Toto Wolff is a German businessman and the co-owner of the Mercedes AMG Petronas Formula One Team. Toto Wolff has been with Mercedes since 2006 when he was appointed as Executive Director of the company.
In 2012, he became a shareholder in Mercedes, and in 2013, he became the co-owner of Mercedes AMG Petronas Formula One Team. Toto Wolff won the “24 Hours Nurburgring” competition in 1994. Toto is the founder and owner of technology and computing companies.
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Toto Wolff education
Christian Toto Wolff read Economics at the Vienna University of Economics and Business. Toto Wolff began his career in motorsport by joining the Austrian Formula Ford Championship and the German Formula Ford Series.
The name of Toto Wolff’s first wife is Stephanie Wolff. Toto Wolff wife is Susie. They got married in October 2011 and welcomed their first child, Jack, in April 2017. Susie Wolff is a former professional racing driver and the Team Principal of Venturi Racing in Formula E.
Susie Wolff became the first female in over 20 years to compete in the Formula One race when she raced in the British Grand Prix in 2014.
Toto Wolff’s net worth is estimated at CHF 1.25 billion (2021).
How did Toto Wolff buy Mercedes?
In 2002, Toto started a new venture, co-owning a racing driver management company alongside two-time Formula 1 World Champion Mika Häkkinen. After purchasing a 30 percent stake of Mercedes-Benz Grand Prix Ltd.
Is Toto Wolff a billionaire?
Wolff, who is team principal and CEO of the all-conquering German constructor, is worth an estimated £438million, making him almost double as rich as Hamilton, the world’s wealthiest driver.