Lewis Hamilton’s Net Worth
British Formula One racer Lewis Hamilton has a net worth of $285 million, making him one of the richest drivers in the sport. Hamilton is recognized by many as one of the sport’s all-time best drivers.
Lewis is one of the world’s most highly paid Formula One drivers. His Mercedes contract, which pays him $40 million annually, accounts for the bulk of his $50 million yearly earnings.
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Lewis Hamilton’s Early Life
Lewis Carl Davidson Hamilton was born in Stevenage, England, on January 7, 1985. Carmen, his mother, is white, and Anthony, his father, is black. Hamilton considers himself to be a member of the African diaspora. Until he was 12 years old, he lived with his mother and half-siblings after his parents divorced when he was two years old. After that, Hamilton moved in with his father, stepmother, and half-brother, Nicolas.
Hamilton began training in karate at the age of five as a form of self-defense. At school, he was bullied. His father purchased him a remote-controlled automobile when he was six years old. On his return to the British Radio Car Association championship, Hamilton finished in second place the next year.
His father gave him a go-kart for Christmas when he was six years old. Lewis was a student at the John Henry Newman School in Hertfordshire, a catholic boarding school. In high school, he was also a soccer player. From the beginning of 2001, he attended Cambridge Arts and Sciences.
Professional Life
Hamilton joined McLaren’s young driver program in 1998. In 2007, he was officially signed on as a Formula One McLaren driver. In the history of the sport, he is the first and only driver of color to compete. In 2007, he came in second to Kimi Räikkönen. For the first time in his career, Lewis Hamilton won the Formula One World Championship in 2008. In 2013, he agreed to drive for Mercedes.
The five more World Championships that Hamilton has won since 2014 include his 2014 and 2015 victories, which were back-to-back. In 2017, 2018, and 2019, Hamilton won back-to-back championships for the second time in his career. As of this writing, he has won six World Championships.
During New York Fashion Week in 2018, Hamilton and models Winnie Harlow and Hailey Baldwin debuted their apparel brand, TOMMYXLEWIS, designed in collaboration with American designer Tommy Hilfiger.
Lewis Hamilton’s on-track and off-track antics have drawn attention throughout his racing career. He is frequently in the public eye, and his statements are examined.
He was subjected to racial slurs from some Spaniards while competing in Spain. His rivalry with Fernando Alonso, a Spaniard, led to insults directed at Hamilton from his home country’s fans. His competitive nature has caused some friction with other drivers.
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Hamilton signed a two-year contract extension with Mercedes the week before the 2018 German Grand Prix. An estimated $50 million a year is said to be generated by it.
In June 2020, Lewis Hamilton announced that he would be racing in a new, all-black Mercedes in solidarity with Black Lives Matter in the upcoming Formula One season. Formula One driver Lewis Hamilton has been outspoken about the lack of diversity in the sport.
Hamilton designed the car, which made its premiere over the 4th of July weekend in Austria when the delayed Formula One season finally got underway. The Black Arrow was Hamilton’s brainchild.
Lewis Hamilton’s Personal Life
It was reported in November 2007 that Hamilton was seeing Pussycat Dolls frontwoman, Nicole Scherzinger. Even though they had a breakup in early 2010, they were sighted together at the Turkish and Canadian Grand Prix in 2010. Between 2011 and 2015, the couple went through multiple breakups and reconciliations before calling it quits for good in February 2015.
There have been reports that Rihanna was involved with him after splitting from Scherzinger. Other alleged ex-girlfriends include singer/actress Winnie Harlow, Miss Finland Lotta Hinsa, Vivian Burkhardt, Rita Ora, and Sofia Richie. Nicki Minaj was also romantically linked to him. In Dubai, they had a romantic getaway.
Hamilton adheres to the vegan lifestyle. Criticism of Lewis Hamilton’s tax avoidance has been voiced by certain British MPs.
Hamilton was named after Olympic sprinter Carl Lewis.
Lewis Hamilton’s Salary Highlights
Lewis Hamilton made roughly $50 million in endorsements and prize money between June 2016 and June 2017. He made $51 million between June 2017 and June 2018. He made $55 million in the next year.
Hamilton was the highest-paid sportsman in the United Kingdom in 2015, according to Forbes. He has the highest salary of any Formula One driver in history.
Property Ownership
His Manhattan penthouse was put on the market for $57 million in the first quarter of 2019. The 8,900-square-foot penthouse apartment is located in the same Tribeca building as Justin Timberlake and Jessica Biel, Meg Ryan, Jake Gyllenhaal, and Bella Hadid.
In 2017, Hamilton paid $43.9 million for it. He sold it for $50 million in December of that year. Apparently, he didn’t even live there… A possible explanation for this could be his nearby 70 Vestry Street apartment that he purchased in 2019 for $40.7 million.
Located in Kensington, West London, Hamilton’s mansion was built in 1860 and has six bedrooms. It is worth $25 million. Additionally, Hamilton owns properties in Nyon, Switzerland, and Monaco.
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