The name Lewis Hamilton has been the most popular name in F1 for a long time now. He made his debut in 2007 and has since won 7 Championships, which is the same amount of Championships won by the record holder, Michael Schumacher. Lewis has broken the record for most wins and most pole positions in F1 history. Given that he has achieved a lot in one of the most popular sports in the world, it is no surprise that he has a high net worth.
Starting his career with McLaren, he was able to win a Championship in his sophomore year. In 2013, he made his way to Mercedes where he had the most successful run in F1 history. No driver has won 6 Championships with a single team. Hamilton managed to do so with Mercedes.
What is Lewis Hamilton’s net worth?
Over the years, Lewis Hamilton has developed a net worth that is estimated to be around $300 million. This comes from his salaries, Sponsorships, and his many investments in properties, businesses, and more. Among all the F1 drivers, Lewis has the highest net worth. There are not a lot of other people in F1 who have a higher net worth than the British driver.
What is Lewis Hamilton’s salary?
With Mercedes, Lewis Hamilton earned around $50 – $60 million per year. This made him one of the highest-paid drivers on the grid. The only driver who can compete with his salary is Max Verstappen. However, from the 2025 season, Lewis will get a much higher salary.
From the 2025 season, Lewis will be driving for Ferrari. It has been reported that he will be earning up to $100 million per year. With a 4 year deal, he will have the biggest contract in F1 history. No other driver has earned so much from a single contract in F1.
What businesses does Lewis Hamilton own?
Apart from being a business driver, Lewis Hamilton has started various businesses as well. He started a vegan fast-food chain called Neat Burger. They have outlets in the US, UK, Dubai, and Milan.
Hamilton also started a non-charitable organization, Mission 44 that focuses on empowering and supporting the next generation all around the world. Along with Lewis’ new contract with Ferrari, the team’s Chairman, John Elkann has reportedly agreed to give $400 million to the Mission 44 program. This will help Lewis build his empire and brand image.
In 2023, Lewis started Almave, a company that produces non-alcoholic tequila. Lewis’ intention with this brand was to provide people with a beverage that can be enjoyable, without having the cons of alcohol.
Vegan fast-food chain Neat Burger, co-founded by Lewis Hamilton, opened its first-ever permanent US location in New York City on April 17 🍔
There are also multiple other Neat Burger locations including eight in London and one in Dubai.
Would you like to try Neat Burger? pic.twitter.com/OngFRwPlo4
— Motorsport.com (@Motorsport) April 26, 2023
The 7-time Champion also has his own production company called Dawn Apollo Films. They are currently working on an F1 movie along with Apple TV. The shooting has already begun with Brad Pitt being the star of the movie. The name of the movie is Apex for now. However, the official title of the movie is yet to be released. We could see the movie hit the theaters sometime during the Summer of 2025.
Apart from these businesses, Hamilton also endorses several brands in various niches. Some of these endorsements also depend on which team he is driving for. With Ferrari, he will be a brand ambassador for Richard Mille, Ray-Ban. and more. There is no doubt that he will be able to increase his net worth in the coming years with a higher salary from Ferrari, more returns on investments, and more endorsements.