{"id":213527,"date":"2024-03-12T05:23:14","date_gmt":"2024-03-12T03:23:14","guid":{"rendered":"https:\/\/ceoworld.biz\/?p=213527"},"modified":"2025-02-20T13:40:49","modified_gmt":"2025-02-20T11:40:49","slug":"richest-billionaires-in-automotive-industry-2024","status":"publish","type":"post","link":"https:\/\/ceoworld.biz\/2024\/03\/12\/richest-billionaires-in-automotive-industry-2024\/","title":{"rendered":"Richest Billionaires in Automotive Industry, 2024"},"content":{"rendered":"<p><strong>As of February 20, 2025, Elon Musk has a net worth of US$396.8 billion, making him the wealthiest person in the automotive industry.<\/strong> Robin Zeng follows in second place with $39.1 billion, and Wang Chuanfu ranks third with $26.7 billion.<\/p>\n<h2 id=\"tablepress-908-name\" class=\"tablepress-table-name tablepress-table-name-id-908\">Richest Billionaires in Automotive Industry, 2024<\/h2>\n\n<table id=\"tablepress-908\" class=\"tablepress tablepress-id-908\" aria-labelledby=\"tablepress-908-name\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><strong>RANK <\/strong><\/th><th class=\"column-2\"><strong> NAME <\/strong><\/th><th class=\"column-3\"><strong>NET WORTH <\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">1<\/td><td class=\"column-2\">Elon Musk<\/td><td class=\"column-3\">$396.8 Billion<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">2<\/td><td class=\"column-2\">Robin Zeng<\/td><td class=\"column-3\">$39.1 Billion<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\">Wang Chuanfu<\/td><td class=\"column-3\">$26.7 Billion<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">4<\/td><td class=\"column-2\">Susanne Klatten<\/td><td class=\"column-3\">$23.1 Billion<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\">Stefan Quandt<\/td><td class=\"column-3\">$22.6 Billion<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">6<\/td><td class=\"column-2\">Lu Xiangyang<\/td><td class=\"column-3\">$20.2 Billion<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">7<\/td><td class=\"column-2\">Ernest Garcia II<\/td><td class=\"column-3\">$19.6 Billion<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">8<\/td><td class=\"column-2\">Huang Shilin<\/td><td class=\"column-3\">$17.9 Billion<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">9<\/td><td class=\"column-2\">Eric Li<\/td><td class=\"column-3\">$17.9 Billion<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">10<\/td><td class=\"column-2\">Shahid Khan<\/td><td class=\"column-3\">$13.5 Billion<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">11<\/td><td class=\"column-2\">Wei Jianjun &amp; family<\/td><td class=\"column-3\">$12.0 Billion<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">12<\/td><td class=\"column-2\">Wu Jianshu<\/td><td class=\"column-3\">$10.4 Billion<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">13<\/td><td class=\"column-2\">Georg Schaeffler<\/td><td class=\"column-3\">$10.4 Billion<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">14<\/td><td class=\"column-2\">Piero Ferrari &amp; family<\/td><td class=\"column-3\">$10.1 Billion<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">15<\/td><td class=\"column-2\">Ernest Garcia, III<\/td><td class=\"column-3\">$8.6 Billion<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">16<\/td><td class=\"column-2\">Vikram Lal &amp; family<\/td><td class=\"column-3\">$8.2 Billion<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">17<\/td><td class=\"column-2\">Dan Friedkin<\/td><td class=\"column-3\">$7.8 Billion<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">18<\/td><td class=\"column-2\">Li Ping<\/td><td class=\"column-3\">$7.5 Billion<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">19<\/td><td class=\"column-2\">Roger Penske<\/td><td class=\"column-3\">$6.7 Billion<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">20<\/td><td class=\"column-2\">Li Xiang<\/td><td class=\"column-3\">$6.1 Billion<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">21<\/td><td class=\"column-2\">Lachhman Das Mittal<\/td><td class=\"column-3\">$5.9 Billion<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">22<\/td><td class=\"column-2\">Mark Shoen<\/td><td class=\"column-3\">$5.3 Billion<\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">23<\/td><td class=\"column-2\">Vivek Chaand Sehgal<\/td><td class=\"column-3\">$5.2 Billion<\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">24<\/td><td class=\"column-2\">Xia Zuoquan<\/td><td class=\"column-3\">$4.9 Billion<\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">25<\/td><td class=\"column-2\">E. Joe Shoen<\/td><td class=\"column-3\">$4.6 Billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-908 from cache -->\n<p>Methodology: The list of the richest people, compiled by CEOWORLD magazine, was created using financial information from various reliable sources such as individuals, families, stock exchanges, private databases, and analysts. Net worth figures are based on both exchange rates and stock prices. The value of private companies was determined using financial ratios and other comparisons with comparable publicly traded companies. In some cases, family fortunes were divided. The editors reserve the right to modify the list in the event of new information.<\/p>\n<p><span style=\"color: #000000;\"><strong>Have you read?<\/strong><\/span><a href=\"https:\/\/ceoworld.biz\/2024\/01\/20\/report-countries-with-the-highest-rates-of-dementia-2024\/\" data-wpel-link=\"internal\" rel=\"follow\"><span style=\"color: #000000;\"><strong><br \/>\n<\/strong><\/span>Report: Countries with the highest rates of Dementia, 2024.<\/a><br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/21\/report-countries-with-the-highest-rates-of-lung-cancer-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Report: Countries with the Highest Rates of Lung Cancer, 2024.<\/a><br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/21\/report-these-are-the-countries-with-universal-health-coverage-programs-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Report: These Are The Countries with Universal Health Coverage Programs, 2024.<\/a><br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/21\/revealed-these-are-the-countries-with-the-highest-death-rates-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Revealed: These Are The Countries with the Highest Death Rates, 2024.<\/a><br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/21\/revealed-the-healthiest-and-unhealthiest-countries-in-the-world-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Revealed: The Healthiest (and Unhealthiest) Countries in the World, 2024.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of February 20, 2025, Elon Musk has a net worth of US$396.8 billion, making him the wealthiest person in the automotive industry. Robin Zeng follows in second place with $39.1 billion, and Wang Chuanfu ranks third with $26.7 billion. Methodology: The list of the richest people, compiled by CEOWORLD magazine, was created using financial [&hellip;]<\/p>\n","protected":false},"author":5603,"featured_media":183425,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27496],"tags":[36198,36207,36222,36244,36295,36457,37230,37235],"class_list":["post-213527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-strategy","tag-chief-delivery-officer-insider","tag-chief-information-security-officer-insider","tag-chief-research-and-development-officer-insider","tag-chief-financial-officer-insider","tag-corporate-executives-insider","tag-wealth-insider","tag-chief-equity-officer-insider","tag-chief-agility-officer-insider"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Richest Billionaires in Automotive Industry, 2024 - CEOWORLD magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ceoworld.biz\/2024\/03\/12\/richest-billionaires-in-automotive-industry-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Richest Billionaires in Automotive Industry, 2024 - CEOWORLD magazine\" \/>\n<meta property=\"og:description\" content=\"As of February 20, 2025, Elon Musk has a net worth of US$396.8 billion, making him the wealthiest person in the automotive industry. Robin Zeng follows in second place with $39.1 billion, and Wang Chuanfu ranks third with $26.7 billion. 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