Toto Wolff Net Worth 2024 (Forbes): Salary, assets and cars

Austrian CEO and investor Toto Wolff’s estimated Net Worth is $540 million. Toto Wolff, a prominent Austrian figure in the motorsport industry, is both an investor and Principal/CEO of the Mercedes-AMG Petronas F1 Team. His significant 33% stake in the team reflects his vital role in the team’s success. Check Toto Wolff’s Income, Income, Cars, House, Personal Life and Income Sources.

Toto Wolff Net Worth

Net worth 540 million USD
Annual income 45 million USD
Monthly income 4 million USD
Salary from Mercedes 26 million USD
Asset 370 million USD
Invest 140 million USD
Loans and liabilities 41 million USD

Toto Wolff’s salary

Even though Toto Wolff is a co-owner of the Mercedes F1 team, he still earns a salary for his work as team boss. Toto Wolff earns a fixed annual salary of $26 million from Mercedes. In addition, Toto Wolff is also eligible to count based on performance, based on Team wins, championships, etc.

For every point that a Mercedes driver scores on the Podium, Toto Wolff will receive a bonus of 200,000 USD. If Mercedes wins the Formula 1 championship, Toto Wolff will earn a whopping bonus of $10 million, more than his salary. In 2021, Toto Wolff earned more than $40 million in salary from Mercedes, including $10 million for winning the championship, $26 million in fixed salary and $5 million in podium bonuses.

Toto Wolff car

Toto Wolff has a three-story car park at his home to store his car collection. Toto Wolff owns some of the most expensive and luxurious cars in the world. The list of cars owned by Toto Wolff is listed below. Also read George Russell Net Worth.

  • Porsche 718 Cayman
  • Mercedes-AMG GT
  • Nissan GT-R
  • Ford Shelby Mustang GT500
  • McLaren 720S
  • BMW X8

Toto Wolff’s house in Switzerland

Toto Wolff lives in an extremely luxurious 18,000 square meter villa in Switzerland. Toto Wolff bought his property for $62 million. Toto Wolff’s house has the amenities below. Check out Lando Norris’s net worth.

  • 3 swimming pools
  • Bowling alley
  • Home bar
  • Tennis court
  • Wine cellar
  • Home theater
  • 11 bathrooms
  • 8 bedrooms

Toto Wolff's house in Switzerland

Toto Wolff’s luxury yacht

Toto Wolff owns 3 luxury yachts and 2 super yachts. Each of these yachts is worth between 15 million and 20 million USD. Toto Wolff spends his vacation traveling on his yacht.

Luxury yacht Toto Wolff

Exclusive information from Toto Wolff

Toto Wolff’s zodiac sign Capricorn
Favorite actor Michael Caine
Inspiration James Hunt
Favorite color Red
Favorite car brand McLaren
Toto Wolff’s pet name Zinga
Favorite sport Golf
Favorite music artist David Bowie
Favorite vacation destination Frankfurt

Toto Wolff’s investments in the stock market

Toto Wolff has invested more than 100 million USD in a portfolio of stocks. According to detailed information disclosed to tax authorities, Toto Wolff has invested in the following stocks:

  1. HSBC
  2. Alphabet
  3. Apple
  4. Coca-Cola
  5. JP Morgan
  6. Berkshire Hathaway

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Toto Wolff’s estimated net worth growth

The Mercedes F1 racing team is the reigning world champion for many years. This success has brought huge wealth to Toto Wolff through salaries, performance bonuses and also team income. Toto Wolff’s net worth has increased at a rate of 56% over the past five years.

Toto Wolff’s net worth growth

Year Net worth (Million)
Toto Wolff net worth in 2024 540 million USD
Toto Wolff net worth in 2023 540 million USD
Toto Wolff net worth in 2022 540 million USD
Toto Wolff net worth in 2021 540 million USD
Toto Wolff net worth 2020 540 million USD
Toto Wolff net worth in 2019 540 million USD

Frequently asked questions

How much does Toto Wolff earn a year?

Toto Wolff earns $35 million per year.

Where does Toto Wolff get his money?

Toto Wolff is a successful businessman with investments in many technology companies. Toto Wolff also holds 1/3 of the shares of Mercedes F1 Team.

How did Toto get so rich?

Toto Wolff was a racing driver and later established himself as one of the highest paid executives in the world.

What is Toto Wolff’s salary from Mercedes?

Toto Wolff earns a salary of $26 million from the Mercedes F1 Team.

How much does Toto Wolff cost?

Toto Wolff’s net worth is $540 million.

How much has Toto Wolff invested in Mercedes?

Toto Wolff has invested $50 million in the Mercedes F1 Team with a stake of 33%.

How tall is Toto Wolff?

6 feet 4 inches (1.96 meters).

How much does Toto Wolff weigh?

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