What is Carlos Ghosn’s Net Worth?
Introduction
Carlos Ghosn is a Brazilian-born French businessman.
Ghosn is most well-known for his role as CEO of Michelin North America and Renault, AvtoVAZ, and Nissan.
Carlos Ghosn’s net worth was approximately $120 million as of July 2022.
Early Life
Carlos Ghosn was born on March 9, 1954 in Porto Velho, Brazil. His secondary education was at College Notre-Dame de Jamhour in Beirut, Lebanon.
Ghosn graduated from Ecole Polytechnique with a degree in engineering in 1978 and then continued his studies at the Ecole des Mines de Paris. He was offered a job with Michelin & Cie, France’s largest automotive supplier after his graduation.
Career
Ghosn, who was just 30 years old, was appointed CEO of Michelin’s South American operations worth $300 million. He was required to travel to Rio de Janeiro to report to Francois Michelin.
Ghosn’s innovative business strategies and smart decisions made the division profitable in just two years. He was named CEO and Chairman of Michelin North America in 1990.
Ghosn purchased a 36.8% share in Nissan in 1999 and quickly became the CEO. He was elected president of the company in 2000. Ghosn kept his Renault positions. He joined Nissan with a $20 billion debt and few models that were profitable.
Ghosn once again worked his magic and was even criticized by the Wall Street Journal for his unconventional methods. These accusations were false. Nissan’s profit rose from a loss of over $6 billion to $2.7 billion.
Forbes magazine says Ghosn is “the hardest-working man in the fiercely competitive global automotive business”. Ghosn is called “Seven-Eleven”, a Japanese term.
Highlights
Here are some of the best highlights of Carlos Ghosn’s career:
- Ghosn is the chairman/CEO of Renault, AvtoVAZ, Nissan, and Mitsubishi Motors
- He was ranked as one of the 50 most famous men in global business and politics (2003)
Three Lessons From Carlos Ghosn About Leadership
We now know everything about Carlos Ghosn’s net worth and how he became a success. Let’s look at the most important leadership lessons that we can learn from him.
1. Multicultural Environments
Intuition, reflexes, and instincts will be developed by growing up in multicultural environments.
Although you may develop some basic responsiveness in later life, it is not going to be as natural as when you were a child.
2. Leadership
Leadership is about transforming complex situations into manageable pieces and prioritizing them.
3. Being a CEO
Two conditions are required for CEOs: First, the shareholders must trust you and want to see you lead your company.
Second, you must feel motivated to do the job. As long as you are both reunited, you can continue doing the job.
Favorite Quotes From Carlos Ghosn
Commitment. This is my favorite word. People who are committed are more interesting, more reliable, and more profound than those who aren’t.
If you don’t explain clearly why you are making the change, how you will do it and the results you expect, you won’t be able to implement change in Japan. You won’t be able to implement the change if you don’t explain or offset one of these three steps.