Bugatti is a private luxury hypercar manufacturer headquartered in Molsheim, France. The brand is globally known for producing some of the fastest, most exclusive, and most expensive production cars in the world, including the Chiron and Mistral.
Originally founded in 1909 by Ettore Bugatti, the marque has gone through multiple ownership phases over the past century. In its modern era, Bugatti operates under Bugatti Automobiles S.A.S., focusing on ultra-low-volume hypercars that blend extreme performance with handcrafted luxury.
As of 2025, Bugatti is led by Mate Rimac, who serves as CEO and plays a central role in shaping the brand’s electric-hybrid future.
About The Bugatti CEO – Mate Rimac
Mate Rimac is a Croatian entrepreneur and automotive innovator best known as the founder of Rimac Automobili and the CEO of Bugatti Rimac. Born in 1988, he gained global attention after converting a BMW into an electric race car as a teenager, which later inspired him to start Rimac Automobili.
Over the years, Rimac has become a leader in high-performance electric vehicles and advanced battery technology, supplying components to major automakers. Today, Mate Rimac plays a central role in guiding Bugatti’s transition into a new era that blends traditional hypercar craftsmanship with modern electric and hybrid innovation.
Mate Rimac Net Worth
Mate Rimac’s net worth is estimated to be in the billionaire range, although an exact figure has not been publicly confirmed. His wealth primarily comes from his majority stake in Rimac Group, which owns 55% of Bugatti Rimac and includes a fast-growing electric hypercar and technology business.
Rimac Group has attracted strategic investments from major automotive players, including Porsche, significantly increasing the company’s valuation over time. As a result, Mate Rimac is widely regarded as one of the youngest self-made billionaires in the global automotive and technology sector.
Ownership Status of Bugatti
There is no single private individual owner of Bugatti. The company is owned by Bugatti Rimac, a joint venture created in 2021.
Parent Company Structure
Bugatti Automobiles S.A.S. is majority-owned by Bugatti Rimac, which has the following ownership split:
| Owner / Entity | Ownership Percentage | Notes |
|---|---|---|
| Rimac Group | 55% | Majority owner; led by Mate Rimac |
| Porsche AG | 45% | Strategic partner and minority owner |
Rimac Group itself has strategic backing from the Volkswagen ecosystem, but Bugatti is no longer directly owned by Volkswagen Group.
Key Ownership Highlights
Bugatti’s current ownership represents a blend of heritage luxury and next-generation electric performance.
- Rimac Group (55%)
- Known for cutting-edge electric hypercars and battery technology
- Provides technological leadership and long-term strategic vision
- Porsche AG (45%)
- Brings decades of engineering expertise and brand stewardship
- Ensures continuity, quality control, and global credibility
This structure allows Bugatti to preserve its historic craftsmanship while preparing for an electrified future.
Recent Developments in Ownership
Since the formation of Bugatti Rimac in 2021, there have been no publicly announced changes in ownership percentages.
However, major strategic developments include:
- Leadership consolidation under Mate Rimac
- Completion of the Bugatti Mistral, the brand’s final W16-powered road car
- Development of a new hybrid powertrain era for future Bugatti models
Ownership itself remains stable, with Rimac Group retaining majority control.
FAQs
1. Who is the current owner of Bugatti?
Bugatti is owned by Bugatti Rimac, a joint venture majority-owned (55%) by Rimac Group and minority-owned (45%) by Porsche AG.
2. Is Bugatti owned by Volkswagen Group?
No. Volkswagen Group previously owned Bugatti, but it transferred the brand into the Bugatti Rimac joint venture in 2021.
3. Is Bugatti a publicly traded company?
No. Bugatti Automobiles S.A.S. is a privately held company.
4. Who runs Bugatti today?
Bugatti is led by Mate Rimac, who serves as CEO of Bugatti Rimac.
5. Who founded Bugatti originally?
Bugatti was founded by Ettore Bugatti in 1909 in Molsheim, France.
Bugatti is not owned by a single person. Instead, it operates under Bugatti Rimac, with Rimac Group holding a controlling 55% stake and Porsche AG owning 45%. This modern ownership structure combines Bugatti’s legendary heritage with advanced electric and hybrid innovation—defining the future of one of the world’s most iconic hypercar brands.