Skip to main contentSkip to footer

What is Lewis Hamilton's net worth?

Find out everything you need to know about Lewis Hamilton's net worth

ABU DHABI, UNITED ARAB EMIRATES - NOVEMBER 26: Lewis Hamilton of Great Britain and Mercedes looks on from the drivers parade prior to the F1 Grand Prix of Abu Dhabi at Yas Marina Circuit on November 26, 2023 in Abu Dhabi, United Arab Emirates. (Photo by Mark Thompson/Getty Images)
Share this:

Lewis Hamilton, 34, is one of the biggest names in racing, and is considered one of the most successful British drivers in history. 

After nine years with Mercedes, Lewis recently announced that he would be joining Ferrari on a multi-year contract. He has already been named Formula One World Drivers' Champion seven times, tying with Michael Schumacher to do so. But as he changes team, will be edge out Germany's driving legend to become the overall record holder?

ISTANBUL, TURKEY - NOVEMBER 15: Race winner Lewis Hamilton of Great Britain and Mercedes GP celebrates winning a 7th F1 World Drivers Championship on the podium during the F1 Grand Prix of Turkey at Intercity Istanbul Park on November 15, 2020 in Istanbul, Turkey. (Photo by Bryn Lennon/Getty Images)© Bryn Lennon
Lewis Hamilton winning his seventh F1 World Drivers Championship in 2020

Lewis Hamilton is one of the world's most famous racing drivers

As a result of his success, he is one of the richest sportsmen in the world right now. The sporting hero dreamed of becoming a racing driver from the tender age of four, when his dad Anthony Hamilton bought him a remote-control car. Lewis would then compete in championships as a child, and finished second in the national BRCA championship the following year. 

He has previously said of that time: "I was racing these remote-controlled cars and winning club championships against adults". Lewis' dad then bought him his first go-kart for Christmas at the age of six, and his passion and talent for driving has been with him ever since.

What is Lewis Hamilton's net worth?

Lewis is estimated to be worth £300 million according to the Sunday Times Rich List 2022. Having won 103 grand-prix races as of 2024, it's no surprise the driver has amassed such a fortune. 

ABU DHABI, UNITED ARAB EMIRATES - NOVEMBER 26: Lewis Hamilton of Great Britain and Mercedes looks on from the drivers parade prior to the F1 Grand Prix of Abu Dhabi at Yas Marina Circuit on November 26, 2023 in Abu Dhabi, United Arab Emirates. (Photo by Mark Thompson/Getty Images)© Mark Thompson
Lewis Hamilton driving for Mercedes

Already, Lewis was one of the best paid drivers in the sport, as of 2020 when he was reportedly earning at least £30 million a year. But as he signed onto Ferrari, Lewis is rumored to get paid $100 million annually - approximately £78.85 million per year.

As well as his salary alone, Lewis also gets various bonuses and advertising sponsorships that Lewis also receives, with global brands such as L'Oreal, Puma and Tommy Hilfiger.

MORE: What is Emma Willis' net worth?

Racing gear sponsors

On Lewis' racing gear alone, he has a staggering £112 million worth of sponsors. These include Monster Energy, Puma, Bose, Union Bank of Switzerland, Epson and Tommy Hilfiger, which all pay the sports star millions for their logo to be shown on his white polo top.

Family influence

Lewis has often opened up about the influence his father has had in his career. In a heartfelt Instagram post in May 2018, Lewis shared a sweet throwback video of his journey into racing and paid tribute to his father. The video saw him compete in his first go-karting race at the age of eight, and praised the sport for being something that he could do with his dad. "To be honest, it started out as a hobby, something for my Dad and I to do together," he said. 

Lewis also spoke of his dad's commitment to his son's talents, revealing: "At one point, my dad had four jobs just to keep us karting." On top of this, his dad would work on the kart in the garage at night, something Lewis has been extremely grateful for. "He gave up everything for me. I wouldn’t be a four-time world champion if it wasn’t for my dad," he said at the time.

lewis hamilton dad

Lewis is very close to his dad - who helped shape his career

Early ambition

Lewis was videoed as a child talking about his future career, saying: "Imagine being in a Formula One car, that must be very powerful that." At the age of nine, he introduced himself to McLaren boss Ross Dennis at an awards ceremony, while asking for his autograph, and told him: "Hi, I'm Lewis Hamilton. I won the British championship and one day I want to be racing your cars." 

Dennis wrote in his autograph book: "Phone me in nine years, we'll sort something out then." Three years later, Lewis was signed to the McLaren Driver Development Support programme, and was one of the youngest drivers ever to have been contracted by an F1 team.

MORE: What is Brad Pitt's net worth?

lewis hamilton dog dies

The racing driver has gone on to win many championships

Mixing with royalty

Lewis, throughout his career, has been no stranger to royalty, and has impressed everyone from the Queen to Prince Harry. Harry has previously praised Lewis for being a "legend" following his victory at the Formula One World Championship 2014. "Lewis thank you very much for not making the British public sweat," Harry said. "You are an absolute legend. Well done mate."

British F1 world champion Lewis Hamilton poses for pictures after receiving the Member of the British Empire (MBE) award from Queen Elizabeth II at Buckingham Palace in central London, on March 10, 2009. AFP PHOTO/Johnny Green/WPA POOL (Photo credit should read JOHNNY GREEN/AFP via Getty Images)© JOHNNY GREEN
Lewis Hamilton receiving an MBE

He was presented an MBE from the Queen in 2009

Meanwhile, in 2015, Lewis opened up about meeting the Queen during an interview with Graham Norton. The pair had been at a private lunch together, and he recalled: "I got invited to a lunch and was sitting next to the Queen. "I was excited and started to talk to her, but she said – pointing to my left – 'No you speak that way first, and I'll speak this way and then I'll come back to you.'" When they did finally get to converse, Lewis revealed: "She is a sweet woman, and we talked about how she spends her weekends, houses and music. She is really cool."

MORE: What is Jennifer Aniston's net worth?

Love interests

Lewis is currently single, although has been linked to supermodel Winnie Harlow over the years after the pair met at the GQ Awards in September 2016. Neither of them have spoken out about the alleged relationship. The racing car driver also dated former X Factor judge Nicole Scherzinger on-and-off for eight years before splitting in 2015. The pair remain on friendly terms, and Lewis was pictured the following year hanging out with Nicole and her nieces.

ISTANBUL, TURKEY - MAY 29:  Lewis Hamilton of Great Britain and McLaren Mercedes and his girlfriend Nicole Scherzinger of the Pussycat Dolls walk in the paddock following qualifying for the Turkish Formula One Grand Prix at Istanbul Park on May 29, 2010, in Istanbul, Turkey.  (Photo by Mark Thompson/Getty Images)© Mark Thompson
Lewis Hamilton with ex-girfriend Nicole

Lewis dated Nicole for several years

At the start of 2019, Lewis was spotted getting into a cab with model Jasmine Saunders after the pair had dined at a restaurant in Paris, whilst attending Paris Fashion Week. Although there was widespread speculation, Lewis took to Instagram to deny the rumours and explained: "It's a sad world when a man cannot have female colleagues or friends without the media making it seem something it isn't."

Although private about his love life, Lewis has spoken out about his past romances during an interview on The Jonathan Ross Show in 2015. He said: "I've been in two relationships in my life, I was 18 to 22 and 23 to 30 and so I missed the single life that all my friends had and now I've just been throwing myself at work, I've worked harder than ever this year, as I said I've travelled like crazy, I've experienced everything I want to experience." He also admitted that he had been dating occasionally following the break-up. "Occasionally yes," Lewis smiled. "I'm enjoying it, it's really good fun, it's a fun period of time in my life."

Like this story? Sign up to our newsletter to get other stories like this delivered straight to your inbox.