Mary Barra Net Worth, Early Life, Education, Professional Career Highlights, Awards, Husband and Personal Life

ary Barra net worth elevated as she became the Chairman and CEO of General Motors Company turning into the first female CEO of a major global automaker.

Synopsis

Born in 1961, Mary Barra has served as the Executive Vice President of Global Product Development, Purchase and Supply Chain at General Motors. Following the position, she became the Chief Executive Officer of General Motors Company in 2014. Mary Barra net worth came to rise with her being the first female CEO of global automaker.

Birth and Early Life

Mary Barra was born Mary Teresa Makela on December 24, 1961 in Royal Oak, Michigan. She is an American and has Finnish descent from her parents. Her father Ray Makela worked as a die maker for 39 years.

Education

Regarding education, Barra attended Waterford School in Michigan and graduated from Waterford Mott High School. After high school, she went to General Motors Institute, currently known as Kettering University. She graduated earning Bachelors of Science degree in electrical engineering. Later, she enrolled in Stanford Graduate School of Business on GM fellowship. She graduated in 1990 earning Masters in Business Administration.

Professional Career Highlights

Mary Barra was only 18 years old when she started her journey of professional career. She started her career working for General Motors as a co-op student in 1980. Subsequently, Barra ran through various positions of engineering and administration which gave her enough idea, knowledge and experience. As a result, Mary Barra net worth reached height when she became the manager of the Detroit/Hamtramck Assembly plant.

In the beginning of 2008, Barra became the Vice President of Global Manufacturing Engineering which persisted for a year. The following year, Mary Barra net worth climbed a new level as she became the Vice President of Global Human Resources and stayed on this position until 2011. She advanced to Executive Vice President of Global Product Development in 2011 during the time of which she worked designing and reducing automobile platforms in GM. With her excellent performance, she got a new role and responsibility in Global Purchasing and Supply Chain.

Mary Barra net worth rose as she climbed the position higher and higher. When she was the CEO of General Motors, the company had to issue 84 product recalls which involved Barra’s 30 million cars. She was summoned to testify about the recalls and faulty ignition switch. It was during the same time, Barra and General Motors came under suspicion to polish their image. It followed at least 124 deaths due to which GM established victim compensation fund that paid $600 million.

Awards and Honors

The first female CEO of global automaker, Mary Barra net worth grew with her works and the prestige she earned with her position. In 2016, Forbes listed her fifth Most Powerful Women while she was in 35^th position in 2013. Similarly, Fortune listed her in number 1 Most Powerful Women list in 2015 and 2016. Time magazine featured Mary Barra n their cover page of “100 Most Influential People in the World”. Barra attended a business forum in 2016 assembled by Donald Trump so as to provide strategic and policy advice on economic issues.

Personal Life, Husband and Children

Mary Barra married consultant Tony Barra whom she met while she was a student in Kettering University. The couple has two children. They live together in Northville, Detroit. Her favorite cars are Chevrolet Camaro and Pontiac Firebird.

Apart from her regular profession and position in General Motors, she is also the member of the General Dynamics Board of Directors. In addition, Barra serves as Board of Directors of the Detroit Economic Club. The member of Business Council, Mary Barra net worth rose as she became the member of Stanford University Board of Trustees. Similarly, her other positions include being Advisory Council in the Stanford Graduate School of Business and the Board of Trustees for Detroit Country Day School.

Salary and Net Worth

In the list of world’s top paid CEOs, Mary Barra falls as one. The lead to an automaker, Mary Barra net worth hiked as she earned $22.1 million in 2016. Her estimated salary is $6.8 billion; however, her net worth is not available.

#The World’s  Most Powerful Women