A recent article published by GQ rated the 25 highest paid athletes. The only Formula 1 driver on this list was the legend himself, Michael Schumacher.
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Although Schumacher’s numbers in Formula 1 were once considered untouchable, let alone surpassed, Lewis Hamilton has reached and exceeded many of the German’s records.
But how does Lewis Hamilton compare to Michael Schumacher in terms of wealth?
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MONTE CARLO, MONACO – MAY 23: Lewis Hamilton (R) from Great Britain and McLaren listens as Michael Schumacher (L) from Germany and Mercedes GP on the drivers press conference during the preview of the Monaco Formula 1 Grand Prix the Monte Carlo Circuit speaks on May 23, 2012 in Monte Carlo, Monaco. (Photo by Clive Mason / Getty Images)
Lewis Hamilton
Hamilton’s story is really inspiring. He came from a modest background and made it to the top of Formula 1; almost.
Lewis Hamilton is the most marketable face of Formula 1 and has been for many years.
By the end of the current season, Hamilton will have made $ 82 million; he will receive $ 70 million in salary and bonuses. In addition, the 36-year-old has advertising revenue of around $ 12 million per year. It is sponsored by Tommy Hilfiger, Sony, Police, Puma and Monster Energy.
The Briton has an estimated net worth of $ 285 million. Hamilton has made an estimated $ 500 million over the course of his career.
Lewis Hamilton still has time to overtake Max Verstappen in the Formula 1 classification; With or without a championship bonus, however, he is guaranteed to lead the Formula 1 race, as he has done every year since 2014 https://t.co/n0CzklnrmB pic.twitter.com/cMJitvkqQt
– Forbes SportsMoney (@ForbesSports) July 24, 2021
Michael sSchumacher
The greatest success in Michael Schumacher’s career is not his records, which the German himself admittedly paid little attention to. It’s the fact that his name is synonymous with Formula 1; he was Formula 1 for a whole generation.
And marketing executives were very aware of this. In his heyday, Schumacher made an estimated $ 80 to 100 million a year. In 1999 he was the highest paid athlete in the world.
The Formula 1 legend has an estimated net worth of $ 600 million and despite a head injury that resulted in a coma in 2013, he still reportedly makes $ 50 million a year. But what is really amazing is the money he’s made in his career – a mammoth $ 1.13 billion.
Fun fact: Michael Schumacher was allegedly one of the first billionaires in sport and thus one of the richest athletes of all time.
Hamilton and Alonso are likely the only current drivers to make over $ 50,000,000, but $ 1 billion in revenue may never be touched by a driver again. pic.twitter.com/O9m8ytE8sb
– Nathan (@ b1gnate_11) September 18, 2021
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Hamilton vs. Schumacher – verdict
Although Hamilton came close to and even surpassed Schumacher in many of his records, Mercedes driver may never overtake Michael Schumacher in terms of revenue and wealth.
An active Hamilton’s net worth isn’t even half that of a retired Schumacher, but if the current Mercedes driver wins his eighth title, he could set out to surpass Schumacher’s legacy and bank balance.
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Although that too could take many, many years.
The post Lewis Hamilton vs. Michael Schumacher Asset Comparison: Which 7-Time F1 Champion Is Richer? first appeared on monter-une-startup.
