094,647

Percent of Total Net Worth: 82.4%

Company: BYD Co Ltd.

Stake Value: $4,993,622

Percent of Total Net Worth: .1%

Total Wealth: $4.11 billion

 

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