Lewis Hamilton Net Worth 2024: Income, Salary, Career, Bio

Lewis Hamilton is a British Formula One racer whose net worth is $285 million. He competes for the Mercedes AMG Petronas F1 team. Forbes ranked him as the #17 highest-paid athlete in the world in 2022 and the #40 in the top 100 in 2020.

Hamilton owns several Formula One records, including the most victories, pole positions, and podium finishes. He also holds a record-tying seven World Drivers’ Championship championships (tied with Michael Schumacher).

He has competed in races for Mclaren (2007–12) and Mercedes (2013–present). Times magazine named him one of the 100 most influential people in the world in 2020.

Lewis Hamilton Net Worth (2024)

Net Worth (2024)$285 Million
ProfessionRacer
NationalityBritish
Age39 Years
BornJanuary 7, 1985
Income$30 Million+
Last Updated2024

Lewis Hamilton’s Net Worth Growth

Net Worth in 2024$285 Million
Net Worth in 2023$260 Million
Net Worth in 2022$240 Million
Net Worth in 2021$200 Million
Net Worth in 2020$180 Million
Estimated net worth growth of Lewis Hamilton.

Income & Salary

Following his departure from McLaren in 2015, he agreed to a contract with the Mercedes F1 team that was estimated to be worth $31 million and included a $10 million incentive that was guaranteed to be paid each year.

$120 million is the total sum. His contract with Mercedes was renewed until 2020 after his wage increased to $42 million in 2018. Hamilton earned an estimated $30,000,000 from 2014 to 2015 and $29,000,000 from salaries and wins in 2014.

He has netted a total of $57 million combining his salary and winnings. Hamilton earned the highest yearly income in the world as of 2022, totalling $36 million. Hamilton earned $3,000,000 in 2015, $3,000,000 in 2014.

He earned $1,500,000 in 2013 through various endorsements and $3,000,000 as annual compensation from his Reebok sponsorship in 2012, according to Forbes. Hamilton’s earnings from endorsements alone have reached $8 million as of now.

Early Life

Lewis Hamilton was born on January 7, 1985, to Carmen and Anthony Hamilton in Hertfordshire, England. He lived with his mother and later with his father after his parents got divorced.

His father gave him a go-kart for Christmas seeing his obsession with cars. During his time at The John Henry Newman School, Hamilton played football on a regular basis.

He earned the title of the best Karting player at the age of 15, a title he continues to hold today. He would later admit that, at one point in his life, he thought about playing football but ultimately chose to concentrate on karting.

Career

In the history of Formula 1, Lewis Hamilton has achieved the greatest success. He has 165 podium finishes, 95 wins, and 98 pole positions to his credit. Hamilton was accepted into McLaren’s young driver program in 1998.

He grew up in Stevenage, Hertfordshire. He became the first black driver to compete in a Formula One race in 2007 while driving for McLaren. Kimi Räikkönen eventually defeated Hamilton, who set numerous records in the process.

He won his first title in thrilling fashion the following season, becoming the then-youngest Formula One World Champion in history by making a key overtaking on the final corner of the final lap in the season’s final race.

Hamilton joined Mercedes in 2013 following another four years with McLaren. At the start of Hamilton’s successful tenure, during which he won 6 drivers’ titles, regulations for 2014 were changed for the usage of turbo-hybrid engines.

To equal the three World Championships of his idol Ayrton Senna, Hamilton claimed consecutive championships in 2014 and 2015 amid a fierce battle with teammate Nico Rosberg.

After Rosberg retired, Sebastian Vettel of Ferrari became Hamilton’s main rival in two close championship races. Hamilton twice overcame point deficits midseason to win consecutive championships again in 2017 and 2018.

In 2019 and 2020, respectively, Hamilton won his third and fourth consecutive championships, tying Schumacher’s record of 7 championship titles. He was given the name Carl Lewis after the Olympic sprint winner.

Awards and Achievements

Throughout his career, Hamilton has earned various awards, titles, and records excelling in his sport. His awards include the Best Driver ESPY Award (2017), the Laureus World Sports Award for, Breakthrough of the Year (2008).

He won the Laureus World Sports Award for Sportsman of the Year (2020), and BBC Sports Personality of the Year Award (2014-2020), among others. He also has been Awarded a Knighthood on UK’s new year honours list in 2021.

Other Endeavors

Hamilton debuted the TOMMYXLEWIS apparel brand in 2018. He opened Neat Burger, a vegan restaurant, in 2019. X44 was named the first recipient of the Extreme E Sustainability Award in 2020.

In Los Angeles, the PORTL hologram made its American debut in 2021. Hamilton was one of a group of well-known investors who bought the ailing fashion magazine W in 2020.

Endorsement Deals

Hamilton is the most marketable athlete. In 2018, the fashion-conscious driver began working with Tommy Hilfiger. In addition to this, he is sponsored by brands like Monster Energy, Puma, Reebok, IWC, and Sony.

He also endorsed brands like Bose, Vodafone-USD, Bell Helmets, MV Agusta Motorcycles, and others. Additionally, he serves as Gran Turismo Sport’s official face and ambassador.

Relationships

Lewis Hamilton was romantically involved with Nicole Scherzinger, a well-known American singer, and they ultimately parted ways in 2015, citing their hectic schedules.

The reason for their separation. It was made after a lot of rumours about them breaking up and getting back together. Moreover, Hamilton has dated several women in the industry.

Controversies

lewis-hamilton-controversies

He has often courted controversy with his on-track manoeuvres and off-track comments. He is heavily scrutinized for everything he says because he is so well-known. He faced racial taunts from certain Spanish fans while competing in Spain.

His fierce competition with Fernando Alonso, a Spanish rider, encouraged some of the racial taunts directed at Hamilton from Spanish fans. Lewis acknowledges that his intense competition has occasionally led to conflict with other drivers.

Additionally, Hamilton has come under fire from certain MPs for evading UK taxes by relocating abroad. He declared that he was a vegan and had stopped drinking in 2017.

Lewis Hamilton‘s Biography

Real NameLewis Carl Davidson Hamilton
Nick NameLewis
Age39 Years Old
HeightIn Feet –  5 Feet 8 Inches
In Meters – 1.74 m
In Centimeters – 174 cm
WeightIn Kilograms – 73 Kg
In Pounds – 160 lbs
FamilyFather –   Anthony Hamilton
Mother – Carmen Larbalestier
Sisters – Samantha Lockhart, Nicola Lockhart
Brothers – Nicolas Hamilton
GirlfriendCamila Kendra
WifeN/A
Children’sN/A

“I feel like people are expecting me to fail; therefore, I expect myself to win.”

Lewis Hamilton

Lewis Hamilton Social Media Profiles

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Charity

Lewis Hamilton has vowed to help organizations like Save the Children, Education Africa, UNICEF, and a few more. He is a vegan by choice and openly promotes veganism to protect animals and the environment from climate change.

He was selected the 2018 Personality of the Year by PETA in recognition of his work to protect animals. Hamilton pledged to donate $50000 in January 2020 to help Australian bushfire-affected animals. He also runs his own charity.

Lewis Hamilton Assets

Lewis Hamilton’s assets and personal wealth are shown below. More about his house, automobile, accessories and yacht collections can be found in the sections below.

House

Lewis Hamilton is the owner of a number of opulent homes, including one mansion in Monte Carlo, an apartment in New York, one mansion in Kensington, West London, and an estate in Colorado.

Reportedly, he has already sold a few of these houses. He is currently residing in his lavish Monte Carlo home. In Kensington, West London, Lewis Hamilton is the owner of a four-story, $25 million mansion.

It features a gorgeous bathroom, six opulent bedrooms, and a 200-foot lush yard with a wonderful summer house. It also includes 4 reception rooms for unofficial meetings. It was constructed in 1860.

In Luins hamlet, Nyon, he also owns a luxurious condominium in Geneva that is housed atop a six-story building. Hamilton also has a $15 million condo with four baths, a steam room, and a 300-square-foot sun deck in Monaco.

Cars Collection

Hamilton is the owner of a number of exotic and high-performance cars, including the Pagani Zonda 760 LH, 1966 Shelby Cobra 427, Mercedes AMG SLS Black Series, McLaren P1, La-Ferrari, and a Mustang Shelby GT500. All worth $15 million.

A Private Jet

Hamilton also possessed a $16.5 million Bombardier Challenger 605 private jet with the registration G-LDCH, which goes for Lewis Carl Davidson Hamilton. Although he no longer possesses a private jet.

A Private Yacht

Hamilton also has a privately owned T Sun-seeker yacht worth $3 million pounds. The 90-foot-long sailboat is frequently spotted in million-dollar areas like Monaco and Nice.

Summary

As of 2024, Lewis Hamilton’s net worth is estimated at around $285 million. Lewis Hamilton is one of the richest racers in the world with an annual salary of $30 million.

He has been the most successful British F1 driver of all time, having earned the most career points and victories on various circuits. Out of the 233 Formula One races he has competed in, he has won 79. He achieved seven world titles.

Hamilton’s enormous wealth has been accumulated through a combination of his Mercedes racing contract and his personal endorsements. One of the best Formula One driver of all time, Hamilton keeps improving as a competitor.

Lewis Hamilton frequently receives comparisons to Michael Schumacher, a legendary racer. Moreover, on social media, Hamilton is also active and incredibly popular.

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