Usain Bolt Net Worth 2016

Usain Bolt Net Worth 2016

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The world famous Jamaican sprinter and a three-time World and Olympic gold medalist, Usain St. Leo Bolt has become quite a brand for the last few years. Being one of very successful athlete, Usain Bolt net worth has been declared to have approximation of 30 million dollars in 2016. So far, in total he has won three Gold medals at the Olympics, alongside three Gold and 2 Silver medals at the World Championships.

Usain Bolt was born on August 21, 1986 in Trelawny, Jamaica. He grew up with two siblings, his sister Sherine and his brother Sadiki. Wellesley and Jennifer Bolt (parents) owned and operated a grocery store when Usain was a child. People all over the world have seen him setting world records since he was a junior competitor. In fact this fastest man on earth has already broken his own record in the 100m sprint twice.

Usain Bolt Net Worth, Olympic 2012
Usain Bolt at 2012 Olympics | image credit – Wikimedia/Nick Webb

Usain Bolt Net Worth:

Bolt’s biggest sponsorship deal is with Puma which pays approximately $9 million a year. Puma renewed its sponsorship deal in 2010. Again, the German sportswear giant declared that Bolt received a sum that is by far the largest ever given to a track and field athlete. Though Puma did not disclose financial details. But some press reports refer these amounts as comparable to Nike’s four-year $32 million deal with football superstar Cristiano Ronaldo.

Bolt has been with Puma since he was 16. He introduced himself to the world at the 2008 Games. He set the world records in the 100 and 200 meter finals that year. We all can suspect that Usain Bolt earns little in prize money. But like many other renowned athletes, he also has a great deal of sponsors’ endorsement.

  • Age: 29
  • Source Of Wealth: Track
  • Salary/Winnings: $15K
  • Endorsements: $21 M
  • Residence: Kingston, Jamaica
  • Citizenship: Jamaica
  • Marital Status: Single
  • Agent: Gina Ford, Ricky Simms
  • Agency: Pace Sports Management

Earnings: Salary and Endorsements

Obviously Usain Bolt is one of the wealthiest sportsmen on the track. I believe, that’s very normal if you are seen to be the fastest running individual on the planet. His career in sprint brought vast amounts to Usain Bolt net worth, which made him one of the most famous individuals internationally. Usain Bolt’s specific skills in sport were understood when he attended school. His capability to run quickly was first valued by the high school cricket coach. He guided Bolt concentrate on track and field. Shortly after, Usain Bolt became the gifted young sprinters who at first of his sprint profession set records in the relay races of 100 meters, 200 meters and 4100 meters.

Breaking record | image credit - Flickr/friskytuna
Breaking record | image credit – Flickr/friskytuna

Therefore, it’s clear why the sprinter is being thus commended and receives lots of favorable media interest. There after Usain Bolt net worth had raised a lot as a result of his successful operation at London Olympic Games in 2012. The sprinter was among the short list of highest earning athletes around the world in 2012.

As for endorsement deals, Usain Bolt is called the facial skin of lots of well-known brands for example Hublot, Visa, Nissan, Puma, Gatorade and Virgin Media. Another element of Usain Bolt net worth comes from various looks for which he gets paid and additionally from prize money.

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How much is Usain Bolt’s Net Worth?

Bolt is one of the few people to emerge triumphant in the junior, youth and senior levels. In fact he is the first athlete to break world records for three different sprint events in a single Olympic events. No wonder, Usain Bolt is titled as “Lightning Bolt”. The success enjoyed by Bolt in his sporting career has turned him into a very rich man. His track and field prize money is estimated to be about 300000 USD per year.

Sally Pearson and Usain Bolt,
Sally Pearson and Usain Bolt | image credit – Flickr/Doha Stadium Plus Qatar

Other than the German brand Puma, he also has multi million ad deals with telecom firm Virgin Media, Swiss watch giant Hublot and mobile gaming company RockLive. The fabulous wealth earned till date ensures the sprint legend a very luxurious lifestyle. He owns a very deluxe house at his native place Jamaica. He had recently acquired a Rum Cay Island ocean front property valued at millions of dollars in the Bahamas. Bolt also drives luxury cars like BMW.

Usain Bolt takes an active interest in the sports of cricket and football. His two favorite football clubs are Real Madrid in La Liga and Manchester United in English Premier League. He also has participated in charity cricket matches to raise money for noteworthy causes which added a charisma to Usain Bolt net worth. Most of his childhood was spent in taking part in different games like cricket and football.

100 m final Berlin, Usain Bolt
100 m final Berlin | image credit – Wikipedia/Erik van Leeuwen

Bolt is currently in a relationship with Slovakian fashion designer Lubica Slovak. The couple fiercely guard their privacy from the media and prefer to spend their spare time in Jamaica home.

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Net Worth: How He Earned It!

Bolt is widely considered to be the best sprinter in the history of the sport. He made nearly $100,000 in prize money from his Olympic wins. He also broke two world records in the 100 and 200 meter races and received two $100,000 bonuses. Alongside Bolt makes the majority of his money from endorsement deals with brands. Out of $20.3 million in earnings, $9 million came from Puma alone for him to wear their brand of shoes. Bolt also charges $250-300,000 for a track meet appearance.

Bolt at Brunel University, net worth
Usain Bolt | image credit – Flickr/Brunel University

Considering Usain is only 29 years old today, he is young enough to compete in the 2016 Brazil Olympics. And if he stays on pace with earnings, Usain Bolt net worth should be well over $100 million when he arrives from Brazil in 2016.

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