Bugatti is a luxury brand that is synonymous with high-performance cars, exclusivity, and prestige. It is owned by the Volkswagen Group, and their cars are some of the most expensive in the world, often costing millions of dollars. But just how rich does one need to be to afford a Bugatti? And how do Bugatti owners typically make their money? In this blog, we will explore these questions in detail.
How rich is a typical Bugatti owner?
Bugatti owners are, without a doubt, some of the wealthiest individuals in the world. A Bugatti Chiron, for instance, has a starting price of around $3 million, while a Bugatti Divo can cost upwards of $5 million. These prices put Bugatti cars well out of reach for most people, making them exclusive to an ultra-rich clientele.
According to Forbes’ Billionaires List 2022, the world’s richest person, Elon Musk, has a net worth of $256 billion. To put that into perspective, purchasing a Bugatti Chiron would account for just over 0,01% of Musk’s net worth. In other words, for someone like Elon Musk, buying a Bugatti is akin to an average person buying a cup of coffee.
Of course, not every Bugatti owner is a billionaire, but they are still incredibly wealthy individuals. According to Bugatti, their customers have an average net worth of $30 million, and many of them own multiple luxury vehicles.
How do Bugatti owners make their money?
So, how do Bugatti owners typically make their money? The answer is that they come from a variety of industries and backgrounds, but they all share a common trait: they are incredibly successful in their fields.
Many Bugatti owners are entrepreneurs who have built successful businesses in industries such as technology, finance, and real estate. For example, Bugatti owner and co-founder of Snapchat, Evan Spiegel, has a net worth of around $20 billion, while Italian businessman and Bugatti enthusiast, Andrea Bonomi, made his fortune in private equity.
Others may have inherited their wealth or come from wealthy families. For instance, Ferdinand Piëch, the former chairman of the Volkswagen Group and a Bugatti owner, inherited his wealth from his family’s ownership of the Porsche car company.
In some cases, Bugatti owners may have made their money through other means, such as entertainment or sports. American rapper and producer, Birdman, owns a Bugatti Veyron, which he purchased for $2 million, while retired professional boxer, Floyd Mayweather, has owned multiple Bugattis over the years.
In conclusion, owning a Bugatti is a sign of extreme wealth and exclusivity, and their owners come from a variety of industries and backgrounds. They are incredibly successful individuals who have made their fortunes through a combination of