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Data & Strategy

Richest Billionaires in Automotive Industry (December 01, 2023)

Richest Billionaires in Automotive Industry (December 01, 2023)

As of December 01, 2023, Elon Musk has a net worth of US$245.3 billion, making him the wealthiest person in the automotive industry. Stefan Quandt follows in second place with $24.6 billion, while Robin Zeng ranks third with $24.2 billion, and Susanne Klatten comes in fourth with $23.7 billion.

The fifth and sixth spots on the list are occupied by Eric Li, whose net worth is $15.2 billion, and Wang Chuanfu, whose net worth is $15.0 billion. Wei Jianjun is placed 7th with a net worth of $12.8 billion. Lu Xiangyang ($12.3 billion) occupied the 8th position among the wealthiest people in the automotive industry, followed by Shahid Khan (No. 9) with $11.6 billion and Huang Shilin (No. 10, $11.2 billion).

Richest Billionaires in Automotive Industry, 2023

  1. Elon Musk: $245.3 billion
  2. Stefan Quandt: $24.6 billion
  3. Robin Zeng: $24.2 billion
  4. Susanne Klatten: $23.7 billion
  5. Eric Li: $15.2 billion
  6. Wang Chuanfu: $15.0 billion.
  7. Wei Jianjun & family: $12.8 billion
  8. Lu Xiangyang: $12.3 billion
  9. Shahid Khan: $11.6 billion
  10. Huang Shilin: $11.2 billion
  11. Georg Schaeffler: $9.4 billion
  12. Li Xiang: $8.6 billion
  13. Piero Ferrari: $7.4 billion
  14. Wu Jianshu: $6.8 billion
  15. Vikram Lal & family: $6.8 billion
  16. Ernest Garcia II: $6.1 billion
  17. Dan Friedkin: $5.7 billion
  18. Li Ping: $4.7 billion
  19. Mark Shoen $4.6 billion
  20. Mong-Koo Chung: $4.2 billion

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Katherina Davis, Ph.D.
Katherina Davis, PhD in Media Leadership & Organizational Change, is the Deputy News Editor at CEOWORLD Magazine, where she specializes in thought leadership, executive branding, and financial storytelling for a global business audience. With a career that spans over 12 years in fintech journalism and brand communications, Katherina has a reputation for turning complex financial data into stories that engage, educate, and drive strategic value.

Before joining CEOWORLD, she served as a content strategist for leading fintech startups and contributed to publications focused on market intelligence and innovation. Katherina’s editorial focus includes C-suite positioning, PR during IPOs, M&A communications, and business transformation strategies. She holds a degree in Business Journalism and an executive certificate in Digital Brand Strategy.

At CEOWORLD, she directs a team of writers and analysts, producing insightful features on corporate finance, executive reputation, and market disruption. Katherina also mentors young professionals in business communications and has spoken at multiple international conferences on digital finance media. She brings a mix of journalistic integrity and strategic messaging to her role, helping CEOWORLD’s audience stay ahead of financial trends while strengthening their leadership narratives.

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