Mate Rimac

Mate Rimac (Croatian: [mǎːte rǐːmats]; born 12 February 1988) is a Croatian entrepreneur and engineer. He is the founder and CEO of the Rimac Group, a business which includes Bugatti Rimac – composed of the Bugatti Automobiles and Rimac Automobili brands – and Rimac Technology, a supplier of technology to automotive brands. He also founded Greyp Bikes, a high-tech eBike and eBike technology company which was taken over by Porsche AG and is now known as Porsche eBike Performance GmbH. According to Nedeljnik, as of December 2025, Rimac's estimated net worth was €1.74 billion, making him the second-richest individual in Croatia. During his high-school years, Rimac won local, national and international competitions for electronics and innovation. At 19 years old, Rimac started to convert a 1984 BMW 3 Series into an electric car in his garage. The vehicle broke several world records for electric cars. He then went on to create his first all-electric supercar, the Concept One, in 2011 at the age of 23. His company, Rimac Automobili, went from its first employees in 2011 to more than 1,000 employees in 2020, with major investment from Porsche AG, Hyundai-Kia and Camel Group. In addition to developing and manufacturing electric sports cars, Rimac provides electric vehicle technologies and systems for many brands in the auto industry. It is publicly known to be working with, or producing components for Porsche, Hyundai, Kia, Renault, Jaguar, Aston Martin, SEAT, Koenigsegg and Automobili Pininfarina. Rimac's second car, designed, engineered, and built in-house, is the Nevera. Rimac has previously turned down offers to move his business out of the country, stating that his goal is to bring automotive manufacturers to Croatia. Motor Trend has ranked Rimac ninth on their list of the biggest players in the auto industry, Forbes named Rimac one of the Top...