The world of Formula One is now witnessing the Growth of Numerous young drivers, led by Red Bull Racing’s Max Verstappen and Sergio Perez. The former has dominated the motorsports world in recent years. However, the age-old adage ‘Class is permanent’ never goes out of style, and Lewis Hamilton, the best ambassador of the F1 brotherhood in the current era, appears to be no exception.
Lewis Hamilton is widely recognized as one of the finest F1 drivers of all time, if not the greatest. He holds several motorsport records. The Briton’s most noteworthy record is his tie with former Formula One driver Michael Schumacher for the most World Drivers’ Championship titles. The 38-year-old driver also has the most career victories (103 races), pole positions (104 races), and podium finishes (195 races), among other notable statistics.
Lewis Hamilton has made an extraordinary contribution to the world of racing. He is frequently credited for increasing the worldwide fan base of Formula One through his extravagant lifestyle, environmental initiatives, and social advocacy. In 2020, Time magazine named him one of the 100 most influential people in the world, and in 2021, he was knighted in recognition of his achievements both on and off the track.
As he approaches the end of his successful career, we examine Lewis Hamilton’s flawless net worth, income, the pricey luxury items he possesses, his brand partnerships, and more.
| Category | Race car driver |
| Net worth | $300 Million |
| Salary | $60 Million Per Year |
| Birthdate | Jan 7, 1985 (39 years old) |
| Birthplace | Stevenage |
| Gender | Male |
| Height | 5 ft 8 in (1.74 m) |
| Profession | Race car driver, Voice Actor |
| Nationality | United Kingdom |
Personal Life of Lewis Hamilton
In November 2007, Hamilton started dating Nicole Scherzinger, the lead singer of the American girl band Pussycat Dolls. They broke up to focus on their respective careers in early 2010 but were spotted together at that year’s Turkish and Canadian Grands Prix. The couple split up and reunited several times between 2011 and 2015 before finally splitting up for good in February 2015.
Following his breakup with Scherzinger, he was said to have dated long-time buddy Rihanna for a period. He’s also said to have dated Rita Ora, Miss Finland Lotta Hinsa, Miss Grenada 2007 Vivian Burkhardt, model Winnie Harlow, Hungarian model Barbara Palvin, and Sofia Richie. He was also romantically associated with Nicki Minaj. The two went on a romantic vacation to Dubai together.
Hamilton is vegan. Some MPs have condemned Lewis Hamilton for residing outside the United Kingdom to avoid paying UK taxes. Hamilton was named after the Olympic sprint winner Carl Lewis. Hamilton, an Arsenal supporter, stated that if he hadn’t pursued a Formula One career, he would have been a football or cricket player, having played both in high school.
In 2022, Lewis revealed that he was formally altering his name to add his mother’s maiden name, Larbalestier, as his middle name. Hamilton became an honorary citizen of Brazil in June 2022 when the Brazilian Chamber approved Congressman Andre Figueiredo’s motion of Deputies. Hamilton formed Team X44 in September 2022 to participate in Extreme E, an all-electric SUV off-road racing championship. Team X44 finished second in the inaugural Extreme E Championship and won the Extreme E Sustainability Award in January 2022. They won the 2022 Championship over RXR, who were disqualified from the race. In 2022, Hamilton also joined the Denver Broncos’ new ownership group.
Early Life of Lewis Hamilton
Lewis Carl Davidson Hamilton was born on January 7, 1985, in Stevenage, Hertfordshire, England. His mother, Carmen, is Caucasian, while his father, Anthony, is Black. Hamilton self-identifies as Black. When he was two years old, his parents split, and he lived with his mother and half-sisters until he was twelve. Hamilton then moved to live with his father, stepmother, and half-brother Nicolas. When Hamilton was five years old, he began practicing karate for self-defense. He was bullied at school. When he was six, his father purchased him a radio-controlled automobile. Hamilton finished second in the British Radio Car Association Championship the following year. When he was six, his father gave him a go-kart for Christmas. Anthony Hamilton committed to supporting his son’s budding racing career as long as he continued in school and worked hard on his studies. Lewis attended the Catholic secondary school, The John Henry Newman School, in Hertfordshire. He also played football (soccer) in school. He began studying at Cambridge Arts and Sciences in early 2001.
Deep diving into Lewis Hamilton Net Worth and Salary in 2024
While there is no prize money for winning individual Grand Prix races, F1 drivers are known to earn vast riches and fortunes due to their contracts with their various constructor teams, making F1 one of the world’s most lucrative sports. It’s no wonder a driver like Lewis Hamilton is one of the world’s wealthiest sports celebrities.
According to the most recent Celebrity Net Worth assessment, Lewis Hamilton’s net worth in 2024 is expected to be USD 285 million. While his contract with the England-based Mercedes-AMG Petronas F1 team accounts for most of his riches, his many investments and sponsorships have also significantly increased his overall Net worth.
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What is Lewis Hamilton 2024 Salary?
According to Forbes, Lewis Hamilton makes USD 55 million from his current Mercedes-AMG Petronas Formula One team deal. He is the second highest-paid F1 driver, after only Max Verstappen. Verstappen receives a whopping USD 60 million from his Red Bull Racing team deal.
Forbes also added Hamilton to its list of The World’s Highest-Paid Athletes in 2023, where he ranks 21st. Previously, in 2020, Forbes listed the Briton on its list of The World’s Highest-Paid Celebrities.
Lewis Hamilton Net worth: An examination of his luxury Assets
Lewis Hamilton is recognized for his luxurious lifestyle that exudes legacy, and his magnificent array of assets reflects this. Here’s a deeper look at all the pricey luxury possessions British F1 drivers own.
Lewis Hamilton Career
Lewis Hamilton approached Ron Dennis, the principal of the McLaren racing team, and expressed his desire to compete for them one day. I hope to race for McLaren someday.” That’s a bold statement for any young driver to make. It’s courageous when the individual states it is ten years old. Hamilton joined McLaren’s Young Drivers program in 1998. In 2007, he signed on as an official Formula One McLaren driver. He is the only black racecar driver in the sport. He finished second to Kimi Räikkönen in the 2007 season. Hamilton won the Formula One World Championship for the first time in 2008, taking victory in the season’s last race. He agreed to drive for Mercedes in 2013. Hamilton won consecutive World Championships in 2014 and 2015. Hamilton won successive championships for the second time in his career, in 2017 and 2018, and again in 2019. As of this writing, he has won seven World Championships, tying Michael Schumacher for the most.
During New York Fashion Week in 2018, Hamilton collaborated with American fashion designer Tommy Hilfiger and models Winnie Harlow and Hailey Baldwin to debut his apparel brand, TOMMY LEWIS.
Lewis Hamilton has courted controversy throughout his career for both on-track tactics and off-track statements. He is very much in the public eye, and his comments are frequently analyzed.
While racing in Spain, he was subjected to racist insults from certain Spanish fans. His close competition with Spanish driver Fernando Alonso prompted Spanish fans to hurl obscenities at Hamilton. He confesses that he is competitive, which may generate conflict with other drivers.
The week before the 2018 German Grand Prix, Hamilton signed a two-year contract extension with Mercedes. It was estimated to be worth around $50 million each year. In June 2020, Hamilton announced that he would compete in a new, all-black Mercedes to promote Black Lives Matter. Hamilton has expressed concerns about the lack of diversity in Formula One racing. The Black Arrow, built by Hamilton, made its début in Austria over the Fourth of July weekend when the delayed Formula One season finally began.
In 2022, technical requirements changed significantly, resulting in new vehicle designs that battled for much of the season. Hamilton finished nine times on the podium, although he did not win a race or take pole position for the first time during his Formula One career.
Lewis Hamilton Real Estate Properties
According to many sources, the Briton has at least four luxury houses, ranging from a one-bedroom apartment to a mansion.
Lewis Hamilton’s principal abode is his apartment in Monte Carlo, Monaco. Like many other Formula One drivers, Hamilton acquired a house in Monaco in 2010. Although not officially acknowledged, he is widely assumed to live in the exclusive Fontvieille area. According to rumor, the residence is a four-bedroom duplex with an overview of the Mediterranean Sea at Fontvieille’s Seaside Plaza. According to sources, Hamilton paid over USD 37.5 million for the condo, which is said to be 2,000 square feet.
The British motorist is firmly attached to the United States of America, particularly on the East Coast. Lewis Hamilton has two homes in New York. In 2019, he spent USD 40 million to purchase a penthouse in Manhattan, part of a condo project co-owned by National Football League great Tom Brady and his wife, Gisele Bundchen. The property measures around 6,540 square feet and has a swimming pool, fitness center, squash court, library, and wine cellar. It also provides an excellent perspective of the Hudson River. Jennifer Lawrence, an Academy Award-winning actress, lives near him.
Notably, Lewis Hamilton held a penthouse in New York’s Tribeca Building, which also housed Justin Timberlake, Meg Ryan, Jake Gyllenhaal, and Bella Hadid. Hamilton never lived in the 8,900-square-foot apartment, which has five bedrooms, six bathrooms, and its swimming pool, despite paying a whopping USD 43.9 million for it in 2017. Lewis Hamilton sold his Tribeca Building property in December 2021 for around USD 50 million.
Despite owning multi-million-dollar houses worldwide, Lewis Hamilton found the cash and time to return to his origins in England. In 2017, the British buyer purchased a one-of-a-kind six-bedroom detached property in West London from Burberry’s head designer, Christopher Bailey, and his spouse, Simon Woods. Samuel Johns built the four-story property with a 200-foot garden in 1860. In addition, the property contains four reception rooms and two large baths. According to estimates, Lewis Hamilton purchased the home for around USD 22.5 million. The mansion is currently worth an estimated USD 25 million.
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Does Lewis Hamilton have a Private Jet?
Being able to afford a private plane isn’t for everyone. However, you may easily afford the privilege if you are one of the world’s wealthiest sports figures. 2013, Lewis Hamilton paid USD 25 million for a Bombardier Challenger 605.
The aircraft could accommodate up to ten people and three crew members. In keeping with his luxurious lifestyle, Hamilton ensured he was as comfortable as possible on board. To this end, the aircraft was outfitted with a bathroom, a fully working kitchen, a king-sized bed, and high-speed Wi-Fi. The British driver used to fly to Grand Prix events in this plane.
However, in 2019, Lewis Hamilton sold the famous red aircraft for a mere USD 8.9 million, citing a desire to modify his lifestyle to lessen his carbon impact.
A peek into Lewis Hamilton garage: All the luxury cars he Owns
Like many other racing drivers, Lewis Hamilton is regarded as a motorhead. He holds numerous unique automobiles in his garage, the most prominent of which is a McLaren P1 that the F1 driver obtained directly from the manufacturer. The car is valued at US$1.2 million.
Hamilton also has a 1967 Ford Mustang Shelby GT500, which he purchased for nearly USD 1.3 million, and a 1966 Shelby Cobra 427 for around USD 4.8 million.
In addition, Lewis Hamilton has a Mercedes-AMG Project One automobile worth $2.4 million. In addition to other vehicles, the Briton owns two Ferrari La Ferraris and a Mini Cooper.
Some of Lewis Hamilton other Investments
Aside from being a multi-millionaire, Lewis Hamilton has developed into an adept entrepreneur during his career. He has consistently ensured that his fortune is invested wisely.
The Formula One racer has purchased a stake in the Denver Broncos of the National Football League (NFL). According to reports, he is now a part-owner of the Broncos and intends to expand his footprint in numerous sports leagues similar to the NFL.
Lewis Hamilton also runs a meat-free burger firm called Neat Burger. The restaurant specializes in vegan burgers, in keeping with the British vegan diet. Like model Cindy Crawford, Hamilton invested in Green Drink, a British beverage firm.
Furthermore, Lewis Hamilton and American musician Justin Timberlake have invested in Bowery, a vertical farming application. The British Formula One driver has also invested in Zapp, a supermarket delivery service, and has frequently promoted the business on his social media profiles.
Lewis Hamilton Net Worth: Which Brands He Endorses
Lewis Hamilton, one of the most successful F1 drivers of all time, works as a magnet (and a powerful one) for brand endorsements. Here are some of the big brands he endorses.
Mercedes-Benz
After his contract with the McLaren construction team expired in 2012, Lewis Hamilton signed an agreement with Mercedes-Benz for USD 40 million. In addition to driving for their motorsport team, the deal calls for the Briton to serve as a brand ambassador for the German manufacturer’s vehicle models. According to a source on Formula One’s official website, Lewis Hamilton’s contract was extended for a few years in 2023, assuring the driver would earn USD 147 million per year for his continued association with Mercedes-Benz.
Tommy Hilfiger
In 2018, Lewis Hamilton inked a USD 5.2 million agreement with American sportswear maker Tommy Hilfiger. Hamilton will wear the brand’s logo on his gear at F1 races as part of a multi-year partnership. In addition, the Briton collaborated with Tommy Hilfiger to create his clothing collection, TOMMY LEWIS, during New York Fashion Week in 2018 with models Winnie Harlow and Hailey Baldwin.
Puma
Puma, a German sports clothing and footwear maker, struck a multi-year contract with Mercedes-Benz and Lewis Hamilton in 2019 worth $2.6 million. According to the deal, the F1 driver serves as a marketing ambassador for the firm, promoting its clothing.
Qualcomm
Qualcomm, an American multinational business known for manufacturing semiconductors, software, and wireless technology services, struck an endorsement arrangement with Mercedes-Benz and Lewis Hamilton in 2016 for around USD 9.8 million. In addition to Hamilton serving as their brand ambassador, Qualcomm supports Mercedes-Benz’s racing engineers with data analysis.
Lewis Hamilton previously signed an endorsement contract with American audio equipment manufacturer Bose Corporation worth USD 3.2 million. Unfortunately, the contract expired in 2022 and was not extended after that.
Is Lewis Hamilton interested in charitable Activities?
Lewis Hamilton, in addition to being a multimillionaire, is a dedicated philanthropist. His humanitarian endeavors have been merged into a single organization known as the Mission 44 Foundation. The foundation, a non-profit organization, seeks to provide grants and donations for various causes, including the treatment of physical and mental disability, advances in healthcare, and the eradication of poverty.
Summing it all:
Lewis Hamilton is primarily regarded as one of the best Formula One drivers of all time, if not the greatest. He has several motorsports records. The Briton’s most notable accomplishment will undoubtedly be his tie with former Formula One driver Michael Schumacher over the most World Drivers’ Championship titles. The 38-year-old driver also holds the most career victories (103), pole positions (104), and podium finishes (195), among other remarkable achievements.
