Akio Toyoda Net Worth
Akio Toyoda net worth: Akio Toyoda is the President and CEO of Toyota Motor Corporation and has a net worth of $1 billion. Akio Toyoda amassed his net worth through his years of working at Toyota Motor Corporation. Akio Toyoda was born in Nagoya, Japan on May 3, 1956. He is the grandson of Kiichiro Toyoda, the founder of Toyota, and the son of Shoichiro Toyoda, who led the company to excellence. When Akio Toyoda first joined the family business in 1984, he had already obtained an MBA degree from Babson College in the United States. At Toyota, he had the opportunity to work and become familiar with all phases of the company’s operations in Japan and internationally. During his stay in the US, Akio served as Executive Vice President of NUMMI, a joint venture between Toyota and General Motors in California. Over the years, he rose through various international and domestic positions in the company, culminating in June 2009 as President of Toyota Motor Corporation. Thanks to him, Toyota is today the world’s largest automaker, with revenues of $228 billion compared with Volkswagen’s $222 billion. What makes Akio’s feat impressive is his leadership of effective business policies that overcame the severe impact of the 2011 earthquake and tsunami.
