Akio Toyoda Net Worth

What is Akio Toyoda's Net Worth?

Akio Toyoda is a Japanese business executive who has a net worth of $1 billion. Akio Toyoda is the grandson of Kiichiro Toyota, Toyota's founder, and the son of Shoichiro Toyoda, the man who led the company to prominence. Akio Toyoda served as the president of Toyota Motor Corporation from 2009 to 2023. Today, Toyota is one of the largest automobile manufacturers in the world. Akio Toyoda is also the grandson of Shinshichi Iida, the founder of the Takashimaya department store company.

Toyota Stock Holdings

Based on Toyota's last detailed public disclosures from the early 2020s, Akio Toyoda controlled approximately 4,752,895 Toyota ADR–equivalent shares, representing well under 1% of the company. When Toyoda stepped down as CEO in April 2023, Toyota shares were trading at roughly $140 per ADR, valuing his stake at around $665 million.

During Toyota's stock surge in early 2022, when ADR prices briefly exceeded $210 per share, Toyoda's holdings crossed the $1 billion mark on paper, making him a temporary billionaire based purely on market valuation. Subsequent share price gains in 2025–2026 again placed the value of his Toyota stake above the billion-dollar threshold, despite his ownership remaining a fractional stake in the publicly traded company.

At the time of his retirement in 2009, Shoichiro Toyoda, Akio's father, owned approximately 11,176,193 Toyota ADR–equivalent shares, according to company disclosures from that period. Shoichiro Toyoda died in 2023. There has been no public filing indicating that Akio inherited or personally absorbed this entire block of shares, suggesting the holdings were sold, distributed among heirs, or transferred into private family entities not disclosed under Akio's individual name.

Akio Toyoda Does Not Own 92% Of Toyota

The idea that Akio Toyoda owns 92% of Toyota briefly entered the public conversation after a lighthearted anecdote shared by Donald Trump during remarks at the World Economic Forum. Trump recounted a joking exchange in which Toyoda supposedly claimed overwhelming ownership of the company, a line that drew laughter from the audience and quickly circulated online as if it were a statement of fact.

In reality, the claim is not even close to true. Toyota is a publicly traded global corporation with a widely dispersed shareholder base, and no individual or family owns anything resembling a controlling stake. Akio Toyoda's personal ownership has historically amounted to a small fractional percentage of the company, measured in tenths of a percent rather than double digits. His wealth, while substantial, comes from a minority position in Toyota stock, not from majority ownership.

Salary

In his final year as CEO, Akio Toyoda's base salary totaled 685 million yen, equivalent to roughly $5 million USD at contemporary exchange rates. His compensation was modest by global CEO standards, reflecting Toyota's traditionally conservative executive pay structure rather than the scale of the company itself.

TORU YAMANAKA/AFP/Getty Images

Early Life and Education

Akio Toyoda was born on May 3, 1956, in Nagoya, Japan, as the eldest son of Hiroko and Shoichiro. Born to an industrial family, his great-grandfather, Sakichi Toyoda, was the founder of Toyoda Automatic Loom Works, while his grandfather, Kiichiro Toyoda, founded Toyota Motor Corporation. Another grandfather, Shinshichi Iida, was the founder of the Takashimaya department store corporation. The family line has long dominated the upper management of these businesses.

For his higher education, Toyoda went to Keio University in Tokyo, Japan, where he earned an undergraduate law degree. He subsequently moved to the United States for graduate school, attending Babson College in Wellesley, Massachusetts. From that institution, Toyoda obtained his Master of Finance degree. He went on to return to Japan to join the family business in 1984.

Toyota Motor Corporation

As the grandson of the founder of Toyota Motor Corporation, Toyoda joined the company's board of directors in 2000. Five years later, he was promoted to executive vice president. Finally, in early 2009, Toyoda was named the new president of the company, succeeding Katsuaki Watanabe. As a passionate driver and auto racing fan, he spent much of his time as president promoting Toyota's sports models, such as the Lexus IS F and Lexus LFA. Moreover, under the pseudonym Morizo Kinoshita, Toyoda participated in various racing events, including the 2009 24 Hours Nürburgring. In 2016, he approved the development of the GR Yaris and went on to test drive the car at a track in Hokkaido. Although he crashed the first test car, Toyoda continued to drive further development prototypes.

One of the most notable events that happened during Toyoda's presidency was the massive global recall of Toyota vehicles from 2009 to 2010. In the wake of the recall, he was invited to testify before the United States Congress. Accompanied by Toyota Motor North America president and COO Yoshimi Inaba, Toyoda apologized for the quality control issues and reasserted the deep historical ties between Toyota and the United States. Since then, the company has trended toward multiple concept cars with battery electric drivetrains. On April 1, 2023, Toyoda stepped down as president of Toyota and became chairman of the board.

Personal Life

Toyoda is married to his wife Yoki, the daughter of the former director of Mitsui Bank. Together, they have a son named Daisuke.

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