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Data & Strategy

Richest Billionaires in Automotive Industry (February 21, 2024)

Frank Brown, D.Litt.Frank Brown, D.Litt.Data & Strategy
Elon Musk

As of February 21, 2024, Elon Musk has a net worth of US$201.7 billion, making him the wealthiest person in the automotive industry. Stefan Quandt follows in second place with $25.5 billion, while Susanne Klatten ranks third with $24.3 billion, and Robin Zeng comes in fourth with $23.4 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 $10.8 billion and Wei Jianjun (No. 10, $10.7 billion).

Richest Billionaires in Automotive Industry, 2024

  1. Elon Musk: $201.7 billion
  2. Stefan Quandt: $25.5 billion
  3. Susanne Klatten: $24.3 billion
  4. Robin Zeng: $23.4 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: $10.8 billion
  10. Wei Jianjun & family: $10.7 billion
  11. Georg Schaeffler: $10.0 billion
  12. Piero Ferrari: $8.0 billion
  13. Li Xiang: $7.4 billion
  14. Ernest Garcia II: $7.2 billion
  15. Vikram Lal & family: $6.8 billion
  16. Dan Friedkin: $6.2 billion
  17. Mark Shoen $5.0 billion
  18. Wu Jianshu: $4.8 billion
  19. Moong-Koo Chung: $4.7 billion
  20. Vivek Chaand Sehgal: $4.7 billion

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Frank Brown, D.Litt.

Frank Brown, D.Litt.

Frank Brown, D.Litt. in Public Affairs and Media Strategy, is the Global Managing Editor at CEOWORLD Magazine, where he crafts and oversees editorial strategies focused on financial leadership, brand reputation, and global market insights. Originally from Madrid, Frank brings over a decade of experience in business journalism and strategic communication.

Before CEOWORLD, he worked as a financial correspondent in Europe and Latin America, later transitioning into public affairs consulting for Fortune 500 companies. Frank is known for his ability to distill complex financial concepts into accessible, high-impact stories that inform decision-makers and shape executive narratives. His work at CEOWORLD includes deep-dive market analyses, CEO interviews, and features on evolving investor relations strategies. He leads a multilingual editorial team and contributes to content in both English and Spanish.

Frank holds degrees in International Finance and Strategic Communications, and he frequently speaks at global forums on reputation management, stakeholder communication, and financial media ethics. Passionate about bridging finance and storytelling, Frank believes that clear communication is essential for business growth and trust. At CEOWORLD, his mission is to help global leaders navigate business uncertainty with insight, transparency, and confidence.

Email Frank Brown at frank@ceoworld.biz
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