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 worl🍌d 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 eꦫxactl𒉰y $1 billion this year, the report says.

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Wolff, as well 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 value is partly due to Netflix which has turned him “ꦗinto 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, alt🍸hough in 2023 so far🐠 have 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 Meꦆrcedes, Wolff’s personal finances benefitte🐟d from Aston Martin’s first podium of the season because it caused $300m to be added to its market cap within 24 hours.

Wolff bought 1% of Aston Martin F1 ꧙from Lawrence Stroll in 2020.

Wolff has guided Mercedes to eight constructors’ championships in a row, and seven consecutive drivers’ championships. He has led Lewis Hamilton to six of his joint-record seve♌n titles.

T𓃲he Austrian began his career working as a banker before becoming an investor. 

He ent෴ered motorsports 11 years ago by investing in Willia🎐ms F1.

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