Lewis Hamilton Is Now The Richest F1 Driver Of All Time

14 May 2020
Lewis Hamilton, Formula 1, Celebrities, Sports, Cars, F1, Richest British sportsman, IWC, Mercedes, Racing
He is now worth over a quarter of a billion dollars

Despite the postponement of the 2020 Formula One Season, it’s still been a bumper 12 months for Lewis Hamilton. From winning his sixth world championship to appearing on the cover of GQ Middle East, the 35-year-old has gone from strength to strength. And so has his bank balance.

According to The Sunday Times Rich List, Hamilton is now worth $273m, making him the richest man in British sports, even overtaking David Beckham.

The Rich List, published annually every April, is a list of the 1,000 wealthiest people or families who live in the United Kingdom.

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The list is divided and analysed by The Sunday Times, who rank sportsmen, musicians, the under 30s and other notable groups.

In 2019, Hamilton made a cool $45m, taking him past his closest rival, Beckham, who last year had a reported net worth of $244m. He’s also streets ahead of other notable entries from Gareth Bale, Anthony Joshua and Rory McElroy.

However, it was boxer Anthony Joshua who had the biggest increase in wealth this year. His dual fights with Andy Ruiz Jr saw him pocket over $70m.

Hamilton’s ongoing contract with Mercedes, as well as other lucrative sponsorship deals with brands including IWC, mean he is now worth over a quarter of a billion dollar, but reports on his exact wealth vary.

While he remains the highest paid F1 driver, ahead of Sebastian Vettel, Forbes reported last year that Hamilton’s career earnings were now in excess of $489m, making him the highest paid driver in history, too.

In November of 2019 Hamilton had this to say about his season

“This year’s just been trying,” he says. “Within my team, my number two engineer became my teammate’s number one. So then, he raised his level through that partnership with someone who had been working with me for six years. Trying to raise the bar every year is the hardest thing… Every year you have to come back with a bigger bite, a bigger punch and the challenge of that – the physical side, the mental side, the consistency – over a long, long season...”

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There’s no doubt Hamilton can now be considered among the greatest drivers of all time, if not the greatest. His six titles leave him just one short of Michael Schumacher’s seven championships, and Hamilton shows no sign of slowing down yet, coronavirus induced hiatus not withstanding.

However, he is still some way behind one Michael Jordan. The legendary Chicago Bulls player is now worth over $2bn.