The money Lewis Hamilton earns on the racetrack is partly invested in projects that are especially close to his heart. This makes him one of the most generous athletes in the world.
In 2016, the seven-time world champion began to stop outsourcing his image and his F1 contracts by setting up the management company “Project 44”. This is the company that serves as the basis for the driver’s generosity. Largely focused on charity, Lewis Hamilton has been funding the Extreme E project in its entirety through his companies since 2020. The driver has funded the Hamilton Commission, which serves as a vehicle to influence F1’s CSR. These charitable actions and Mission 44 aim to promote diversity in the motorsport and STEM industries.
Ranked as the 5th most generous person by the Giving List in 2022, having given $24 million. On numerous occasions, the Briton has made a name for himself by donating large sums of money to charities and associations (one example is his $500,000 donation to fire-ravaged Australia in 2020).
An investment portfolio built around his lifestyle
Since 2020, Lewis Hamilton has been building a portfolio of investments around his lifestyle: Apollo Films, to fulfill a TV contract with Apple; TMRW Sports, with Tiger Woods and Rory Mcllroy, to democratize golf; The Note Company, a Chile-based company of plant-based milk products; the Denver’s Broncos in the NFL…
The Mercedes driver, whose wealth is estimated at £300 million, has donated about £20 million in 2022, which is about 7% of what he has earned in his career.