What is Lewis Hamilton’s Net Worth and Who are His Parents and Family?

What is Lewis Hamilton’s Net Worth?

Net Worth:$286 million
Age/Date of Birth:
39 years old (7 January 1985)
Height:
5 feet, 9 inches (1.74 m)
Ethnicity/Race:
Mixed-race (White-British mother and Black British father)
Nationality:British
Parents:Father: Anthony Hamilton
Mother: Carmen Larbalestier,
Lewis Hamilton is an eminent British race driver who established himself as one of the Formula One greats at a very young age. Lewis Hamilton has an estimated net worth of $350 million

Aside from being a six-time World Champion, he has broken many records and received several honours in the process, including being made a Member of the Order of the British Empire. Continue reading as we unravel some interesting details about his parents and net worth.

Lewis Hamilton’s Background Details

Born Lewis Carl Davidson Hamilton on January 7, 1985, Lewis Hamilton currently races for the Mercedes AMG Team. The 2008 and 2014 Formula One World Champion is one of the most coveted race drivers in the world and is believed by both fans, managers, journalists, and analysts to be one of the greatest drivers in the history of Formula One.

Lewis Hamilton is a product of interracial marriage. His mother Carmen Larbalestier is a white British woman while his father is black. At age two, his parents separated and the young Hamilton lived with his mother and half-sisters until he was twelve; he then moved in with his father and lived with him and his step-mother and half-brother.

Image Source

A Look At His Career Timeline

Having gained unwavering support from his parents, Lewis Hamilton approached McLaren team principal Ron Dennis to express his desire to race for McLaren. In just three years, he was signed by the franchise and Mercedes-Benz in the Young Driver Support Program.

Hamilton went on to win the British Formula Renault, Formula Three Euro series and GP2 Championship to start his career in the top flight. Riding for McLaren in 2007, Hamilton also holds the record for the youngest driver to secure a contract in a Formula One drive. Often labelled ‘the first black driver in Formula One’ for having a black father and white mother, he is also the first driver of African ethnicity to have won a major race at Indianapolis Motor Speedway.

Finishing second in the debut Formula One Championship and one point behind Kimi Raikkonen, Hamilton was crowned the Champion a year later while he also became the youngest Formula One champion in history. His record stood only for two years after Sebastian Vettel took the crown from him in 2010.

Hamilton was also named ‘BBC Sports Personality of the Year’ 2014 after winning the 2014 Formula One Championship. This professional athlete is often considered to be one of the highest-paid race car drivers in the world and has collected several titles, records and accolades. Hamilton is also the only driver to have won at least one race each season, with McLaren (2007-2012) and Mercedes (since 2013).

Analysis of Lewis Hamilton’s Net Worth and Salary 

According to Forbes, Hamilton is one of the most marketable drivers in Formula One, with a plethora of endorsement deals covering IWC, Monster Energy, L’Oreal, Bose, Puma, MV Agusta Motorcycles and Bombardier Recreational Products. In 2016, he signed a three year deal with Mercedez worth 120 million in total earnings. Three years later, Lewis further signed a lucrative two-year contract worth over $40 million per annum with bonuses. He also has endorsements which are estimated at $10 million.

In the annals of Formula One, he is currently the highest-paid driver, with career earnings estimated at $489 million, followed by Michael Schumacher and Fernando Alonso whose earnings are pegged at $464 million and $438 million respectively. Lewis Hamilton is a superstar who currently enjoys his life with a net worth pegged at $340 million.

Highlights of His Sponsorship Deals

Hamilton has endorsement or sponsorship deals with the following brands:

– IWC (watch manufacturer)

– Monster Energy Drinks

– L’Oreal

– Bose

– Puma

– MV Agusta Motorcycles

– Bombardier Recreational Products

– Sony

– Gran Turismo

In 2019, Forbes estimated that a combination of these brands brought in an additional £15 million on top of Hamilton’s Mercedes salary, this figure is expected to rise further as he branches out further into the world of fashion and music, collaborating with Tommy Hilfiger and Christina Aguilera

What We Know About His Car Collections

Lewis Hamilton lives a lavish life and currently owns a Bombardier Challenger 605 private jet. He also commands a fleet of costly sports cars like Mercedes-Benz CLK, 1966 Shelby 427 Cobra, Ferrari LaFerrari, Pagani Zonda 760 LH, Mercedes-AMG SLS Black Series, McLaren P1, 1967 Ford Mustang Shelby GT500, etc. He equally owns bikes such as the Mercedes-Maybach S600, Maverick X3, Honda CRF450RX Motocross Bike, Dragster RR LH44 and many others.

Who are His Family Members?

Meet Lewis Hamilton’s Father, Anthony Hamilton

Lewis Hamilton’s father, Anthony Hamilton, was born in West London, following the emigration of his parents from Granada to West London in 1955. He later got acquainted with Carmen Larbalestier who was a secretary at the time and got married to her. Then on 7th January 1985, the union was blessed with a son, Lewis Carl Hamilton, who was christened after the renowned American Olympic athlete, Carl Lewis.

Afterwards, Lewis Hamilton’s father split from his wife, two years after the birth of their son. While he moved out of the house following his separation from Carmen, Raymond Lockhart whom Carmen later married, moved in. Even though Anthony separated from his wife before Lewis was two years old, he never stopped lavishing love on the young lad whom he has always been there for since his first breath on earth.

Anthony Hamilton later married another wife, Linda who is now Lewis’ step-mother. The pair began dating when the highly skilled race car driver was ten years old. The union has since produced a son – Lewis’ half-brother, Nicolas, who is also a race driver, despite him suffering from cerebral palsy.

Interestingly, Anthony has been very pivotal in Lewis Hamilton’s journey to Formula One (F1). He gave the Stevenage-born superstar his first remote control car at the age of six and also purchased his first go-kart as a Christmas gift when he was seven years old. Anthony was Lewis Hamilton’s manager from the go-Karting stage and guided him as he progressed from the Rye House Kart Circuit in Hertfordshire to Formula One.

Unfortunately, Lewis Hamilton fired his father after being his manager for 18 years, just two weeks before the start of Formula One season. When he was asked about his decision to fire his dad, he downplayed it by saying that his dad will miss being around the track. He also stated that he’s got other things to focus on and doesn’t want his dad to be his manager anymore.

However, his father disclosed that even though his son refused to pay him £3 million he promised him as a “thank you” package for his 18 years of service, he is comfortable with his decision. Even after sacking his father as his manager, Anthony has continued to be at the stands alongside Linda, cheering up the Formula One superstar in most of his races.

Lewis Hamilton’s Mother, Carmen Larbalestier

Lewis Hamilton
Lewis Hamilton and his mother, Carmen (image source)

Lewis Hamilton’s mother, Carmen Larbalestier had the custody of Lewis after her divorce from her husband, Anthony. She brought him up along with his half-sisters, Samantha and Nicola in Stevenage. Following her decision to relocate to London with her family when he was 12 years old, Lewis decided to move in with his father, step-mother, and half-brother who still reside in Stevenage. Despite being managed by his father for 18 years, Carmen still maintained a loving relationship with her son.

At the Chinese Grand Prix in 2008, for instance, Ms. Larbalestier was pictured embracing her son and his stepmother Linda. This hug was repeated after he secured his fourth world title in Mexico. Back in London, in 2015, Hamilton gave his mother a surprise 60th birthday party and even went out of his way to get Jessie J to sing at the party.

When asked about her split from her husband, Carmen disclosed that Lewis Hamilton was the best thing to come out of her marriage and that the split didn’t have any emotional effect on him. She further revealed that Anthony wanted to be famous and thankfully, he has achieved that, as her quest for a quiet life created a barrier between them. More so, she admitted that without Anthony’s persistence and hard work, Lewis wouldn’t have been able to achieve so much at present.

Net Worth:$286 million
Age/Date of Birth:
39 years old (7 January 1985)
Height:
5 feet, 9 inches (1.74 m)
Ethnicity/Race:
Mixed-race (White-British mother and Black British father)
Nationality:British
Parents:Father: Anthony Hamilton
Mother: Carmen Larbalestier,
Timothy Walbe
Timothy Walbe
Timothy Walbe has extensive professional writing experience in technical, product reviews, informational and persuasive articles as well as creative and content writing on nearly any topic including finance and investment

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