What is Norbert Reithofer Net Worth 2024: Sources of Wealth, Income/Salary & More

What is Norbert Reithofer 2024 Sources of Wealth, IncomeSalary and More

Hi there! Welcome to WorldOfCEOs, where we dive into the finances of famous people. Today, let’s explore Norbert Reithofer net worth, a notable figure in the automotive industry.

Quick Facts

Real NameNorbert Reithofer
Popular NameNorbert Reithofer
Birth DateMay 29, 1956
Age68 years old
BirthplacePenzberg, Germany
EducationPhD in Production Engineering
Marital StatusMarried
Sexual OrientationStraight
Net Worth$200 million (estimated)
Source of WealthAutomotive Industry

What is the Net Worth Of Norbert Reithofer 2024?

What is the Net Worth Of Norbert Reithofer 2024

According to public sources like Forbes & others, Norbert Reithofer’s net worth is estimated at around $200 million as of 2024. This places him among the top-tier automotive executives. For comparison, other notable figures in the same industry:

  • Harald Krüger (Current BMW CEO) with a net worth of $100 million.
  • Mary Barra (GM CEO) with a net worth of $60 million.
  • Herbert Diess (Volkswagen CEO) with a net worth of $20 million.

Reithofer’s financial success stems from his strategic leadership and innovative initiatives at BMW. Also Check “Richest People in the World 2024”

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What is Norbert Reithofer Income/Salary 2024?

As of 2024, Reithofer was reportedly the highest-paid member of any German company’s supervisory board, with a total annual compensation of 610,000 euros.

Norbert Reithofer Finance Overview

Norbert Reithofer Finance Overview

Norbert Reithofer’s financial journey is a testament to his effective leadership and business acumen. During his time at BMW, he spearheaded several cost-cutting measures, promoted technological innovation, and emphasized sustainability.

His decisions not only enhanced BMW’s profitability but also positioned the company as a leader in the automotive industry. Reithofer’s strategic approach and focus on electric vehicles have left a lasting impact on BMW and the broader market.

Reithofer stepped down early in May 2015 and was replaced by Harald Krüger. He moved to the non-executive role of chairman of the supervisory board.

FAQs about Norbert Reithofer

FAQs about Norbert Reithofer

Who is Norbert Reithofer?

He is a renowned German businessman known for his tenure as the CEO of BMW. He is celebrated for his strategic vision and leadership in the automotive industry.

What is Norbert Reithofer’s background?

Norbert has a strong engineering background. He holds a degree in Mechanical Engineering from Munich University of Applied Sciences and a Doctorate in Engineering from the Technical University of Munich.

Where did Norbert Reithofer work previously?

Norbert has spent most of his career at BMW, where he started in 1987. He held various positions within the company before becoming CEO in 2006.

What are Norbert Reithofer’s achievements?

Under Norbert’s leadership, BMW saw significant growth in global sales and expanded its product lineup. He played a key role in advancing BMW’s sustainability initiatives and increasing its market presence.

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How did Norbert Reithofer impact BMW?

Norbert’s tenure as CEO led to record sales and profitability for BMW. He spearheaded the development of electric vehicles and sustainable technologies, positioning BMW as a leader in the premium automotive market.

What is Norbert Reithofer doing now?

After stepping down as CEO in 2015, Norbert became the Chairman of BMW’s Supervisory Board, continuing to influence the company’s strategic direction and governance.

In Summary

In summary, Norbert Reithofer net worth reflects his significant contributions to BMW and the automotive industry. Stay tuned to WorldOfCEOs for more insights into the financial lives of prominent figures.

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