Toto Wolff

Toto Wolff Net Worth 2025: Earnings & Career

Toto Wolff, an Austrian investor and motorsport executive, has made significant strides in the world of finance and Formula 1. Known for his role as the team principal and CEO of the Mercedes AMG Petronas F1 Team, Wolff's career spans from banking to motorsport leadership. This article explores his net worth, career milestones, and personal life.

Personal Profile About Toto Wolff

Age, Biography, and Wiki

Toto Wolff, born Torger Christian Wolff on January 12, 1972, is a prominent figure in the motorsport world. He is known for his strategic acumen and leadership as the team principal of Mercedes AMG Petronas F1 Team. Wolff's early life and career laid the groundwork for his success in both finance and motorsport. He is married to Susie Wolff, a former racing driver.

Occupation Investors
Date of Birth 12 January 1972
Age 53 Years
Birth Place Vienna, Austria
Horoscope Capricorn
Country Austria

Height, Weight & Measurements

While specific details about Wolff's height and weight are not widely reported, his focus on high-performance sports suggests he maintains a fit lifestyle.

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Weight
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Dating & Relationship Status

Toto Wolff is married to Susie Wolff, a former racing driver. The couple has been together for many years and is known for their mutual support in both personal and professional endeavors.

His mother was a physician. He grew up in the city and was educated in the Lycée Français de Vienne, a prestigious French school. Wolff's father was diagnosed with brain cancer when he was eight years old. His parents separated following his father's diagnosis. His father died of the disease when Wolff was 15.

Wolff was also Director and CEO of the Mercedes-EQ Formula E Team and occasionally attended Formula E races. In August 2021, Wolff was present in Berlin as Mercedes won both the drivers' and teams' championships in Formula E, at a race won by Venturi driver Norman Nato, where his wife, Susie Wolff, became the first female team principal to stand on the podium at a world championship motor race. With Venturi driver Edo Mortara finishing second in the drivers' championships, the Wolffs led their respective teams to first and second positions in the Formula E drivers' championship.

As co-owner of both Williams F1 (where his wife Susie worked as a test driver until November 2015) and Mercedes Grand Prix, Wolff celebrated numerous podiums and successes for both teams, such as a 1–2–3–4 finish at the 2014 Austrian Grand Prix in Spielberg, Austria in his 'home race', as well as at Monza, Italy, in both Qualifying and Race classifications.

Parents
Husband Susie Wolff (m. 2011)
Sibling
Children

Net Worth and Salary

As of 2025, Toto Wolff's net worth is estimated to be around $1.6 billion to $1.8 billion. His salary as the team principal of Mercedes AMG Petronas F1 Team is reported to be between $10 million and $20 million annually, with potential bonuses tied to team performance. Wolff owns a significant stake in the Mercedes F1 team, which contributes substantially to his wealth.

Career, Business, and Investments

Wolff's career began in banking, where he founded two investment firms before transitioning into motorsport. His initial foray into F1 came with an investment in the Williams F1 team in 2009. Later, he purchased a stake in Mercedes in 2012, which has grown significantly in value following the team's numerous successes. Wolff has also invested in tech startups and software companies, diversifying his portfolio.

Torger Christian "Toto" Wolff (, born 12 January 1972) is an Austrian billionaire investor, motorsport executive and former racing driver. Since 2013, Wolff has served as team principal, CEO and co-owner of Mercedes in Formula One, winning eight consecutive World Constructors' Championship titles from to ; he also served as director and CEO of Mercedes-EQ in Formula E, winning two Formula E World Teams' Championship titles.

Wolff began his motorsport career in the Austrian Formula Ford Championship and the German Formula Ford Series. He won his category in the 1994 24 Hours Nürburgring and later competed in the FIA GT Championship and Italian GT Championship. As an investor, Wolff founded Marchfifteen in 1998 and Marchsixteen Investments in 2004, initially focusing on Internet and technology companies. He specialises in strategic investments in medium-sized industrial and listed companies, which have included Williams F1 and German HWA AG.

Wolff founded investment companies Marchfifteen (1998) and Marchsixteen (2004), which initially focused on internet and technology company investments. Since 2003, Wolff has concentrated on strategic investments in medium-sized industrial and listed companies. Investments included the German HWA AG, in which Wolff bought a 49% stake in 2006, listing the company on the stock exchange in 2007. The company ran the Deutsche Tourenwagen Masters race program for Mercedes-Benz, developing F3 engines and the Gullwing Mercedes-Benz SLS AMG GT3 racing car.

Other investments included BRR Rallye Racing, one of the largest rally parts dealers in Europe. Wolff is also co-owner of a sports management company with former F1 driver Mika Häkkinen and was involved in the management of racing drivers such as Bruno Spengler, Alexandre Prémat and Valtteri Bottas. In April 2020, Wolff acquired a 4.95% stake in Aston Martin Lagonda Global Holdings plc as a financial investment, which subsequently was diluted to less than 1%. Wolff's partnership and operational role with Mercedes were unaffected by this transaction. In June 2020, Wolff held a 5% stake in Williams F1 which was sold in the purchase of Williams by Dorilton Capital. In August 2021, tabloid Le Journal de Montréal speculated that Wolff and Aston Martin F1 boss Lawrence Stroll were involved in insider trading with respect to Aston Martin shares, something Wolff refuted in comments to the same newspaper. This allegation was proven to be unfounded following confirmation from the BaFin in Germany and the FCA in the UK that they had found no evidence of wrongdoing.

Wolff started his motorsport career in 1992 in the Austrian Formula Ford Championship, driving in Austrian and German Formula Ford from 1992 to 1994. In 1994, he won the 24 Hours Nürburgring in his category. In 2002 Wolff finished in sixth place in the N-GT category in the FIA GT Championship and won one race. He switched to the Italian GT Championship in 2003, winning a race in 2004 with Lorenzo Case, while also teaming with Karl Wendlinger in the FIA GT Championship. Wolff was runner up in the Austrian Rally Championship in 2006, and winner of the 2006 Dubai 24 Hour. Wolff has also served as an instructor at the Walter Lechner Racing School and in 2009 became a lap-record holder on the Nürburgring Nordschleife in a Porsche RSR. Wolff also had overall responsibility for the Mercedes EQ Formula E Team before their entry and assets were purchased by McLaren following the conclusion of the 2021-2022 season.

In January 2013, Wolff left Williams F1 to become an executive director of the Mercedes AMG Petronas Formula One Team with his business partner Rene Berger becoming non-executive director. In addition to joining the team as managing partner, he also acquired 30% of Mercedes-Benz Grand Prix Ltd, with a further 10% held by Niki Lauda and 60% by the parent company.

Wolff took over the coordination of all Mercedes-Benz motorsport activities, a responsibility previously held by Norbert Haug. In 2014, Wolff sold two-thirds of his Williams shares to American businessman Brad Hollinger. On 9 March 2016, Wolff sold his remaining shares in the Williams team.

2018 proved the most successful motorsport year in the history of Mercedes-Benz. The company won both F1 titles, the Formula 2 title with George Russell, the Formula 3 European Championship with Mick Schumacher, all three titles in its final season of DTM competition with Gary Paffett securing the drivers' title, both F1 Esports titles with Brendon Leigh as the driver's champion, and numerous championships in customer racing.

After the 2020 F1 season, Wolff signed a new deal with Mercedes to continue as team principal and CEO for at least another three years, increasing his ownership stake to 33% upon investment from Ineos, becoming equal shareholders with Daimler AG.

In November 2021, Wolff was appointed to an Associate Fellowship of the Oxford Saïd Business School for two years to transfer his understanding of high-performance culture, team leadership, and personal effectiveness from the racetracks into the classroom.

In February 2022, Wolff's leadership of the Mercedes-AMG Petronas F1 Team was the subject of a Harvard Business School case study, authored by Anita Elberse. Wolff visited Harvard on 3 March 2022 to teach the case study to MBA students and lead a discussion on high-performance leadership and organisational culture.

In May 2022, Wolff was named as an executive fellow at Harvard Business School, a role in which he will serve as guest lecturer alongside Professor Anita Elberse.

Social Network

Toto Wolff is active on various social media platforms, though he does not often engage directly with fans. His presence is more official, focusing on professional updates and team news.

In 2009, Wolff bought a share of the Williams Formula One Team and joined the board of directors. In 2012, he was named executive director of Williams F1 and the team took its last race win to date at that year's Spanish Grand Prix with Pastor Maldonado.

Education

Wolff's educational background includes a degree in economics from the Vienna University of Economics and Business. His knowledge in finance has been instrumental in his success as a motorsport executive.

In conclusion, Toto Wolff's journey from finance to becoming a leading figure in Formula 1 demonstrates his strategic acumen and entrepreneurial spirit. His continued success in both business and motorsport has solidified his status as one of the wealthiest and most influential figures in the sport.

Wolff is vice-chairman of the Mary Bendet Foundation, founded in memory of a school friend who was a role model for a generation of friends. The Foundation aims to improve the quality of life for underprivileged children.

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