Akio Toyoda Biography, Age, Net Worth, House, Cars, Son, Daughter, Wife, Salary & Education

Biography

Akio Toyoda is a Japanese business executive. He is the chairman of Toyota Motor Corporation after previously serving as the company’s president and chief executive officer (CEO). He is a great-grandson of the industrialist Sakichi Toyoda and a grandson of both the founder of Toyota Motors, Kiichiro Toyoda, and the founder of the Takashimaya department stores corporation, Shinshichi Iida. Toyoda stepped down as Toyota president and became chairman of the board on 1 April 2023. He was succeeded as CEO by Toyota’s chief branding officer, Koji Sato.

Age

Akio Toyoda was born on 3 May 1956, in Nagoya to Shoichiro Toyoda and Hiroko (née Mitsui). He is the great-grandson of Sakichi Toyoda, founder of the Toyoda Automatic Loom Works, and grandson of Toyota Motor Corporation founder Kiichiro Toyoda.

Since the days his carpenter-farmer great-great-grandfather, Ikichi Toyoda, taught his son fabrication and carpentry, the Toyoda family line has dominated the upper management of the family businesses. Akio was reported to have been the chief contender for the family business when Katsuaki Watanabe was reassigned as Vice-Chairman in the wake of the quality control crisis.

Net Worth

According to Celebrity Net Worth, Akio Toyoda is worth $600 million. He served as the president and CEO of Toyota Motor Corporation from 2009 to 2023. He now sits as the company’s chairman.

CNW also reports that “Akio Toyoda controlled 4,752,895 shares of Toyota stock. On the day he stepped down in April 2023, Toyota’s stock was trading at around $140 per share. At that level, Akio’s shares were worth $665 million. In January 2022, Akio Toyoda was briefly a billionaire (on paper) when Toyota stock hit $210 per share.”

House

There is no information about Akio Toyoda’s house on the internet.

Cars

Akio Toyoda is the chairman of Toyota Motor Corporation.

Son

Akio Toyoda is the father of Daisuke Toyoda. Daisuke is the Senior Vice President of Woven Planet Holdings and the Representative Director of Woven Alpha. The company develops advanced technology for self-driving cars. In January 2021, he “became representative director of Woven Alpha that is in charge of Woven City, a smart city being built in Shizuoka Prefecture in central Japan by the Toyota group.”

Daisuke graduated from Keio University in Tokyo and then studied abroad. On his return, he worked at an investment company before joining Toyota in April 2016.

Following the appointment of Sato as the new CEO of Toyota,
analysts described him as one of several interim chief executives until Akio Toyoda’s son, Daisuke, currently in his early 30s and serving as senior vice-president of the company’s self-driving unit Woven Planet, is ready to head the group.

In March 2021, Kyodo News reported that Daisuke would marry a former star of Japan’s Takarazuka all-female musical troupe. He had reportedly met Mayu Yoshihara, 26, who was active in Takarazuka as Hitomi Seira, in February 2020 when they watched the same musical. Seira has also appeared in TV dramas such as the NHK morning series “Ochoyan.”

Daughter

There are no reports about Akio Toyoda’s other children on the internet. However, Daisuke Toyoda has been referred to by the media as Akio’s “oldest son.”

Wife

Akio Toyoda does not share details of his personal life with the public. In January 2022, a New York Times reporter, Hiroko Tabuchi, tweeted, “I was today years old when I learned that Toyota CEO Akio Toyoda’s wife’s name is… Hiroko Tabuchi (now Hiroko Toyoda). Daughter of Mitsui Corp executive Mamoru Tabuchi. Who knew.”

Another user, @keiko_sono had tweeted, “I had a classmate named Hiroko Tabuchi (田淵裕子）who married Akio Toyota as soon as she graduated from high school.”

Salary

According to Celebrity Net Worth, Akio Toyoda’s base salary at the time he stepped down was 685 million yen, which is roughly around $5 million USD.

Education

Akio Toyoda went to Keio University in Tokyo, Japan, where he earned an undergraduate law degree. Toyoda completed his undergraduate degree in law at Keio University. He was awarded his Masters of Finance at Babson College, Massachusetts. He joined the family business in 1984.