Lewis Hamilton’s Net Worth: How the F1 Star Amassed a £300 Million Fortune

Lewis Hamilton, 39, is a household figure in racing and widely regarded as one of the greatest drivers of all time.

After nine years with Mercedes, Lewis confirmed at the beginning of the year that he would be joining Ferrari on a multi-year contract. He has already won the Formula One World Drivers’ Championship seven times, tying with Michael Schumacher. Despite Mercedes’ lack of form, the team is regaining traction, so with a home crowd behind him, will Lewis return to the top of the podium?

Lewis Hamilton's net worth - how F1 star made £300 million fortune | HELLO!

As a result of his achievements, he is currently one of the world’s wealthiest athletes. The sporting hero’s desire of becoming a race driver began when he was four years old, when his father, Anthony Hamilton, purchased him a remote-control car. The driver raced in championships as a child and placed second in the national BRCA championship the following year.

But have you ever wondered how much the star is worth and what is hidden in his secret fortune? Continue reading to learn all of the facts…

Networth

According to the Sunday Times Rich List, Lewis is predicted to be worth £300 million, making him the highest paid British sports celebrity in 2020, overtaking David Beckham. With 103 Grand Prix victories by 2024, it’s no surprise that the driver has earned such wealth.

Lewis was already one of the highest-paid drivers in the sport as of 2020, with an estimated annual salary of at least £30 million. However, after signing with Ferrari, Lewis is said to be earning $100 million each year, which is equivalent to £78.85 million.

In addition to his pay, Lewis receives many bonuses and advertising partnerships from worldwide businesses such as L’Oreal, Puma, and Tommy Hilfiger.

Sponsors

Lewis has £112 million in sponsorships for his racing gear alone. Monster Energy, Puma, Bose, Union Bank of Switzerland, Epson, and Tommy Hilfiger are among the companies that pay the athlete millions of dollars to have their logos displayed on his white polo shirt.

In addition to his sponsorships, Lewis is a brand ambassador for Tommy Hilfiger, a deal worth £4 million. Lewis also has a sponsorship contract with Puma for £1.5 million and is estimated to earn £6 million as the face of the Union Bank of Switzerland.

Tommy Hilfiger Taps Lewis Hamilton as Global Brand Ambassador – Footwear  News

One of his most significant deals, however, is with a completely different sport. In a deal worth more than £3 billion, the Formula One racer became a part-owner of the Denver Broncos, an NFL team.

Property

With plenty of money to spend, the British driver has acquired a substantial property portfolio. The star’s main center of operations is in Monte Carlo, just near to the Monaco Grand Prix circuit. Lewis’ neighbours include Max Verstappen, Daniel Ricciardo, and former teammate Valtteri Bottas.

The star once had a £40 million penthouse residence in Tribeca, New York City. The mansion included a swimming pool, squash court, and wine cellar, but despite its beauty and unrivaled views of the Hudson River, the Formula One driver rarely remained there. In 2021, he sold the house for £49 million. What a profit!

Lewis Hamilton se défend de réclamer une fortune pour resigner avec  Mercedes - Eurosport

Lewis also has a house closer to his roots, a fancy Kensington flat he purchased in 2017, as well as residences in Los Angeles and Colorado.

Car

Lewis Hamilton stood in front of a classic car

The F1 driver owns a large collection of high-end cars worth millions. His collection includes a custom-made purple Pagani Zonda worth £1.6 million, a £4 million 1966 Shelby 427 Cobra, and one of only 275 Mercedes-AMG Project One cars for £2 million.