$3.8 Billion Team Valuation Sees Toto Wolff's Net Worth Take a Massive 9-Figure Boost
How did Toto Wolff make big profits and boost his net worth? Let's find out.
What?
Toto Wolff has taken a huge leap in his net worth from 1 billion in March 2023 to now 1.6 billion in July 2023.
What is it About?
As per Forbes, Toto Wolff is worth $1.6 billion, way up from his previous net worth of $1 billion in March.
Where Does the Increase Come From?
Team Mercedes was recently announced as the second-most-valuable team with an estimated value of $3.8 billion. Toto Wolff owns a 33% stake in Mercedes.
Mercedes F1 Growth
Two years ago, Mercedes F1 team value was just 1 billion and with growth, it now stands at a $3.8 billion valuation.