Usain Bolt Is Fast, But His Net Worth is Rising Even Faster

2 Min Read
RIO DE JANEIRO, BRAZIL - AUGUST 14: Usain Bolt of Jamaica competes in the Men's 100 meter semifinal on Day 9 of the Rio 2016 Olympic Games at the Olympic Stadium on August 14, 2016 in Rio de Janeiro, Brazil. (Photo by Cameron Spencer/Getty Images)

Usain Bolt is known as one of the most successful Olympians in the history of sports, it has been estimated that Bolt’s net worth reaches 60 million dollars.

Born in 1986, his abilities in sports were noticed by his cricket coach, who saw Usain Bolt’s ability to run fast and encouraged him to get involved into track and field.

Soon, Usain Bolt became the fastest running young human on the planet, which soon became the main source of Usain Bolt net worth.

During his career Usain Bolt has set a lot of world records, including 100 meter, 200 meter and 4×100 meter distances.

Bolt ranked No. 32 on Forbes Magazine’s annual list of the top 100 highest-paid athletes, raking in $2.5 million in winnings and another $30 million in endorsements between June 2015 and June 2016. He is the only Olympian on the top-100 list who doesn’t play professional basketball, golf, tennis or soccer.

However, the majority of his money comes not directly from sports, but from his various endorsement deals with famous companies, such as Puma, Visa, Nissan, Gatorade, Hublot and many others.

Out of those 20 million dollars, 9 million dollars come from his endorsement deal with Puma alone. Usain Bolt usually wears Puma shoes when he is appearing in public.

Thus, Puma is considered as one of his most important endorsement deals, which also increases the overall amount of Usain Bolt net worth a lot.

In addition to getting money from endorsement deals, Usain Bolt also gets money from his prizes as well as appearances.

Bolt earns prize money from competitions and appearance fees of up to $400,000 just for showing up at some events, given his unique ability to sell seats.

 

 

TAGGED: ,
Share this Article
Leave a comment

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.