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Data & Strategy

Richest Billionaires in Automotive Industry (August 29, 2023)

Richest Billionaires in Automotive Industry (August 29, 2023)

As of August 29, 2023, Elon Musk has a net worth of US$244.4 billion, making him the wealthiest person in the automotive industry. Zeng Robin follows in second place with $33.8 billion, while Stefan Quandt ranks third with $24.4 billion, and Susanne Klatten comes in fourth with $23.4 billion.

The fifth and sixth spots on the list are occupied by Wang Chuanfu, whose net worth is $18.1 billion, and Eric Li, whose net worth is $15.9 billion. Huang Shilin is placed 7th with a net worth of $15.3 billion. Lu Xiangyang ($12.5 billion) occupied the 8th position among the wealthiest people in the automotive industry, followed by Wei Jianjun (No. 9) with $12.4 billion and Shahid Khan (No. 10, $11.7 billion).

Richest Billionaires in Automotive Industry, 2023

  1. Elon Musk: $244.4 billion
  2. Zeng Robin: $33.8 billion
  3. Stefan Quandt: $24.4 billion
  4. Susanne Klatten: $23.4 billion
  5. Wang Chuanfu: $18.1 billion
  6. Eric Li: $15.9 billion
  7. Huang Shilin: $15.3 billion
  8. Lu Xiangyang: $12.5 billion
  9. Wei Jianjun & family: $12.4 billion
  10. Shahid Khan: $11.7 billion
  11. Georg Schaeffler: $9.2 billion
  12. Wu Jianshu: $7.2 billion
  13. Li Xiang: $7.1 billion
  14. Ernest Garcia II: $6.8 billion
  15. Li Ping: $6.8 billion
  16. Piero Ferrari: $6.5 billion
  17. Vikram Lal & family: $6.0 billion
  18. Dan Friedkin: $5.6 billion
  19. Mark Shoen: $4.7 billion
  20. Gail Miller: $4.2 billion

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Lisa Brown, PhD
Lisa Brown, PhD in Political Journalism and Policy, is the opinion editor for News and Initiatives at CEOWORLD Magazine, where she oversees editorial content that bridges financial analysis, corporate leadership, and brand strategy. With over 13 years in business media and strategic communications, Lisa brings a rare combination of market insight and storytelling expertise. She began her career as a financial reporter in New York, covering Wall Street trends and corporate earnings, before moving into senior editorial roles for international business outlets. Lisa has also worked as a communications consultant for multinational companies, advising on investor relations, executive visibility, and crisis messaging.

At CEOWORLD, Lisa leads a global editorial team producing features on market trends, corporate governance, and strategic communications for CEOs, CFOs, and CMOs. Her work is recognized for blending analytical rigor with a deep understanding of brand reputation in the digital age. Lisa holds a degree in Business Journalism and an executive certificate in Global PR Strategy. She is a frequent speaker at leadership summits and has moderated panels on the intersection of finance and public perception. Dedicated to elevating the voices of women in business leadership, Lisa ensures CEOWORLD’s content empowers decision-makers with actionable insights and a strategic edge.