Lewis Hamilton who used to be in news mostly for his races and for his driving skill is now going viral over the internet for his net worth. Sir Lewis Carl Davidson Hamilton, a British racing driver who currently competes in Formula One for the Mercedes-AMG Petronas Formula One Team, was born on January 7, 1985. With Michael Schumacher, Hamilton has a record-tying seven World Drivers’ Championship victories in Formula One. He also owns the records for the most victories (103), pole positions (103), podium finishes (192), and other statistics.
What is Lewis Hamilton’s net worth in 2023?
Hamilton, who was born and reared in Stevenage, Hertfordshire, enrolled in the McLaren young driver program at the age of 13 in 1998, making history as the youngest driver ever hired by a Formula One team. Hamilton became the first black driver to compete in the Formula One championship as a result, winning six consecutive seasons of racing with McLaren from 2007 to 2012. Hamilton accomplished a great deal in his first season, coming in one point behind Kimi Räikkönen to take second place. The following year, he won his first title in thrilling fashion to become the then-youngest Formula One World Champion in history after making a critical overtaking at the final corner of the season’s final race. Hamilton signed a contract with Mercedes in 2013 following six years with McLaren.
A hugely successful period for Hamilton began when the rules were changed in 2014 to require the usage of turbo-hybrid engines. During this time, Hamilton won six more driver’s championships. In 2014 and 2015, while engaged in a heated battle with teammate Nico Rosberg, he won back-to-back championships. Sebastian Vettel, a driver for Ferrari, became Hamilton’s main challenger in two championship races after Nico Rosberg retired in 2016. In these races, Hamilton twice overcame point deficits midseason to win successive championships again in 2017 and 2018. In 2019 and 2020, he won his third and fourth titles in a row to tie Schumacher’s record of seven driver championships. During the 2021 season, Hamilton won a race and earned his 100th pole position.
The seven-time F1 world champion was the highest-paid athlete in The Sunday Times Rich List’s history. His net worth in 2022 increased by £40 million from 2021 to £300 million. The net worth of Toto Wolff, however, dwarfs this sum! According to Forbes, his 2022 total yearly income was $65 million (£54 million), down from $82 million in 2021. He earned $57 million (£47 million) from F1, which was less in 2021 due to the fact that he failed to win any races. But his non-F1 income climbed from $8 million in 2021 to $12 million in 2022. On the list of F1 driver salaries, Hamilton ranked first.