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Wolfgang Porsche
Person ExecutiveAustrian-German automotive magnate Wolfgang Porsche is selling his Salzburg villa after a tunnel plan row.
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Wolfgang Porsche, an Austrian-German automotive magnate and member of the prominent Porsche family, is currently in the news due to the unexpected sale of his historic 17th-century villa on the outskirts of Salzburg. Porsche had purchased the villa in 2020 for €8.4 million and recently obtained permission to build a private 500-meter tunnel, estimated to cost €10 million, intended for his car collection. However, following a public uproar over the controversial "tunnel for one," Porsche appears to have abandoned these plans and put the villa on the market. This development has prompted a campaign by Austrian cultural figures to acquire the villa, which was once home to the renowned writer Stefan Zweig, aiming to preserve it for cultural purposes. The situation highlights Porsche's significant wealth and influence, as well as the public's reaction to large-scale private projects impacting historical or cultural sites.
Last updated: August 12, 2026
