Mary Barra, with her commendable role as the Chairman & CEO of General Motors, has made significant strides in the automotive industry, both in leadership and finances. But the burning question many have is: What is Mary Barra’s net worth in 2023?
Mary Barra, being a prominent figure in the business world, has seen fluctuations in her net worth over the years. As of August 30, 2023, her estimated net worth is at least $39 million, heavily attributed to her ownership of 1,122,883 shares of General Motors Co (GM) stock, valued at over $37 million.
| Date | Net Worth (USD) | Source |
|---|---|---|
| 2023-08-30 | 39 million | GuruFocus.com |
| 2021-04-01 | 165 million | Thomasnet |
| 2023-09-06 | 39 million | Wallmine |
| Unspecified | 60 million | Personal Biography |
In the capacity of the Chairman & CEO of General Motors Co, Mary Barra possesses approximately 1,122,883 shares of the company’s stock. These shares, as of September 2023, are worth a staggering $37 million. Furthermore, she receives a substantial salary for her role at the company, making her one of the top earners in the automotive industry.
In April 2021, Mary’s net worth was estimated to be around $165 million. This value shows how dynamic the financial landscape can be, with various factors influencing such figures. It is essential to note that net worth estimates can be influenced by the company’s performance, stock market dynamics, and other investments.
While most of Mary Barra’s wealth is linked to her association with General Motors, she has other income streams. Her biography details her early involvement with General Motors when she joined the GM Institute at 18. Her experience spans several decades, culminating in her current leadership role.
GM’s endeavors in cost-cutting and striving to manufacture more electric vehicles have impacted the company’s financials. Such strategic moves, while aimed at long-term growth, can affect stock prices and, subsequently, the net worth of major stakeholders like Mary Barra.
Recently, a collaboration between General Motors and Tesla was announced. This partnership, revealed via a Twitter Spaces broadcast featuring both Elon Musk and Mary Barra, signifies GM’s intent to further venture into the electric vehicle segment.
GM’s CEO, Mary Barra, has articulated a clear vision for the company’s future, emphasizing leadership in EV profits. Such ambition, if realized, could result in substantial financial growth for the company and its major stakeholders.
In conclusion, Mary Barra’s financial journey, intertwined with her illustrious career at General Motors, offers a story of perseverance, strategic decisions, and market dynamics. As GM continues to navigate the challenges and opportunities of the automotive industry, Barra’s net worth will likely remain a topic of interest.
FAQs:
How much is Mary Barra’s net worth in 2023?
Mary Barra’s estimated net worth as of August 30, 2023, is at least $39 million.
Where does most of her wealth come from?
The majority of her wealth is derived from her ownership of General Motors Co (GM) stock, which she possesses approximately 1,122,883 shares.
Has her net worth seen significant changes in the past?
Yes, in April 2021, her net worth was estimated to be around $165 million, indicating fluctuations over time.
Is Mary Barra involved in any other business ventures?
While primarily associated with General Motors, Mary Barra has other sources of income and associations, including board memberships and speaking engagements.
