The Mercedes-AMG Petronas F1 Team’s CEO, Toto Wolff is an Austrian motorsport executive, investor, and former racer. As of 2022, the estimated value of Toto Wolff net worth is $500 million.
| Full Name | Torger Christian “Toto” Wolff |
| Birth Date | January 12, 1972 |
| Birth Place | Vienna, Austria |
| Source of Wealth | Business / Investing |
| Relationship Status | Susie Wolff |
| Height | 6 ft. 5 in. / 196 cm. |
| Net Worth | $500 Million |
Early Life
A Polish mother and a Romanian father gave birth to Torger Christian “Toto” Wolff in Vienna, Austria, in January 1972. Sadly, when Toto was eight years old, his father was given a brain cancer diagnosis; he passed away a few years later. His mother was a doctor. Lycée Français de Vienne is a renowned French school in Vienna that Toto attended while growing up in the city. After his father passed away when he was 17 years old, Toto traveled with a buddy to watch him race at the German Nürburgring track. This piqued his interest in the sport in a formal way.
Toto Wolff Net Worth and Career
Wolff entered the 1992 Austrian Formula Ford Championship, which marked the start of his career in racing. He spent his first three years as a Formula Ford driver in Germany and Austria. However, Wolff’s career in racing was quite brief. He claims that running out of money when sponsors quit supporting him and observing the younger, more capable drivers led him to decide to give up driving.
In 2009, Wolff started to amass a sizable fortune. He joined the board of directors that year and acquired stock in the Williams Formula One Team. A few years later, he received the executive director position at Williams F1. He departed nevertheless soon after to take a position as executive director for the Mercedes AMG Petronas Formula One Team. Of note, he also bought a 30% stake in Mercedes-Benz Grand Prix Ltd.Wolff assumed control of all Mercedes-Benz motorsport-related activities concurrently with that acquisition. Toto renewed his agreement with Mercedes in 2020 to serve as team principal and CEO at least through 2023. According to reports, Wolff makes about $8 million a year from this position.
Other Ventures (Toto Wolff Net Worth)
Over the years, the former racer has dabbled in several other industries. His first ventures were two investment firms called Marchfifteen (established in 1998) and Marchsixteen (formed in 2016). (2004). They have made investments in mid-sized industrial and listed businesses ever since the start of the millennium. Notably, they made an investment in the German business HWA AG, in which Wolff subsequently acquired a 49 percent share.
He is also a co-owner of a sports management firm. Wolff really invested 4.95 percent of his money in Aston Martin Lagonda Global Holdings plc in April 2020. Wolff’s position as vice-chairman of the Mary Bendet Foundation, which seeks to enhance the quality of life for disadvantaged kids, is commendable. Wolff also served as the CEO and Director of the Mercedes EQ Formula E Team for multiple years.
Toto Wolff Instagram and Twitter
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Wolff now has 41,900 followers on his Instagram account. Susie, the investor’s wife, has a staggering 490,000 Facebook fans and 190,200 Twitter followers to go along with that. Toto is a member of just one site, however—Instagram.
Toto Wolff Net Worth
Over the previous few decades, Toto Wolff has accumulated a $500 million net worth. His businesses and concomitant investments made after he stopped competing as a race driver account for the great majority of his wealth. Wolff is a verified billionaire if utilizing the Swiss franc as well (1.25). Even yet, he is incredibly wealthy as expressed in US dollars.
Toto Wolff FAQ
How tall is Toto Wolff?
Approximately six feet five inches tall and weighing 190 pounds, Wolff towers. To put it another way, the executive’s height is around 196 centimeters, and he weighs something in the range of 86 kilos.
How old is Toto Wolff?
The former racer observes his birthday on January 12 each year. Wolff, who was born in 1972, recently turned 50.
How much is Toto Wolff worth?
A very amazing half a billion dollars is thought to be the investor’s net worth. As the team principal of Mercedes AMG Petronas Racing, he reportedly earns an additional $8 million yearly, according to reports.
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