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Founder Profile

Mate Rimac

Last reviewed: October 2026 · By Swet Parvadiya

Who is Mate Rimac?

Mate Rimac is a founder of Bugatti Rimac, which was founded in 2021 with Ettore Bugatti.

Company founded
Bugatti Rimac
Founded
2021
Co-founders
Ettore Bugatti

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.

Founding Story

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.

Sources

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.