Bill Gates is, apparently, the richest person in the entire global car industry.
Surprising, we know, but according to Bloomberg’s list of the 20 richest individuals in the business based on total wealth, the Microsoft man’s $914,554,258 stake in AutoNation Inc.—a new and used car dealership company—places him on top of the automotive world financially. The above-mentioned figure accounts for just less than 1% of his Gates’s total net worth, though.
Tesla’s Larry Ellison and Elon Musk are second and third on the list, respectively, while Tata Motors’ Pallonji Mistry comes fourth, and BMW’s Susanne Klatten (who happens to be Germany’s second-richest person) finds herself in fifth.
Cox Automotive, which includes Kelley Blue Book and Autotrader.com, among other brands, has the most number of representatives on this list with five. Check out the full list below:
1) Bill Gates
Company: AutoNation Inc. (car dealerships)
Stake value: $914,554,258
Total wealth: $105 billion
2) Larry Ellison
Company: Tesla Inc.
Stake value: $730,773,000 to $1 billion
Total wealth: $58.5 billion
3) Elon Musk
Company: Tesla Inc.
Stake value: $8,307,076,693
Total wealth: $22.9 billion
4) Pallonji Mistry
Company: Tata Motors Ltd.
Stake value: $302,722,710
Total wealth: $19.7 billion
5) Susanne Klatten
Company: BMW AG
Stake value: $8,763,327,399
Total wealth: $18 billion
6) Stefan Quandt
Company: BMW AG
Stake value: $10,817,887,438
Total wealth: $14.8 billion
7) Li Shufu
Companies: Geely Automobile Holdings Ltd. and Zhejiang Geely Holding Group
Stake value: $38,988,918 and $10,520,321,446
Total wealth: $10.6 billion
8) Georg Schaeffler
Companies: Continental AG and Schaeffler AG (automotive supplies)
Stake value: $9,494,765,020 and $3,116,322,400
Total wealth: $7.99 billion
9) Blair Parry-Okeden
Company: Cox Automotive (Kelley Blue Book and other brands)
Stake value: $1,738,541,209
Total wealth: $7.84 billion
10) James Kennedy
Company: Cox Automotive
Stake value: $1,738,541,209
Total wealth: $7.84 billion
11) James Pattison
Company: James Pattison Group (car dealerships)
Stake value: $48,327,817
Total wealth: $6.35 billion
12) Ernie Garcia
Companies: Carvana Co. and DriveTime (used cars)
Stake value: $4,060,262,827
Total wealth: $4.93 billion
13) Hiroshi Mikitani
Company: Trust Co. Ltd. (used cars)
Stake value: $234,488
Total wealth: $5.87 billion
14) Margaretta Taylor
Company: Cox Automotive (Kelley Blue Book and other brands)
Stake value: $1,150,111,876
Total wealth: $5.18 billion
15) James Cox Chambers
Company: Cox Automotive (Kelley Blue Book and other brands)
Stake value: $1,150,111,876
Total wealth: $5.18 billion
16) Katharine Rayner
Company: Cox Automotive (Kelley Blue Book and other brands)
Stake value: $1,150,111,876
Total wealth: $5.18 billion
17) Quek Leng Chan
Companies: Hong Leong Asia Ltd. and Hong Leong Industries Bhd. (motorcycles)
Stake value: $5,103,369 and $291,110,648
Total wealth: $5.27 billion
18) Rahul Bajaj
Companies: Bajaj Finance Ltd. and Bajaj Auto Ltd.
Stake value: $586,320,006 and $1,208,532,867
Total wealth: $5.2 billion
19) Chung Mong-Koo
Companies: Hyundai Motor Co. and Hyundai Mobis Co.
Stake value: $1,269,429,178 and $1,408,455,597
Total wealth: $4.5 billion
20) Wang Chuanfu
Companies: BYD Co. and BYD Co Ltd.
Stake value: $3,522,094,647 and $4,993,622
Total wealth: $4.11 billion
Were you surprised by any of the names found on Bloomberg’s rankings? Let us know in the comments.
