Lewis Hamilton net worth: How much has the seven-time F1 champion earned?

Lewis Hamilton is one of the most successful Formula 1 drivers of all time – meaning he has accumulated a high net worth.

Hamilton is a seven-time F1 world champion. He holds the record alongside the legendary Michael Schumacher.

In 2021, the Brit became the first F1 driver to reach 100 career wins. He also holds the records for most wins and pole positions.

Lewis Hamilton’s incredible career

Lewis Hamilton began his Formula 1 career in sensational style. He signed with McLaren in 2007 and made an immediate impact in his rookie season.

Going into the final race of the season in Brazil, Hamilton led the Drivers’ Championship standings. He was ahead of team-mate Fernando Alonso, who had won the previous two titles.

Unfortunately, a technical issue on lap two relegated Hamilton to the back of the field. Alonso could not secure the points he needed to win the title, meaning that Kimi Raikkonen won his first Drivers’ Championship.

Hamilton was not to be denied a second time in 2008. However, the season went all the way to the final corner in one of the most dramatic championship conclusions in F1 history. The Brit overtook Timo Glock in wet conditions to beat Felipe Massa to the title by a single point.

Read: When Lewis Hamilton won the F1 world championship at the final corner of the season

In 2012, Hamilton decided to leave McLaren and join Mercedes from the 2013 season. With the Brackley-based outfit, he has reached new heights. Since joining the team, Hamilton has won six world championships.

He came close to winning an eighth world championship in total at Abu Dhabi last year. However, Max Verstappen overtook him on the final lap to win the title in one of the most controversial finishes that F1 fans have ever seen.

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What is Lewis Hamilton’s net worth?

According to Celebrity Net Worth, the net worth of Lewis Hamilton stands at an eye-watering $285 million.

His current Mercedes contract sees Hamilton ranked as one of the highest-paid Formula 1 drivers. Forbes reported in July that he was on track to earn $62 million on the track in 2021, with $55 million of that figure representing his base salary at Mercedes.

The 37-year-old signed a new contract with Mercedes earlier that month, believed to be worth £40 million per year. The contract runs until the end of the 2023 season when Hamilton will be 38.

What philanthropic work has Lewis Hamilton participated in?

Lewis Hamilton is well-known for his vast portfolio of charity work.

He launched a new charity, Mission 44, in 2021. It was announced that the charity had partnered with Teach First to recruit 150 black teachers in science, technology, engineering and mathematics in England.

Mission 44 has identified three pillars to focus its work on – representation, progression and empowerment.

He has also formed a joint charitable partnership with Mercedes titled ‘Ignite’.

In addition, the Mercedes driver formed the Hamilton Commission in 2020. The commission, which includes 14 industry experts, looks to improve the representation of black people in UK motorsport. It presented its first report, titled ‘Accelerating Change: Improving Representation of Black People in UK Motorsport’ last year.

Hamilton also donated £382,000 to help with relief after the Australian bushfires. He has supported the likes of Great Ormond Street Hospital, UNICEF and Education Africa.

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