Hamilton has further cemented his legendary status in F1 by announcing a move to Ferrari for 2025, where he will hope to earn a record-breaking eighth world title.
The British champion is also involved in various projects outside of motorsport, ranging from Hollywood to fashion.
In 2018, Hamilton was invited to design five collections for brand Tommy Hilfiger and remains a brand ambassador to this day.
Furthermore, Hamilton is a co-producer on Brad Pitt’s upcoming F1 film with reports suggesting he may have a starring cameo in the movie.
All of this has helped contribute towards a staggering fortune for the F1 legend, entering the top 10 in The Sunday Times’ ‘40 richest people under 40 in the UK’.
Hamilton was placed ninth on the list above international superstars such as Ed Sheeran, Harry Kane and Dua Lipa.
The champion is reported to earn £40 million a year from driving alone, and a further £10 million from brand deals with the likes of Bose, Tommy Hilfiger and Monster Energy.
Following the announcement of his move to Ferrari’s stock value surged by $7 billion to become the most valuable F1 team.
Leaks also suggest that Hamilton’s Ferrari contract could be worth as much as $446 million (£358 million), which would make him one of the highest paid Ferrari drivers’ of all time.