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| 4 minutes read

4 minutes read

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

| Published on October 15, 2019

1. Bill Gates

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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