CEOWORLD magazine

5th Avenue, New York, NY 10001, United States
Phone: +1 3479835101
Email: info@ceoworld.biz
+1 3479835101 (New York) info@ceoworld.biz
Tuesday, November 11th, 2025 9:15 PM
Home » Latest » Data & Strategy » Richest Billionaires in Automotive Industry (February 19, 2024)

Data & Strategy

Richest Billionaires in Automotive Industry (February 19, 2024)

Elon Musk

As of February 19 2024 Elon Musk has a net worth of US$205.2 billion, taking him the wealthiest person in the automotive industry. Stefan Quandt follows in second place with $25.6 billion, while Susanne Klatten ranks third with $24.4 billion, and Robin Zeng comes in fourth with $23.2 billion.

The fifth and sixth spots on the list are occupied by Eric Li, whose net worth is $16.3 billion, and Wang Chuanfu, whose net worth is $13.9 billion. Shahid Khan is placed 7th with a net worth of $11.7 billion. Lu Xiangyang ($11.3 billion) occupied the 8th position among the wealthiest people in the automotive industry, followed by Huang Shilin (No. 9) with $10.7 billion and Wei Jianjun (No. 10, $10.7 billion).

Richest Billionaires in Automotive Industry, 2024

  1. Elon Musk: $205.2 billion
  2. Stefan Quandt: $25.6 billion
  3. Susanne Klatten: $24.4 billion
  4. Robin Zeng: $23.2 billion
  5. Eric Li: $16.3 billion
  6. Wang Chuanfu: $13.9 billion.
  7. Shahid Khan: $11.7 billion
  8. Lu Xiangyang: $11.3 billion
  9. Huang Shilin: $10.7 billion
  10. Wei Jianjun & family: $10.7 billion
  11. Georg Schaeffler: $10.3 billion
  12. Piero Ferrari: $8.0 billion
  13. Li Xiang: $7.3 billion
  14. Ernest Garcia II: $7.2 billion
  15. Vikram Lal & family: $6.9 billion
  16. Dan Friedkin: $6.2 billion
  17. Mark Shoen $5.0 billion
  18. Moong-Koo Chung: $4.9 billion
  19. Vivek Chaand Sehgal: $4.7 billion
  20. Wu Jianshu: $4.6 billion

Have you read?
Business Security: Is SASE A Good Choice For Your Business?
Revolutionizing Industries: The Transformative Power of Generative AI.
Why Having a Clear Focus is the Key to a Competitive Edge in Business Strategy.
The Wealth Gap: How Capitalism Can Be Part of the Solution.
The Benefits of Using VPNs for Business.
Luke Mind Power: The Next Tony Robbins.


Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

Add CEOWORLD magazine as your preferred news source on Google News
This material (and any extract from it) must not be copied, redistributed, or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz. © 2025 CEOWORLD magazine LTD


Bring the best of the CEOWORLD magazine's global journalism to audiences in the United States and around the world. - Add CEOWORLD magazine to your Google News feed.



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.