Usain Bolt Net Worth: Coronavirus Positive Runner Earns $30M From Endorsements
KEY POINTS
- Usain Bolt won nine Olympic gold medals in his career
- He retired in 2017
- Bolt earned $30 million from sponsorships in 2018
Usain Bolt’s net worth is around $90 million. Despite being retired, he still makes serious money off endorsement deals.
Bolt decided to hang it up in 2017. He has virtually won every major tournament in track and field, individually and in team events, capping his career that spanned 16 years with 11 medals at the World Championships.
Considered the “fastest man alive,” Bolt bagged a total of nine Olympic gold medals in his storied career, It would have been 10 gold medals had his teammate not failed a drug test, which scrapped a medal off team events. The Trelawny Parish, Jamaica native owns the record for both the 100 meter run and 200 meter run, clocking in 9.58 seconds and 19.19 seconds, respectively.
After retiring, the sprinter busied himself investing in different ventures in his home country. The 34-year-old is into the restaurant business, owning three branches of “Track & Records” in Jamaica. Due to its success, “Track & Records” was able to expand in London. But these are not the only source of income for Bolt. He has multiple lucrative deals that enable him to live comfortably post-retirement.
Forbes reported in 2018, a year less removed from competing professionally, the world record holder earned a whopping $30 million from sponsorships alone. His total of $31 million prize winnings and sponsorship deals positioned him on the 45th spot in the highest paid athletes in that year. One of his biggest endorsements is from Puma that pays him $10 million annually. Bolt also represents Gatorade, Visa, Virgin Media, All Nippon Airways and Hublot.
What makes him an ideal brand ambassador is his flair, dominance and humility. He never lets success get into his head and most importantly, he has not been involved in performance-enhancing drug scandals.
According to Celebrity Net Worth, Bolt is the co-founder of Bolt Mobility, a company which makes electric vehicles. His fondness for fast cars led him to owning some high-end vehicles such as Ferraris, BMW M3, Audi SUV, Nissan GT-Rs and a Chevy Camaro.
As they say you can take the athlete out of the sport but you cannot take the sport out of the athlete. Once removed from the routines they have been doing all their lives, they start to crave the adrenaline rush and their bodies miss the daily grind. This could be one of the reasons why the sprinter tried to get his feet wet in professional football.
He trained for months and eventually got accepted in a professional team in Australia. He played 20 minutes in an actual game but his career never took off.
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