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Bugatti Rimac

Founders

Who Founded Bugatti Rimac?

Mate Rimac, Ettore Bugatti · Founded 2021 · HQ today: Sveta Nedelja, Zagreb County, Croatia

Who founded Bugatti Rimac?

Bugatti Rimac was founded by Mate Rimac, Ettore Bugatti in 2021. It is now led by Mate Rimac.

Founders
Mate Rimac, Ettore Bugatti
Founded
2021
Headquarters
Sveta Nedelja, Zagreb County, Croatia
Number of founders
2
Current CEO
Mate Rimac (since 2021)
Where was Bugatti Rimac founded?
Bugatti Rimac was founded in Sveta Nedelja, Croatia in 2021.
When was Bugatti Rimac founded?
Bugatti Rimac was founded in 2021.
Who started Bugatti Rimac?
Bugatti Rimac was founded by Mate Rimac and Ettore Bugatti.
How old is Bugatti Rimac?
Bugatti Rimac is 5 years old as of 2026.

Founding Story

Mate Rimac's first electric car was a 1984 BMW 3 Series that he converted himself in Croatia after its petrol engine failed. Unhappy with the parts he could buy, he began designing his own batteries, motors and controllers, and the car, nicknamed the Green Monster, went on to set electric-vehicle acceleration records. He founded Rimac Automobili in 2009, showed the Concept_One electric hypercar at the 2011 Frankfurt Motor Show and supplied battery and powertrain engineering to other carmakers. Porsche invested in 2018, and in 2021 Rimac's company took control of Bugatti.

What each Bugatti Rimac founder did

FounderRole at foundingContributionSource
Mate RimacFounder of Rimac Group; CEO of Bugatti Rimac—en.wikipedia.org
Ettore BugattiHistoric Founder (Bugatti)——

Mate Rimac

Co-founder 2021

Background

Mate Rimac holds a background steeped in highly advanced, self-taught electrical engineering and relentless mechanical innovation. Growing up in Bosnia and Croatia, he won multiple international awards as a teenager for inventing advanced electronic systems, such as the 'Active Mirror System' to eliminate blind spots. This incredibly deep, hands-on background in pushing the absolute limits of raw electronic hardware provided the essential technical foundation for engineering the world's fastest electric hypercars.

Role at Bugatti Rimac

Mate Rimac is a Croatian entrepreneur, born in Livno, Bosnia and Herzegovina, who grew up partly in Germany before settling in Croatia. He began by converting a 1984 BMW 3 Series to electric power, designing his own batteries and motors, and founded Rimac Automobili in 2009 in a country with no car industry. Rimac supplied battery and powertrain engineering to other carmakers, drew investment from Porsche in 2018 and Hyundai, and built the Concept_One and the Nevera. In 2021 he became CEO of Bugatti Rimac at 33, and in September 2026, when Porsche's exit closed, he also became President of Bugatti Automobiles.

Mate Rimac was born in 1988.

Ettore Bugatti

Co-founder 1909

Background

Ettore Bugatti came from a highly prestigious background of celebrated Italian artists and craftsmen; his father was a renowned Art Nouveau furniture and jewelry designer. This deeply ingrained artistic background profoundly influenced his approach to engineering, leading him to design engines and chassis components that were not only mechanically brilliant but also visually flawless, establishing the unique aesthetic DNA of the Bugatti brand.

Role at Bugatti Rimac

Ettore Bugatti (1881 to 1947) was an Italian-born car designer who founded Automobiles E. Bugatti in Molsheim, Alsace, in 1909. He treated cars as both machines and art, building the Type 35, one of the most successful racing cars of the 1920s, and the Type 41 Royale. The brand faded after his death, was revived by Volkswagen in 1998 and has been part of Bugatti Rimac since 2021, with cars still built in Molsheim.

Bugatti Rimac: CEO & Leadership History

Full timeline →

Marko Brkljačić

Chief Operating Officer

2026 – Present

As Chief of Staff and CFO, he played a critical role in negotiating the unprecedented joint venture with Porsche AG and Volkswagen Group that placed Bugatti under Mate Rimac's control.

Mate Rimac

Chief Executive Officer; President of Bugatti Automobiles from September 2026

2021 – Present

Leads both the Rimac Nevera and the Bugatti Tourbillon programmes, and founded and still runs Rimac Group as founder and president.

Christophe Piochon

President of Bugatti Automobiles and Chief Operating Officer of Bugatti Rimac

2021 – 2026

Spent 24 years at Bugatti, from quality director during the Veyron launch to president. Molsheim grew from about 70 staff in 2013 to nearly 200. He steps down with the 2026 leadership change and leaves on 31 October 2026.

Hendrik Malinowski

Managing Director of Bugatti Automobiles; Chief Commercial Officer from 2026

2021 – Present

Leads Bugatti's sales and customer side as the Tourbillon moves to deliveries.

Stephan Winkelmann

President of Bugatti (before the joint venture)

2018 – 2021

He served as President of Bugatti immediately prior to the merger with Rimac, ensuring the company achieved consistent profitability before the Volkswagen Group divested its direct control.

Keep researching Bugatti Rimac

Who Founded Bugatti Rimac? FAQ

Who founded Bugatti Rimac?

Bugatti Rimac was created in 2021 by Rimac Group, founded by Mate Rimac, and Porsche AG. The Bugatti brand itself was founded by Ettore Bugatti in Molsheim in 1909.

Who was Ettore Bugatti?

An Italian-born car designer (1881 to 1947) who founded Automobiles E. Bugatti in Molsheim in 1909 and built cars such as the Type 35 racer and the Type 41 Royale.

How did Mate Rimac start?

He converted a 1984 BMW 3 Series to electric power in Croatia, designing his own batteries and motors, and the car set electric acceleration records. He founded Rimac Automobili in 2009.

What was the Rimac Concept_One?

Rimac's first electric hypercar, shown at the 2011 Frankfurt Motor Show with four motors and 1,088 hp.

How old was Mate Rimac when he took over Bugatti?

He was 33 when Bugatti Rimac began operating in 2021, and 38 when he became President of Bugatti Automobiles in September 2026.

Who founded Rimac?

Mate Rimac founded Rimac Automobili in 2009 in Croatia. Ettore Bugatti founded the original Bugatti brand in 1909 in Molsheim, France.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.