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Sunday, August 6, 2017

What is Usain Bolt’s net worth?

Until Justin Gatlin put a dent on that record , Usain Bolt was the fastest man on Earth .

The Jamaican sprinter is also among the richest athletes on Earth , too , Yahoo News reports.
Bolt ’s last race before retirement is Saturday, August 12 , and one of the most iconic athletes of all time will call it a career .

Bolt ’s amazing track career has included three appearances at the Olympics , eight gold medals and the current world record time in the 100 m dash with 9 . 58 seconds.

Gatlin won the world 100 m final in a time of 9 . 92 secs , with his fellow American Christian Coleman second in 9 . 94 secs and Bolt third (9 . 95 secs ).

Despite everything , Usain Bolt ’ s net worth is a tidy $ 34 . 2 m , according to Forbes , though other sources list Bolt ’s net worth as high as $ 60 m .
He is rated the 23 rd - highest - paid athlete in the world by Forbes.

“For comparison , he ranks one spot above Real Madrid winger Gareth Bale and one spot below Knicks point guard Derrick Rose ,” Yahoo Sports notes .

The most recognisable , and lucrative, sponsorship deal Bolt holds is with Puma , which pays Bolt $ 9 m per year to wear its shoes.

Puma has sponsored Bolt ever since he was 15 years old , reports say .

Bolt also has endorsement deals with Virgin Media, Gatorade , Nissan and Hublot.

He is the sixth highest - earning athlete from sponsorships , according to The Telegraph.

Most professional athletes earn exorbitant yearly salaries or get lucrative paydays for meeting bonuses or winning championships. Bolt ’s profession is much different . He has only earned about $ 2 . 2 m in his career from race winnings .

The bulk of Bolt ’s income and net worth come from sponsorships .

Track and field is much more difficult of a sport to achieve the levels of international fame, success and fortune that Bolt has earned due to its lower visibility , compared to the plethora of major American sports and the infrequency of the sport ’s largest event , the Olympics.

This is how Forbes sums him up : “The Jamaican sprinter wrapped his Olympic career in 2016 with a third straight sweep of gold medals in the 100 meter , 200 meter and 4 × 100 meter relay.

“The medal haul established Bolt as the greatest sprinter of all - time. He plans to retire after the 2017 World Championships.

“Bolt is a marketing juggernaut with more than a dozen sponsors. He added Mumm , XM , Kinder , Advil and Sprint to his endorsement portfolio over the last 12 months .

“His biggest deal is with Puma , which pays Bolt more than $ 10 m annually .

“Bolt is an investor and performer in the new annual Nitro Athletics track and field series that launched in 2017 . ”

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