Usain Bolt
With a height of 6 ft and 5 inches, also 1.95 meters, and a weight of 206 pounds or 94 kg, Usain Bolt, also known as Lightning Bolt, has broken records from 2007 to 2019. So, did he earn money from his on-track performance or other places which resulted from his success in his area of expertise as an athlete? Let us answer these questions and also answer the question of how much he is worth. Read more to find out Usain Bolt’s net worth, how he made his money and how he spends some of it in his free time. Let us begin.
Usain Bolt’s net worth
Usain Bolt is the highest paid among all the track athletes. With a net worth of $90 million at the time this article is written, it can be easily said that the track athlete has made a fortune for himself in addition to a name that will be forever remembered as someone who pushed the human limit of being an athlete. Even though he is now retired as an athlete, Usain Bolt is still working in different avenues to further his fortune even more, and to help the people around him.
How does usain bolt make his money?
Well, while we certainly do not know the answer exactly, it can be said that his brand endorsement deals have been especially helpful. Usain Bolt made $30 million in his most lucrative year, which was between the summer of 2017 and to summer of 2018. Over 90% of the $30 million he made around that time was from endorsements. Combine that with his Puma deal that pays him $9 million every single year, and the amount of money he is making is certainly unheard of for other track athletes.
Usain Bolt also charges for every track appearance. If any organization wants Usain Bolt to run or sprint in their event, they will have to pay between 250,000 to 300,000 dollars for him to join their event and appear on the track. This is the amount for a single track which means that if Usain Bolt is having another track appearance for another sprint event in the same overall event, he will be getting paid twice the amount mentioned above. That is crazy! However, if it is considered that he is one of the most famous and integral people in the Olympics, it is easy to understand why it would be really expensive to get him to appear on your track. It also needs to be said that a track appearance takes a lot of preparation time physically and mentally which also makes up for the amount paid by the people who want Usain Bolt to make a track appearance in their event.
Also, Usain Bolt has partnered up and has been the spokesperson for Bolt Mobility which had an increase in funding by close to $30 million in 2020 alone. Bolt Mobility focuses on electric-based vehicles like scooters, mopeds, or bikes. They are also working on GPSs for micro mobile vehicles and are working towards overall health and the movement of the nation with intuitive and sleekly designed vehicles. Their vehicles are also cheap with the addition of two-seat electric cars which will have a starting price of $1000. With these cheap and new designs for the company and the company itself overall, Usain Bolt has made a name for himself even after he retired from sprinting in 2019.
How does usain spend his money?
While it may not be as extra as we’ve seen some billionaires have, Usain Bolt also has a car collection in which he has some cars that all car lovers will know the names of. Including cars like Ferrari F430, Ferrari 458, Ferrari California, and a few BMWs, Usain Bolt’s collection is definitely extravagant for us folk, but we personally wouldn’t call it too much for a world-renowned athlete with almost a hundred-million-dollar net worth.
His collection also includes an Audi SUV, Nissan GT-Rs, Chevy Camaro, and a Jeep Wrangler. While we do not know the extent of his collection in its entirety, it is pretty easy to say that this might be Usain Bolt’s most expensive hobby and where some of his earnings go.
With a $90 million net worth, Usain Bolt is the person who has earned the most amount money as a track athlete and with his successes, world records, and every accomplishment, it is no surprise. Making over $30 million between 2017 to 2018, he makes quite a lot of money even after his retirement in 2019.
Who is the richest athlete ever?
With a net worth of $2.2 billion, Michael Jordan is the richest athlete ever. Vince McMahon and Ion Tiriac follow behind as billionaires.
Who is the richest Olympic athlete ever?
Anna Kasprzak is the richest Olympic athlete ever. Known for dressage, she has a net worth of $1 billion.