Torger Christian Wolff better known as Toto Wolff is a billionaire who majorly invests in Motorsports. He has two other organizations which are focusing on investing in IT startups.
Apart from making money by investing in major organizations, he was also raising enthusiasts and has won several championships awards. He is 51 years old and is currently the CEO of Mercedes AMG Petronas F1Team.
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Early life and education
Toto Wolff was born in the year 1972 in Vienna Austria to parents who are originally from Europe. His mother is Polish and his father is Romanian.
He was educated in France and had his early years of life spent in and around France only. He holds degrees in economics and business.
This has given him the essential knowledge to invest in major companies and he eventually ended up having his investing agencies.
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Though he is an investor currently and holds the prestigious post of Chief Executive Officer in Mercedes AMG, Petronas Formula One team.
He essentially began his career as a Formula One racer. His career got kick-started in the year 1992 and has won numerous awards since 1994.
Apart from being a racer, Toto Wolff is also an instructor and he can speak more than three languages very fluently. Toto is very active on social media platforms and connects with their fans regularly
Though there were controversies surrounding that Toto will be quitting Formula One by 2018, there is no first-hand confirmation on the same.
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Toto Wolff Personal life
Toto is married to Susie and the couple has children. Susie is also a racer and the couple has a child together. Toto Wolff also has two children from his previous marriage.
Toto was never on the news for any of his reasons and has always maintained a very clean public image.
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His current position as CEO also fetches him a hefty package on an annual basis. His investment company, Marchfifteen is majorly into investing in companies that are working on technology, internet, and software development.
It is to be noted that his agency has been investing ever since the early 2000s when the internet was at its early boom.
All these expeditions of Toto made him a multi-millionaire in a very short span and he was holding a very high net worth when compared to the other racers of his time.
He started by investing in the stereotypical companies based on technology and his astounding success in investing made him invest a significant amount in his interest in racing as well.
Toto has managed to create major profit margins for Mercedes ever since he took up the position of CEO. His honorary doctorate awarded by Cranfield University in 2021 stands as a testimony to the exceptional expertise and service he has provided for the Motorsport industry.
The management tactics and the business environment inculcated by Toto have been a case study for an MBA graduate at Harvard Business School.
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The current net worth of Toto Wolff’s is 1.25 billion Swiss Francs. This huge sum of money he has amassed from his raising championships and investment companies.
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