Lewis Hamilton Net worth in 2024, Income, Career, Cars and more

British race car driver Lewis Hamilton Net worth

British race car driver Lewis Hamilton Net worth: Lewis Hamilton, the British race car driver, has an estimated net worth of over $300 million as of 2024. His successful career in Formula 1 racing, numerous endorsements, and business ventures have contributed to his substantial wealth. Hamilton’s achievements both on and off the track have firmly established him as one of the highest-earning and most influential athletes in the world.

Forbes: They estimate his net worth at around USD 300 million and report his annual salary from Mercedes to be USD 55 million, with an additional USD 10 million coming from endorsements. Tyrese Haliburton Net worth, Age, Husband, Movies and More

Lewis Hamilton Net worth

Lewis Hamilton’s net worth is estimated to be around USD 300 million as of 2024. Here’s a breakdown of the sources:

  • Salary: According to Forbes, Hamilton earns an estimated USD 55 million annually from his contract with the Mercedes-AMG Petronas F1 team. This makes him one of the highest-paid athletes in the world.
  • Endorsements: Hamilton also has a number of lucrative endorsement deals with brands such as Tommy Hilfiger, Puma, and Bose. These deals are estimated to bring in an additional USD 10 million per year.
  • Bonuses: On top of his salary, Hamilton reportedly earns $10 million in bonuses based on podium finishes, race wins, and the team’s constructor standing.
  • Investments: Hamilton has invested in a number of businesses, including a clothing line and a plant-based burger chain. These investments are likely to have increased his net worth further.

It’s important to note that these are just estimates, and the exact amount of Hamilton’s net worth is not publicly known. However, it’s safe to say that he is one of the richest athletes in the world.

Let’s calculate the total career and total income for approximately Lewis Hamilton’s net worth.

Born7 January 1985 (age 39)
Career StartedHamilton began karting in 1993 and quickly began winning races and cadet class championships.
Professional Career2008 – present (15 Years)
Starting Salary$4 million per year
Current SalaryAround $55 million
Total Income20+140+110+ 150 (Endorsements) = $410 million + Unknown Assets
Expanse60% of Income
Net WorthUSD 300 million as of February 2024.
  • Early career (2007-2012): Estimates range from $4 million to $8 million per year.
  • 2013-2015: A five-year contract with McLaren worth an estimated £75 million ($117 million today).
  • 2015-2018: Three-year contract with Mercedes worth $140 million, one of the highest in F1 history.
  • 2019-2023: Two-year contract extensions with Mercedes, estimated to raise his salary to $55 million per year.
  • Endorsements can be a good way to earn passive income, around $10 million per year.
  • Investment and Bonus also increasing their income.
British race car driver Lewis Hamilton Net worth

Lewis Hamilton Assets

Penthouse apartment in Monaco: Hamilton’s primary residence is a luxurious penthouse apartment in Monaco, overlooking the famous harbor. The apartment reportedly has a swimming pool, a private cinema, and stunning views of the Mediterranean Sea.

Mansion in London: Hamilton also owns a mansion in London, which he reportedly bought in 2017 for £20 million. The mansion has six bedrooms, a swimming pool, and a gym.

Homes in New York and Switzerland: Hamilton reportedly also owns homes in New York and Switzerland, but details about these properties are not publicly available.

Lewis Hamilton Car Collection

Collection of luxury cars: Hamilton is a well-known car enthusiast and has a collection of luxury cars that includes a Pagani Zonda, a McLaren P1, and a Ferrari LaFerrari.

Mercedes-AMG Project One: In 2019, Hamilton partnered with Mercedes to develop a limited-edition hypercar called the Project One. He is one of the first customers for the car, which is worth around $2.7 million.

It’s important to note that this is not an exhaustive list of Hamilton’s assets, and the exact value of his wealth is not publicly known. However, it is clear that he is one of the richest athletes in the world, and his assets reflect his success on and off the track.

Lewis Hamilton Biography

CategoryDetail
Full NameSir Lewis Carl Davidson Hamilton MBE HonFREng
Date of BirthJanuary 7, 1985
Place of BirthStevenage, Hertfordshire, England
NationalityBritish
Current TeamMercedes AMG Petronas
Career Wins103 (most in F1 history)
World Championships7 (tied with Michael Schumacher for most in F1 history)
Other ChampionshipsBritish Formula Renault (2003), Formula Three Euroseries (2005), GP2 Series (2006)
Debut Season2007
Net worth$300 million as of 2024
British race car driver Lewis Hamilton Net worth

Lewis Hamilton’s Career

Lewis Hamilton’s extraordinary career in motorsport began with karting in 1993. He quickly showcased his talent by winning races and championships, becoming the youngest driver to win the British cadet karting championship at the age of ten. A significant encounter with McLaren team boss Ron Dennis at the Autosport Awards led to Hamilton joining the McLaren driver development program, where his journey towards Formula One began. Notably, his exceptional karting abilities caught the attention of Michael Schumacher, who praised the young prodigy in 2001.

Transitioning to car racing, Hamilton excelled in the Formula Renault and Formula Three series, before making a noticeable impact in the GP2 championship, where he claimed victory in his first attempt.

McLaren (2007–2012)

In his debut Formula One season in 2007, Hamilton finished runner-up in the World Drivers’ Championship, setting numerous records and showcasing his remarkable abilities. He then claimed his first Formula One World Championship title in a dramatic fashion at the 2008 Brazilian Grand Prix, becoming the youngest Formula One World Champion at that time. Hamilton continued his successful tenure with McLaren, securing numerous podium finishes and race victories.

Mercedes (2013–2024)

Hamilton’s move to Mercedes in 2013 marked the beginning of an era of dominance in Formula One. Throughout his time with the team, he secured multiple World Drivers’ Championship titles, cementing his status as one of the sport’s greatest drivers. His intense on-track battles with former teammate Nico Rosberg and later with Red Bull’s Max Verstappen defined this period.

The latter part of Hamilton’s Mercedes tenure was marked by further successes, including multiple championship titles and groundbreaking achievements such as surpassing 100 pole positions and 100 race wins. However, the 2022 and 2023 seasons saw Hamilton encounter challenges, including his first winless season, before his departure from Mercedes at the end of 2024.

Ferrari (2025)

In a significant move, Hamilton joined Ferrari in 2025, embarking on a new chapter in his illustrious career and marking the first time he will not be driving for a Mercedes-powered team. This transition is expected to bring fresh opportunities and challenges as Hamilton continues his pursuit of excellence in Formula One.

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Lewis Hamilton Social media

Lewis Hamilton is an active presence on various social media platforms, utilizing them to engage with his fans and share insights into his life and career. You can connect with him on the following social media channels:

  • Instagram: [@lewishamilton, 1,424 posts, 35.8M followers, 4 following] Follow Lewis Hamilton on Instagram for a glimpse into his personal and professional life, as well as updates on his endeavors.
  • Twitter: [@LewisHamilton, Joined November 2010, 230 Following, 8.2M Followers] Stay updated with Lewis Hamilton’s thoughts, opinions, and announcements by following him on Twitter.
  • Facebook: [f/LewisHamilton, 6.1M followers, 83 following] Engage with Lewis Hamilton’s content on Facebook, where he shares stories, photos, and news with his followers.

By following Lewis Hamilton on these platforms, you can stay connected with his journey in the world of motorsport and beyond.

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