Anyone who follows Formula One knows who Lewis Hamilton is. Throughout the world, his name is linked with greatness. The driver from the United Kingdom is on a roll, and it doesn’t seem like he’ll slow down anytime soon.
The one thing that’s well-known about ultra high net worth individuals (UHNWs) – the folks worth at least $30 million USD – is that virtually ALL of them have some part of their fortune in real estate.
Many of the more famous rich people and “celebrity entrepreneurs” actually got their start in real estate. And that’s great for them! Not so much for us…
See, more millionaires are created during recessions than any other part of the economic cycle. Which is cool, except the last real recession was 2008, when real estate prices were in the tank and you could buy a whole neighborhood with $100,000.
Now, though, real estate prices are through the roof, and interest rates are skyrocketing too. So how does the everyday person start building a massive net worth in an economy like this one?
But for now, let’s dig in a little more about Lewis Hamilton…
January 7, 1985
Country of Origin:
Source of Wealth
Race car driver, Voice Actor
A British Formula One racing driver for the Mercedes-AMG Petronas Formula One Team, Lewis Hamilton, has a net worth of $285 million. Many consider Hamilton to be one of racing’s all-time best drivers.’ It’s no secret that Lewis is one of Formula One’s highest-paid drivers. He earns about $50 million a year from his Mercedes deal, which pays him $40 million a year.
Like many other Formula One drivers, he maintains a home in Monaco. He is said to possess a $25 million property in Kensington, West London. He also has a three-bedroom residence in Geneva and a $50 million New York penthouse. With all of this, numerous media publications have dubbed the 37-year-old the wealthiest British sports star in recent years.
Lewis Carl Davidson Hamilton was born on January 7, 1985, in Stevenage, Hertfordshire, England. Carmen, his mother, is white, and Anthony, his father, is black. Hamilton identifies as black. His parents divorced when he was two, and he lived with his mother and half-sisters until he was twelve.
Hamilton then moved in with his father, stepmother, and half-brother Nicolas. Hamilton began learning karate for self-defense when he was five years old. He was bullied in school. His father gave him a radio-controlled automobile when he was six years old. The next year, Hamilton finished second in the British Radio Car Association championship.
When he was six, his father gave him a go-kart for Christmas. Anthony Hamilton committed to supporting his son’s blossoming racing career as long as he remained in school and worked well. Lewis attended the Catholic secondary school The John Henry Newman School in Hertfordshire. He also played football (soccer) in school. He began studying at Cambridge Arts and Sciences in early 2001.
Hamilton made his professional motorsports debut in the 2001 British Formula Renault Winter Series.
Because of his strong showing in the 2001 Formula Ford Championship, he was invited to compete in the 2002 Formula Renault British Championship, where he finished third. He showed himself to be one of the most promising young drivers while racing for Manor Motorsport.
ART’s 2006 Grand Prix was made possible because of his outstanding results in Formula Three. When he made his Formula One debut in 2007, he finished second in the Australian Grand Prix.
Another second-place result came Lewis’s way in Bahrain and Barcelona in F1.
Throughout the 2011 Formula One season, Lewis Hamilton finished second in the Australian Grand Prix, won the Chinese Grand Prix, and finished the season with another triumph in Abu Dhabi. Mercedes-Benz Works Team signed Lewis Hamilton as a driver in the fall of 2012.
Hamilton finished second in the Australian Grand Prix in 2016 and went on to win the British Grand Prix the following year. After claiming victories in Malaysia and Japan, he now has a strong claim to the World Championships.
Despite having more pole positions and race wins than any other driver in 2016, Hamilton lost the world drivers’ championship titles to teammate Nico Rosberg by five points.
The Chinese Grand Prix was Hamilton’s first victory of the season, and he finished second in Australia. In Spain, he triumphed, capturing his first world championship of the year.
Hamilton won the 2020 Turkish Grand Prix with three rounds, finishing the season 124 points ahead of teammate Bottas, who finished second in the standings. In the midst of Formula One’s We Race as One campaign and rising worldwide support for the Black Lives Matter movement, Hamilton took the knee before each race and donned t-shirts with “Black Lives Matter.”
Lewis Hamilton has a net worth of $285 million as of 2022.
Lewis Hamilton Success Clues
1. Never lose sight of the big picture.
2. Consistent application of self-restraint yields positive results.
3. Take the time to put in the effort.
Featured Lewis Hamilton's Best Quotes Of All Time! Quotes
"Losing is never an option. Winning is a must." --Lewis Hamilton
"I like taking risks. I like trying new things, whether it be style or restaurants or whatever." --Lewis Hamilton
"There are times when you are growing through experiences, but sometimes there is a point of diminishing returns in terms of growth." --Lewis Hamilton
"What people tend to forget is the journey that I had getting to Formula One. There were plenty of years where I had to learn about losing and having bad races." --Lewis Hamilton
In my opinion, Lewis Hamilton is one of the greatest racing car drivers ever. His accomplishments have made him the most successful British Formula One driver, with the greatest number of career points and the greatest number of wins on various racing tracks.
In 2022, Lewis Hamilton’s net worth is $285 million.
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