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Photo: RacePictures
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$300 million deal completed – This is Toto Wolff’s current net worth

15:51, 21 Nov
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In a deal worth $300 million (£230 million), Toto Wolff has sold a percentage of his Mercedes F1 shares. The Austrian is currently the 1556th richest person in the world, according to Forbes.
The CEO and team principal of the Mercedes F1 team has sold 15% of his shareholding to CrowdStrike founder and CEO George Kurtz. The American purchased the shares using his personal wealth.
Back in 2023, Wolff was valued at $1 billion. On Forbes 2025 World's Billionaires List, he was ranked 1947th with $1.8 billion.
According to the medium's Real Time Net Worth counter, he is currently the 1556th richest person in the world. As of today, they estimate his net worth to be $2.5 billion (£1.9 billion).
Currently, the list is led by Elon Musk, who stands at $462.8 billion. The CTO and executive chairman of Red Bull Racing title sponsor Oracle, Larry Ellison, who overtook Musk in September, is now in second place. His net worth stands at $261.6 billion.
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Toto Wolff in the F1 Paddock - Photo: Race Pictures

Wolff underlines long-term stability

The Austrian told CNBC: "With George, we kind of grew together. We met each other long before his IPO, we've been part of the journey of growth. George is very unique in the sense that he's not only a successful tech entrepreneur, one of the most successful tech entrepreneurs."
Kurtz and Wolff also have a background in racing in common. "That is a skill or a niche or combination of understanding that is important for us. So bringing him aboard is great."

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