Lewis Hamilton

Sir Lewis Carl Davidson Hamilton, better known as Lewis Hamilton, is a British Formula One racing driver who has a net worth of a whopping $300 Million. Lewis Hamilton has majorly earned his impressive wealth through his car racing championships. Let's take a detailed look at how Lewis Hamilton has built his remarkable net worth.

What is Lewis Hamilton’s Net Worth?

As of 2024, Lewis Hamilton is one of the richest drivers in the sport's history and has an estimated net worth of a whopping $300 Million.

Lewis is one of the highest-paid F1 drivers in the world and one of the highest-paid athletes overall. He is also the first and only black race car driver in the sport. According to Forbes, Hamilton was one of the highest-paid athletes of the 2010s decade, and also the highest-paid Formula One driver from 2013 to 2021. He approximately makes somewhere between $70 to $90 Million. The major part of his whopping income comes from his Mercedes contract that pays $60 Million per year.

In 2015, Hamilton was named the richest British sportsperson, with an estimated personal fortune of $114 Million. Between June 2016 and June 2017, Lewis Hamilton earned around $50 Million from lucrative brand endorsement deals and prize money. Between June 2017 and June 2018, he earned $51 Million. In 2019, he earned around $55 Million. In July 2023, for the 2024 and 2025 seasons, Lewis signed a two-year contract with Mercedes worth around $60 Million per year. However, On February 1, 2024, it was disclosed that Lewis would switch from Mercedes to rival Ferrari by the end of the 2024 season. For the 2025 season, Lewis chose to break the contract with Mercedes after just one season and will instead move to Ferrari. Racing for Ferrari, Lewis will reportedly make around $107 Million per year. In 2022, the seven-time Formula 1 world champion joined a consortium led by Rob Walton to acquire the Denver Broncos for $4.65 billion, marking a historic NFL deal and promoting diversity in sports.

What is Lewis Hamilton's claim to fame?

Let's have a look at some of the significant events that contributed to Lewis Hamilton's journey of becoming one of the most popular Formula 1 race car drivers in the world.

• McLaren Development Program- In 1998, Lewis Hamilton signed up with the McLaren Young Driver program. This program was instrumental in developing his skills and securing his future F1 career.
• Formula 1 Debut with McLaren- Lewis In 2007, Hamilton made an official debut in Formula 1 with McLaren and set the stage for his illustrious career. Driving for McLaren Mercedes, Hamilton became the first black driver in Formula 1 history.
• Youngest-ever Formula One World Champion- In 2008, Lewis Hamilton won his first F1 Championship for the first time with McLaren, becoming the youngest-ever Formula One World Champion at the time. This made Hamilton the first British driver to win the World Championship since Damon Hill in 1996.
• Seven World Drivers' Championship titles- From 2014 onward, Lewis Hamilton has won a joint-record seven Formula One World Drivers' Championship titles to equal Michael Schumacher. Hamilton won the Formula One World Championship title in the year 2008, 2014, 2015, 2017, 2018, 2019, and 2020. This established him as one of F1’s greatest drivers of all time.

What businesses does Lewis Hamilton own? 

Lewis Hamilton is also into some business ventures, which adds a significant amount to her impressive net worth. Let's have a closer look at the details of his business ventures.

• Neat Burger- In September 2019, Lewis Hamilton launched a vegan restaurant named Neat Burger, which also has backing from Leonardo DiCaprio. It claims to be the first international plant-based burger chain. Neat Burger was awarded the Best Vegan Restaurant of the Year award at the Deliveroo Restaurant Awards in 2020 and 2021. According to Growjo, Neat Burger's estimated annual revenue is currently $10.1 Million and the estimated revenue per employee is $153,000.
• Dawn Apollo Films- In October 2022, Lewis Hamilton founded Dawn Apollo Films, a production company. Its upcoming debut projects include a film titled F1 starring Brad Pitt and directed by Joseph Kosinski, and an untitled documentary film about Hamilton. Both these projects will be co-produced by Hamilton, and released on Apple TV+.
• Team X44- In September 2020, Lewis Hamilton launched Team X44 to compete in the all-electric SUV off-road racing series Extreme E from the 2021 season on. The team won the 2022 Championship in the final race of the season, beating RXR.
• Denver Broncos- Lewis Hamilton has been a part-owner of the NFL team since 2022. He joined the Broncos’ ownership group, led by the Walton-Penner family, who purchased the team for a record $4.65 Billion. According to Forbes, the Denver Broncos are worth an estimated $5.5 Billion, with an 8% percent increase from last year. It is the 14th most valuable franchise in the NFL with an operating income of $114 Million.
• Almave- In 2023, Lewis Hamilton co-founded Almave, a non-alcoholic tequila, with Casa Lumbre, a Mexican spirits company. Almave aims to replicate the taste and essence of traditional tequila without the alcohol. Hamilton said it is designed to taste like tequila. Global beverage giant Pernod Ricard also took a minority stake in Almave.

Apart from this, in 2020, Lewis Hamilton made investments in W Magazine, a prominent fashion and lifestyle publication. He has also invested in IWC Schaffhausen, a Watch Company.

What brands has Lewis Hamilton endorsed?

Lewis Hamilton has endorsed several top-notch global brands. Some of the major brands endorsed by Lewis Hamilton include:

• Tommy Hilfiger- Since 2018, Lewis Hamilton has collaborated with Tommy Hilfiger as a brand ambassador. He also launched the clothing line TOMMY X LEWIS during New York Fashion Week with American fashion designer Tommy Hilfiger alongside models Winnie Harlow and Hailey Baldwin.
• IWC- Since joining Mercedes, Lewis Hamilton has been an Ambassador for the IWC, a luxury watch company, owned by Richemont. IWC often features him in campaigns showcasing premium timepieces, including custom watches for the F1 driver.
• Puma- In 2017, Lewis Hamilton partnered with Puma, which supplies sportswear and footwear for the Mercedes-AMG Petronas F1 Team.
• Dior- In 2021, Lewis Hamilton became the brand ambassador and guest designer for Dior. He and Dior's artistic director of menswear, Kim Jones, collaborated on a line that was committed to sustainability.
• Petronas- As the title sponsor of the Mercedes-AMG Petronas F1 team, Lewis Hamilton indirectly endorses Petronas. He promotes their fuels and lubricants as part of his role with the team.
• Mercedes-Benz- Lewis Hamilton joined the Mercedes-AMG Petronas Formula 1 team in 2013, and his association with the brand has grown ever since. Mercedes uses Hamilton’s image to promote their luxury cars and environmentally-friendly initiatives.
• CFI- In July 2024, Hamilton became a global brand ambassador for CFI, an online trading provider. As part of the deal, CFI also pledged to donate to Hamilton's Mission 44, which focuses on social justice and empowering young people.
• Monster Energy- In the early 2010s, Lewis Hamilton endorses Monster Energy, the energy drink brand. He featured in their marketing campaigns and promoting the brand's products. He also has a signature drink with the brand, "LH44."
• Bose- In 2015, Lewis Hamilton endorsed Bose, a leading audio equipment manufacturer He appeared in advertisements and promoted their products. His deal with Bose ended in 2022.
• LG SIGNATURE- In 2018, Lewis Hamilton was associated with LG SIGNATURE, the premium brand of LG Electronics. He endorses their high-end appliances and electronics.
• Electronic Arts (EA Gaming)- In the early 2010s, Lewis Hamilton collaborated with Electronic Arts. He endorses their gaming titles and promotional materials.
• Police- In 2011, Lewis Hamilton collaborated with the British fashion brand Police for eyewear and accessories promotions. Hamilton has worked with the Police on exclusive product lines.
• Sony- In 2024, Lewis Hamilton became an ambassador for Sony, one of the world's leading electronics companies. This collaboration includes appearances in Sony's advertising campaigns and promotional events.

How does Lewis Hamilton spend her Millions?

Lewis Hamilton enjoys a very lavish lifestyle. He spends his wealth in a variety of ways such as luxurious real estate, expensive cars, investments in businesses, charitable contributions, and personal interests. Lewis Hamilton owns several luxurious properties in Monaco, New York and London. Lewis Hamilton also owns an exotic collection of cars, which includes expensive cars from reputed brands like Mercedes, Pagani, and Ford. Besides his lavish lifestyle, Lewis Hamilton also funds various charitable foundations such as Mission 44 and UNICEF.

How many houses does Lewis Hamilton own?

Lewis Hamilton, the renowned Formula 1 driver, owns several luxurious properties around the world, including homes in Monaco, New York, and London. Let’s explore some of the most impressive details of these magnificent residences.

• Duplex Apartment in Monaco- In 2010, Lewis Hamilton, like many Formula 1 drivers, moved to Monaco. He purchased a stunning 2,000-square-foot, four-bedroom duplex apartment in the exclusive Fontvieille district. According to The Sun, the property cost him approximately $38.9 million.
• Tribeca Penthouse in New York- In 2017, Hamilton acquired a $43.9 million Tribeca penthouse in New York. The property boasts five bedrooms, luxurious amenities, and breathtaking city views. However, he never lived in it and listed it for sale in 2019 at $57 million. It eventually sold in 2021 for $50 million.
• Penthouse in Manhattan- In 2019, Hamilton added another stunning property to his portfolio: a $40 million penthouse in Manhattan. This 6,547-square-foot residence features a swimming pool, fitness area, library, and wine cellar, with captivating views of the Hudson River.
• Villa in West London- In 2017, Hamilton purchased a $23 million villa in West London. Previously owned by Burberry chief designer Christopher Bailey and actor Simon Woods, the villa includes six bedrooms, two large bathrooms, and four spacious reception rooms.

How many cars does Lewis Hamilton own?

Lewis Hamilton owns some of the most expensive cars in the world. Let's have a look at his exclusive car collection-

• Mercedes SL65 Black Series- Lewis Hamilton received this car as a prize for winning the 2010 Abu Dhabi Grand Prix. He posted on Facebook and wrote “This is my SL65 Black series. This was a prize from the #AbuDhabiGP in 2010. Love this car! v12, how cars should be!!!”
• Pagani Zonda 760 LH- Pagani manufactured five special-edition Zonda 760s, which were special orders. Interestingly, Hamilton owns one of them, and he reportedly paid $1.5 million for it. Hamilton once commented on the car. “It’s the best-sounding car I own, but handling-wise it’s the worst.” In 2015, Hamilton was involved in a low-speed crash in this Zonda 760 LH. 
• Mercedes-AMG Project One- Hamilton owns two Mercedes-AMG Project One cars. He bought one for himself, and another for his father Anthony. Surprisingly, only 275 of these exist and Hamilton has got one of them. Formula 1 drivers Valtteri Bottas and David Coulthard also own one of the limited 275 units.
• 1966 Shelby Cobra 427- In Los Angeles, Hamilton was often seen taking ex-girlfriend Nicole Scherzinger out for a drive in his 1966 Shelby Cobra 427 during their time as a couple. Hamilton has said that driving this car is a massive honor and one of the highlights of his life.
• 1967 Ford Mustang Shelby GT500- Hamilton owns a 1967 Ford Mustang Shelby GT500. Hamilton had his car customized by Oklahoma-based car shop Classic Recreations for an additional cost.

Other Vehicles-

• Private Jet- Lewis Hamilton also once owned a private jet, a cherry-red Bombardier Challenger 605. He used to fly around the world to Formula 1 Grands Prix, tests, and for personal commitments. But, in 2019, Hamilton sold the jet, citing a desire to become more environmentally friendly and to live a greener life.

What are Lewis Hamilton's charitable contributions?

Besides having a very luxurious lifestyle, Lewis Hamilton is also actively involved in various charity and philanthropic works. Let's take a closer look at his philanthropy and charity work.

• Mission 44- In July 2021, Hamilton launched Mission 44, a charitable foundation aimed at helping young people from under-represented backgrounds achieve their ambitions in wider society. In April 2022, Hamilton pledged to donate $27.5 Million of his personal wealth to support the work of the charity.
• Donations for Environmental causes- In January 2020, Hamilton donated approximately $500,000 to several causes related to the bushfire crisis in Australia. It mainly went towards the fire services and animal welfare charities.
• Supporting UNICEF- In March 2012, Hamilton traveled to the Philippines where he made a short film about Manila's street children. The film was aired on ITV1 during Soccer Aid and it helped raise more than $5.3 Million for UNICEF. In 2020, Hamilton also supported the charity campaign #TOGETHERBAND to help promote the United Nations' 17 Global Goals.
• Lewis Hamilton Foundation- In June 2008, Lewis Hamilton founded his own charitable organization named the Lewis Hamilton Foundation. The foundation mainly provides grants and donations for various charitable causes.
• Charity Auctions- Lewis Hamilton is actively involved in donations of personal and professional paraphernalia for charity auctions. He auctioned a racing kart and raised around $54,501 for St Thomas' Hospital baby charity. He raised around $8,318 for the Small Steps Project in 2018, and around $7,785 in 2019. In 2020, he raised another $5,190 for the Small Steps Project. He also donated a race suit which reportedly raised around $25,953 for vulnerable children.

What’s next for Lewis Hamilton?

From 2025 onwards, Hamilton will race for Ferrari alongside Charles Leclerc, leaving Mercedes after 11 years since 2013. Hamilton activated a release option in his contract with Mercedes to join Ferrari on a multi-year deal. Lewis Hamilton's first race for Ferrari will be in Melbourne, Australia for the Australian Grand Prix on March 16, 2025.