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Lewis Hamilton Net Worth and Biography

Lewis Hamilton is a British racing driver currently competing in Formula One for Mercedes, with an estimated net worth of $285 million.

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Lewis Hamilton is a British racing driver currently competing in Formula One for Mercedes, with an estimated net worth of $285 million. He is widely regarded as one of the greatest drivers in the history of Formula One. He has won a joint-record seven World Drivers’ Championship titles (tied with Michael Schumacher) and holds the records for the most wins (103), pole positions (103), and podium finishes (188), among others.

Bio Data

Full Name Lewis Carl Davidson Hamilton
Date of Birth 7 January 1985
Gender Male
Marital Status Single
Career Car Racer
Net worth  $285 Million
Nationality  British

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Biography

Lewis Hamilton was born on 7 January 1985 in England. He was born to Anthony Hamilton, a black man of Grenadian descent, and Carmen Larbalestier, a white British woman. Hamilton was educated at The John Henry Newman School, a voluntary aided Catholic secondary school in Stevenage. He also attended Cambridge Arts and Sciences (CATS), a private sixth-form college in Cambridge.

Hamilton’s father bought him a radio-controlled car when he was five. The following year, he competed in the British Radio Car Association championship, finishing second against adult competitors. When he was six, his father bought him a go-kart for Christmas and promised to support his racing career as long as he worked hard at school. Hamilton began karting in 1993 and quickly began winning races and cadet class championships.

Two years later, he became the youngest driver to win the British cadet karting championship at the age of ten. In 1998,  He won his second Super One series and British championship and was offered a role in the McLaren driver development program. In addition to racing, he played football and cricket for his school team. Hamilton said that if Formula One had not worked for him, he would have been a footballer or a cricketer.

Career

Top 10 Richest Car Racers In the World (2022): Lewis Hamilton

Lewis Hamilton began his car racing career in the 2001 British Formula Renault Winter Series. He won the championship in the third season and made his debut in the British Formula 3 Championship.  He also won the Bahrain F3 Superprix and twice raced in the Macau F3 Grand Prix, and eventually re-signed with McLaren.

Hamilton raced in Formula One with McLaren from 2007 to 2012, making Hamilton the first, and so far only, black driver to race in the series. In his inaugural season, Hamilton set numerous records as he finished runner-up to Kimi Räikkönen by one point. The following season, he won his maiden title becoming the then-youngest Formula One World Champion in history. After six years with McLaren, Hamilton signed with Mercedes in 2013.

Changes to the regulations for 2014 mandating the use of turbo-hybrid engines saw the start of a highly successful period for Hamilton, during which he has won six further drivers’ titles. Consecutive titles came in 2014 and 2015 during an intense rivalry with teammate Nico Rosberg. Following Rosberg’s retirement, Ferrari’s Sebastian Vettel became Hamilton’s closest rival in two intense championship battles, in which Hamilton twice overturned mid-season point deficits to claim consecutive titles again in 2017 and 2018. His third and fourth consecutive titles followed in 2019 and 2020 to equal Schumacher’s record of seven drivers’ titles.

Honors and Accolades

Throughout his career, Lewis Hamilton has received several awards and honors. He won the Laureus Breakthrough of the Year Award in 2008 and the Sportsman of the Year Award in 2020. Hamilton also won the Pride of Britain Awards (2007), Best Driver ESPY Award (2017; 2021), BBC Sports Personality of the Year Award (2014; 2020), L’Équipe Champion of Champions (2020), and Gazzetta World Sportsman of the Year (2018; 2020), among others prizes and awards. He was elected FIA Personality of the Year four times (2014; 2018; 2020; 2021) and was inducted into the FIA Hall of Fame in 2017.

Hamilton has also been credited with furthering Formula One’s global following by appealing to a broader audience outside the sport, in part due to his high-profile lifestyle, environmental and social activism, and exploits in music and fashion. He has also become a prominent advocate in support of activism to combat racism and push for increased diversity in motorsport. Hamilton was listed in the 2020 issue of Time as one of the 100 most influential people globally and was knighted in the 2021 New Year Honours.

Lewis Hamilton Net Worth

Lewis Hamilton is the richest British sportsperson, with an estimated net worth of $285 million.  In 2015, it was reported that Hamilton had an estimated personal fortune of £88 million. Hamilton’s net worth increased to  £159 million in 2018.  In 2020, Hamilton’s fortune was an estimated £224 million, making him the richest British sports star in the history of the Sunday Times Rich List.

Before the 2015 Monaco Grand Prix weekend, Hamilton signed a contract to stay with Mercedes until the end of the 2018 season in a deal reportedly worth more than £100 million over the three years, making him one of the best-paid drivers in Formula One. In the week leading up to the 2018 German Grand Prix, Hamilton signed a two-year contract with Mercedes, reported to be worth up to £40 million per year, making him the best-paid driver in the history of Formula One.

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