Toto Wolff Net Worth, Salary, Car Collection, Wife, Biography and Career

Toto Wolff is the mastermind behind one of the turbo-hybrid era’s most successful squads. In Formula 1, Wolff is one of the most important figures as well. The CEO of the Mercedes AMG Petronas Formula 1 Team is Toto Wolff. He is the team principal. Vienna, Austria is his hometown, and he was once a race car driver. Susie Wolff is his wife, and he is 52 years old at the moment.

Biography

Born in Vienna, Austria on January 12, 1972, Toto Wolff was the son of a Romanian father and a Polish mother. Despite his Jewish heritage, he underwent Catholic baptism. Wolff attended the esteemed Lycee Français de Vienne to further his education. His parents split up following his father’s cancer diagnosis. Wolff’s father passed away when he was fifteen years old.

Toto Wolff Wife

Wolff and Susie Wolff are wed; their union occurred in 2011. In addition to being a racing driver, Susie tested cars for Williams F1 in 2015. Currently, Susie serves as the Formula E team principal for Venturi Racing. Jack Wolff, Wolff and Susie’s son, was born in 2017. Wolff reportedly has two children from a prior marriage. The public is not aware of any further information regarding his prior marriage or children.

See also: Hana Rawhiti Husband, Age, Ethnicity Origin, height, Nationality, Net Worth

Career

Toto Wolff began his driving career by competing in multiple championships. But it was his move into the sports industry’s business side that brought him true success. After making an investment in Williams F1, he went on to join Mercedes-AMG Petronas, where he has been a key player in the team’s achievements.

Susie Wolff Net Worth & Salary

As of 2024, Toto Wolff’s estimated net worth is $1.6 billion. In the last few months, his net worth increased. Although Wolff had already achieved billionaire status in March, his net worth was expected to rise due to Mercedes’s sustained success, as he is a significant shareholder in the team.

It is estimated that Toto Wolff makes about $17.5 million a year. Although it’s rumored that Mercedes’ owner saw a sharp decline in pay as a result of the team’s disastrous two years, his position within the organization ensures that he gets paid well to carry on with the outstanding work he has been doing up to this point.

Investment

Wolff established the investment firms Marchfifteen and Marchsixteen. He was a prolific investor. Before expanding to include midsized industrial and listed companies, the companies first concentrated on investing in Internet and technology companies. Aston Martin Lagonda Global Holdings, the German HWA auto racing team, and BRR Rallye Racing, a rally parts dealer, have all made notable investments.

Cars and Houses

Toto Wolff is a real estate tycoon; his renowned Vienna home is but one example of his many properties. Following their marriage, the Wolffs relocated to Monaco, although not much is known about their home or address. Toto Wolff is the proud owner of numerous exotic models, including the Mercedes-Benz 300 SL, in addition to several Mercedes vehicles.

Wolff’s enormous collection of Mercedes vehicles turns his garage into a haven for auto enthusiasts. Apart from the standard German vehicles, Toto Wolff is rumored to own a Maserati GranTurismo and the world’s fastest car, the Bugatti Veyron.

Conclusion

Toto Wolff is a significant owner of the esteemed Mercedes Formula 1 team, and his rise to prominence has been facilitated by the years of success he has shared with the team. Along with being the team’s CEO, Wolff possesses a 33% share in the Mercedes F1 team. Toto Wolff’s team’s spectacular success in raising its net worth made him a billionaire in March 2023. Wolff’s enormous net worth of $1.6 billion is expected to rise if Mercedes can return to its former glory in the highest echelons of motorsports.