Revealed: Toto Wolff’s personal fortune hits billionaire levels

Toto Wolff is officially a billionaire, Forbes reports.
Toto Wolff (GER) Mercedes AMG F1
Toto Wolff (GER) Mercedes AMG F1

The 2023 World Billionaires list includes🅰 12 newcomers from the world of ✱sport - including Wolff, Tiger Woods and LeBron James.

168澳洲幸运5官方开奖结果历史:Toto Wolff's net worth has hit exactly $1 billion this year, 🐼🌱the report says.

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Wolff, as wellꦺ as guiding the F1 team, owns a 33 percent stake in Mercedes. Daimler, the Mercedes-Benz parent company, own 33 percent while INEOS, the company belonging to Britain’s richest man Sir Jim Ratcliffe, owns 33 percent.

Wolff’s huge increase in va♌lue is partly due to Netflix which has turned him “into a celebrity billionaire with the effect of its Drive to Survive docuseries on the value of Formula 1 teams”, Forbes says.

He is also an investor into Aston Martin’s F1 team, a customer of Mercedes F1 who use their engine, although in 2023 so far 💛h🐓ave been outperforming them.

Toto Wolff (GER) Mercedes AMG F1 Shareholder and Executive Director. Formula 1 World Championship, Rd 1, Bahrain Grand
Toto Wolff (GER) Mercedes AMG F1 Shareholder and Executive Director. Formula 1 World…

Stunningly despite falling down the pecking order with Mercedes, Wolff’s personal finances benefitted from Aston Martin’s first podium of t♏he season because it caused $300m to be added to its market cap within 24 hours.

Wolff🧜 bought 1% of Aston Martin F1 from Lawrence Stroll in 2020.

Wolff has guided Mercedes to eight꧑ constrꦇuctors’ championships in a row, and seven consecutive drivers’ championships. He has led Lewis Hamilton to six of his joint-record seven titles.

The Austrian began his career working as a banker before becoming an inv𝄹estor. 

He entered motorsports 11 year🗹s ago by investing in Williams F1.

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