Who is the owner of Porsche?
So, from that standpoint, Volkswagen AG is the company who owns Porsche. However, Porsche also owns a majority share in Volkswagen AG. The result is that two great automakers get to continue a partnership that was started decades ago. Porsche AG is a German automobile manufacturer specializing in luxury, high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE, usually shortened to Porsche SE.Its members control Porsche SE and have a majority voting right over Volkswagen AG, the largest automaker in the world. The Porsche family headquarters are in the Austrian town of Zell am See. The family is the 7th richest family of Germany (2022) with an estimated net worth of 66.Yes, Volkswagen Group is Porsche’s parent company. Volkswagen and Porsche merged in 2011. Volkswagen Group is also the parent company of various other luxury car brands, including Audi, Bentley, Bugatti, and Lamborghini.Porsche AG, as a 100% subsidiary of VW AG, is responsible for the actual production and manufacture of the Porsche automobile line. The company currently produces Porsche 911, Boxster and Cayman sports cars, the Cayenne and Macan sport utility vehicles and the four-door Panamera.
Does Bill Gates own a Porsche?
In 1988, Bill Gates purchased a Porsche 959 Komfort, but it was impounded in Seattle due to non- compliance with U. S. Gates paid a daily fine of $28 for 13 years, totaling over $133,000, driven by his passion for the car. In 1988, Gates purchased the Porsche 959 ‘Komfort’—a marvel of its time, boasting a 2. It was the fastest street-legal production car of its era and an automotive dream for enthusiasts worldwide.
Who is the CEO of Porsche?
The Supervisory Board of Porsche AG has appointed Dr. Michael Leiters as CEO of Porsche AG, effective as of January 1, 2026. Oliver Blume’s successor will be Dr. Michael Leiters. Leiters has been CEO of McLaren Automotive from July 2022 until April 2025, having previously served as CTO for Ferrari for more than eight years. Leiters is no stranger to Porsche AG.