Oliver Blume is a renowned personality in the automobile business and is currently the CEO of Porche.

He will start serving as the CEO of Volkswagen AG in September 2022. Since 2015, Blume has served as the Board of Management’s chair. Before this, he was on Porsche’s Board of Management and was in charge of production and logistics.

In 2018, Oliver worked as a member of the Group Board of Management.

He decided to join the Volkswagen Group in 1994 and has subsequently held management roles for the brands AUDI, SEAT, Volkswagen, and Porsche. He was born in Braunschweig.

The automaker currently outperforms Europe’s European rivals regarding EV development, with the creation of the VW Group’s modular EV platform, MEB. MEB is supported by a more environmentally friendly logistics strategy, including supply chain and battery stockpile.

What is Oliver Blume’s Net Worth And Salary?

According to People Ai, Oliver Blume has a massive net worth of $20.9 million.

Oliver is paid a total of $4,894,440 as the executive of Volkswagen AG. He is one of the top earning employees of the company, although eight executives earn more.

He has been named the next Chairman of the Group Board of Management by the Supervisory Board of Volkswagen AG. After September 1, he will assume this role and continue to serve as Porsche AG’s Chairman of the Board of Management, maybe after a potential Initial Public Offering (IPO).

He claims he is overjoyed to be in charge of Porsche AG and the Volkswagen Group. He will pay close attention to the consumers, brands, and goods. For him, the human element is always first and foremost. Success requires teamwork, fairness, and commitment for the Group and the brands.

He will guide the business long-term, and the Porsche team can count on him. Oliver stated that to establish Porsche as a leader in sustainable transportation, we must ensure its technological, financial, and cultural success.

Meet Oliver Blume’s Wife

Oliver Blume is married to his wife, Petra Blume, with whom he has two kids, ages 17 and 20.

The couple frequently goes to the Leipzig Opera Ball. Oliver is not active on social media; therefore, little is known about his personal life. He is mainly focused on his career.

Blume was raised in Braunschweig, which is much farther to the north. He was up in an area heavily influenced by the automotive sector, very close to the neighborhood Volkswagen plant and surrounded by numerous car parts suppliers.

He finished his engineering studies, which was a logical next step and one that allowed him to enter the automotive industry. He joined Audi as a trainee after receiving his degree, which marked the start of a challenging career path.

Since then, Blume has established himself through his accuracy, ambition, and decisiveness in numerous executive positions at Audi, SEAT, and Volkswagen. However, Oliver’s friends most admire him for his great fellowship and regard him as a true team player.

At Porsche, he is a boss but an intelligent strategist who appreciates a pleasant working environment and who cares about his staff. In his opinion, the results Blume has achieved for the Stuttgart-Zuffenhausen sports car manufacturer in recent years are largely due to the dedication and teamwork of his employees.

Oliver Blume Early Life & Family

Oliver was born on June 6, 1968, in Braunschweig, Germany.

Blume has not revealed any information about his family and relatives. He may have held his family’s details to protect their privacy.

After finishing high school, he studied mechanical engineering at the Braunschweig University of Technology. Blume received his diploma from an international training program at Audi in 1994.

He holds a Ph.D. in automotive technology. At the Institute of Vehicle Technology at Tongji University in Shanghai, he finished his PhD thesis and received a Doctor of Engineering in Vehicle Engineering degree in 2001.

Oliver was an Audi body shop and paint planner at 28. He assumed control of the Audi A3’s body three years later, and two more years later, he was named Executive Assistant to Production at Audi.

Blume spent five years in the SEAT production planning department and a further five years working for the Volkswagen brand. He was elected to the Porsche Executive Board in 2013 and was in charge of manufacturing and logistics there.