Usain Bolt Net Worth: Usain Bolt is one of the highest-paid Olympians of all time, with a net worth of $90 million as of January 2023, just ahead of Michael Phelps. Usain Bolt, a sprinter from Jamaica, holds multiple Olympic records and the world record. Since the introduction of mandatory fully automatic time, he is the first person to simultaneously hold the 100- and 200-meter world records. Let’s dig deep into Usain Bolt Net Worth.
What are Usain Bolt’s Net Worth and Salary?
Usain “Lightning” Bolt, a sprinter from Jamaica, has a fortune of $90 million. Usain Bolt, at the height of his career, was the world’s fastest man and one of the highest-paid athletes ever, particularly in Olympic years. Before the Olympics, Usain made between $20 and $30 million annually.
At this point in time, he has earned more money than any other track and field athlete in history. The vast majority of his income, as one might expect, came from endorsements rather than on-track competition prizes. Most of his wealth came from the German shoe company Puma, which paid Usain $9 million per year to wear their shoes at all times, regardless of whether he was competing or not.
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— Gautam Kapoor (@gautamkapoor54) January 15, 2023
Visa, Nissan, and Gatorade all signed sponsorship deals with Usain, bringing in additional millions for him. In 2010, Bolt published an autobiography with Harper Collins that became a best seller and earned him a multi-million dollar advance. As a result of his fame, Usain can charge anywhere from $250,000 to $500,000 to make an appearance at track and field competitions around the world.
Usain Bolt won eight gold medals over the course of his Olympic career. Several of his times in the 100- and 200-meter races are world records (19.19).
Usain Bolt Net Worth: Early Life
On August 21, 1986, Bolt was born in the small town of Sherwood Content in the Jamaican parish of Trelawny. He is one of three children; his other siblings are a brother named Sadiki and a sister named Sherine. Wellesley and Jennifer Bolt ran a small country grocery store.
Bolt’s early promise as a sprinter was evident during his time at Waldensian Primary, where he competed on behalf of his parish in the annual national primary schools meeting. At the tender age of 12, Bolt had already established himself as the institution’s top 100-meter sprinter.
Usain Bolt Net Worth: Career
While at the 2008 Olympics in Beijing, Bolt set new world records in both the 100- and 200-meter dashes, en route to winning three gold medals. Usain Bolt added three more gold medals to his collection at the 2012 Summer Olympics in London. With his 9.63-second winning time in the men’s 100-meter race, he became the first athlete in Olympic history to break three separate world records.
He has won three gold medals at three consecutive Olympics, including the 100- and 200-meter individual events and the 4×100-meter relay at the 2016 Summer Olympics in Rio.
Usain Bolt Net Worth: Personal Life
Bolt’s friends and family say he has a chill demeanor and enjoys life. The eight-time Olympic gold medalist and his girlfriend, Kasi Bennett, announced they were expecting their first child in January 2020. Since 2016, they’ve been a couple.
The Call of Duty video game series and reggae music are two of Bolt’s favorite things. As of July of this year (2019), he has been actively engaged in the field of dancehall music production. He has come forward to talk about his experience with scoliosis as a kid.
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Gains from Endorsements and Other Sources
Usain Bolt, at the height of his career, earned more than almost any other athlete on the planet. Around $20 million a year was his average annual salary, most of which came from endorsements. Gatorade, Nissan, Visa, Hublot, Virgin Media, and Puma are just some of the companies that have signed endorsement deals with Usain.
The $9 million he receives from Puma is a significant portion of his total earnings of $20 million. Prize money and paid appearances are also sources of revenue for Bolt. For an appearance at a track meet, he requests $250,000 to $300,000. Attendance records for track and field events were broken in 2010 when nearly 55,000 people showed up to watch Usain run in the Penn Relay.
The 31 million dollars Usain Bolt made between June 2017 and June 2018 is staggering. To put it another way, only $1,000,000 of his earnings were legitimate. Endorsements accounted for the remaining portion.
Car Collection
Usain has an impressive collection of automobiles, which is perhaps not surprising given his passion for speed. There are several Ferraris in his garage, including an F430, 458, and California. He currently possesses a BMW M3, which he wrecked in 2009. The highly modified Jeep Wrangler, the Audi SUV, the multiple Nissan GT-Rs, and the Chevrolet Camaro are just a few of the vehicles in his garage.
Bolt Mobility
Usain is a co-founder of Bolt Mobility, an electric vehicle manufacturer in Miami. There are 5,000 scooters under the company’s management in several cities in the United States and Paris. Bolt introduced the B-Nano, a two-seater electric car, in May 2019 for a starting price of just $99. The company secured $30 million in venture capital funding in March 2020.
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