Forbes published a personal wealth assessment of Mercedes CEO Toto Wolff, naming him the richest among them.
According to Forbes, Toto’s fortune grew by $600 million in 2024 alone thanks to the increase in the value of his stake in the team. Wolff’s total personal wealth is now estimated at $1.6 billion, making him the richest Formula 1 team boss.
In second place is the head of the champion Red Bull Racing, Christian Horner. His fortune is estimated to be tens of times less than Wolff’s, amounting to a “modest” $50 million.
Third place on the list of millionaire executives is shared by Williams boss James Vowles and Alessandro Alunni Bravi, whose position at Sauber is called ‘team representative’. Both are worth an estimated $5 million.
Ferrari CEO Frederic Vasseur’s net worth is $3 million. McLaren team principal Andrea Stella’s fortune is half that: $1.5 million. Aston Martin CEO Mike Krak has a net worth of $1 million.
The status of Haas principal Ayo Komatsu, RB Laurent Mekies and Alpine Oliver Oakes is unknown.
Source: F1 News
I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.
