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Home » Latest » Data & Strategy » Richest Billionaires in Automotive Industry (December 29, 2023)

Data & Strategy

Richest Billionaires in Automotive Industry (December 29, 2023)

Elon Musk

As of December 29, 2023, Elon Musk has a net worth of US$254.7 billion, making him the wealthiest person in the automotive industry. Stefan Quandt follows in second place with $25.8 billion, while Susanne Klatten ranks third with $24.9 billion, and Robin Zeng comes in fourth with $22.8 billion.

The fifth and sixth spots on the list are occupied by Eric Li, whose net worth is $15.9 billion, and Wang Chuanfu, whose net worth is $15.0 billion. Lu Xiangyang is placed 7th with a net worth of $12.3 billion. Wei Jianjun ($12.2 billion) occupied the 8th position among the wealthiest people in the automotive industry, followed by Shahid Khan (No. 9) with $12.0 billion and Huang Shilin (No. 10, $11.0 billion).

Richest Billionaires in Automotive Industry, 2023

  1. Elon Musk: $254.7 billion
  2. Stefan Quandt: $25.8 billion
  3. Susanne Klatten: $24.9 billion
  4. Robin Zeng: $22.8 billion
  5. Eric Li: $15.9 billion
  6. Wang Chuanfu: $15.0 billion.
  7. Lu Xiangyang: $12.3 billion
  8. Wei Jianjun & family: $12.2 billion
  9. Shahid Khan: $12.0 billion
  10. Huang Shilin: $11.0 billion
  11. Georg Schaeffler: $10.2 billion
  12. Li Xiang: $8.6 billion
  13. Ernest Garcia II: $7.3 billion
  14. Vikram Lal & family: $7.2 billion
  15. Piero Ferrari: $7.0 billion
  16. Wu Jianshu: $6.9 billion
  17. Dan Friedkin: $6.1 billion
  18. Mark Shoen $5.2 billion
  19. Joe Shoen: $4.6 billion
  20. Li Ping: $4.6 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.