Introduction

Sebastian Vettel is a German former professional race car driver with an estimated net worth of $140 Million.

Vettel competed in Formula 1 for 16 years, competing in 299 races and recording 53 wins and 3,098 points. During his career, he earned approximately $367.82 million from salary and bonuses, averaging $22.99 million/year.

However, the above figures don’t account for 100% of Vettel’s income. He also typically earned $1 million/year from various endorsement deals, but began declining sponsorships toward the end of his career.

Vettel won the World Drivers’ Championship at the youngest age of any driver in history and became the youngest driver to win the double, triple, and quadruple world championships in Formula One. He previously raced for Red Bull, Toro Rosso, BMW, and Ferrari Scuderia and is one of only four drivers to have won four or more championships in Formula One.

Quick Facts

• Earned over $320 million between 2012 and his retirement
• Peak annual income of $42.3 million in 2017
• Typically earned between $300,000 and $1 million per year off-track
• Sponsors included Braun, Casio, and Head & Shoulders, among others

Earnings History

Before we go into more detail on Sebastian Vettel’s Formula One contracts, annual salary, and some of the other ways he’s bolstered his income over the years, let’s summarize his career earnings. In the 2010s and early 2020s, Forbes consistently ranked Vettel among the highest-paid drivers in Formula One.

Between 2012 and 2019, he was a consistent entry on the list, typically earning between $18 million and $42 million annually from all endeavors. This includes not only his F1 salary but also additional income from bonuses, licensing royalties, and brand endorsement agreements. That said, his base salary typically accounted for well over 90% of his total annual income, as you’ll find out shortly.

For the first few years of the decade, Sebastian Vettel earned between $18 million and $19 million per year. The major shift in his annual income occurred in 2014, when he signed his first three-year contract with Ferrari, resulting in an estimated $33 million that year. During his time at Ferrari from 2015 through 2020, Vettel’s annual earnings never dipped below $36 million, reaching a career high of $42.3 million midway through his tenure.

Vettel’s final appearance on the annual Forbes list was in 2022, during his last year with Aston Martin, when he earned approximately $17 million. This brought his total earnings from 2012 to 2022 to at least $285.4 million (likely exceeding $320 million when including 2020 and 2021).

Formula One Contracts & Salary

Upon researching how much money Sebastien Vettel earned in Formula One, the only figures we couldn’t find were for his initial season at BMW Sauber in 2006. Based on the information available, Vettel earned at least $368.8 million in base salary during his Formula One tenure. This figure doesn’t include his additional earnings from brand endorsements, licensing, and so on. These earnings were split primarily between three teams: Red Bull, Ferrari, and Aston Martin.

Endorsement Income

Throughout his career, Sebastian Vettel earned a small portion of his income off the track through endorsement deals; however, these earnings weren’t substantial compared with his on-track salary in Formula One. According to Forbes, Vettel’s annual endorsement income typically ranged from $300,000 to $1 million, accounting for less than 3% of his total income.

Which companies paid him the most money is unknown, as none of his contracts with these brands have been publicly disclosed. However, that said, we do have a list of all the partnerships Vettel secured during his career, which includes companies such as:

• Braun (men’s grooming)
• BWT (Best Water Technology)
• Casio (watches)
• Head & Shoulders (hair care)
• Infiniti (automaker)
• Shell (fuel and auto lubricant)
• Pepe Jeans (clothing)
• Tirendo (tires)

Based on the information available to us, we estimate that Sebastian Vettel earned between $5 million and $10 million from brand endorsements over the course of his Formula One career.

How Does Sebastian Vettel Spend His Money?

Vettel is concerned about environmental and social justice issues surrounding the LGBTQ+ community and supports them. He has helped children build beehives to prevent an agricultural crisis caused by declining bee numbers across Europe.

Vettel has raised the ire of the Canadian government with his rants about the Alberta tar sands petroleum extraction. However, as he drives for Aston Martin, which manufactures some of the most expensive cars in the world and is sponsored by the petroleum company Saudi Aramco, it’s a bit hypocritical of him.

He owns a modest farmhouse in the canton of Thurgau, Switzerland, worth an estimated $7 million, and is said to own other property in the area. However, he is extremely secretive about his financial position and has requested that the authorities remove his land registration details from their online records.

Summary 

It is difficult to predict what Sebastian Vettel will do next, as he doesn’t have to prove anything to anyone and has the wealth, resources, and willpower to achieve whatever he wants. Many people are still shocked by the news of his departure from Formula One, as it marks the end of an era. In his recent interview, he mentioned wanting more family time, which is understandable given that he prioritizes it above all else.

Introduction

Kylie Jenner’s net worth is estimated at $670 Million, making her one of the youngest billionaires in the world.

As one of the most famous people in the world, you have likely heard of Kylie Jenner, the young Californian who has experienced a remarkable and meteoric rise to fame and wealth. Daughter of Kris and Caitlyn Jenner, Kylie Jenner’s net worth estimations are somewhere in the region of $670 Million – although that is a conservative estimate and could actually be quite a bit more if anecdotal evidence is to be believed.

Net Worth History

As with all business ventures involving Kylie Jenner, net worth figures are difficult to determine with any accuracy, as her companies are largely private. Her estimated and unreported net worth has fluctuated between $500 million and $1.5 billion, depending on the source of information.

Kylie Jenner’s net worth estimations have become something of a guessing game in media circles, with many sources speculating wildly clickbait-worthy figures of several billion, which, of course, are wholly unsubstantiated.

Despite some skepticism and speculation (from some circles), Forbes labeled Kendall Jenner the youngest self-made billionaire in 2019 as a result of her success in the cosmetics sector. Regardless of her wealth, Kendall Jenner has solidified her position as one of the most influential young businesspeople in the world through her Kylie Cosmetics empire and brand endorsements, serving as a brand ambassador for various high-profile brands.

Youngest Self-Made Billionaire

In 2018, Kylie made headlines as the youngest self-made billionaire, a title that quickly generated controversy. While many praised her as a successful entrepreneur and role model to young people everywhere, others criticized her for having the privilege and resources to achieve such a feat.

Despite the controversy, Kylie’s cosmetics empire continues to thrive, and she remains one of the wealthiest members of the Kardashian-Jenner family. She probably might have cemented top-earner status within her family if not for the pandemic slowing down her various business ventures between 2020 and 2022. That said, it is likely only a matter of time before she attains that status, as she shows no signs of slowing down.

Earnings History

Between 2017 and 2020, Kylie Jenner was consistently ranked by Forbes among the world’s highest-paid celebrities, earning a combined $967.5 million. Despite 2017 being the lowest-earning year on the list, she still managed to rake in $41 million. In 2018, as Kyle Cosmetics began growing rapidly, she reportedly earned $166.5 million, followed by $170 million in 2019. 

In 2020, her earnings skyrocketed drastically after selling 51% of Kylie Cosmetics to Coty for a reported $600 million. The deal valued her company at $1.2 billion, which is why her net worth was largely considered to exceed $1 billion at the time. Jenner reportedly earned $540 million from the sale, bringing her total earnings for the year to $590 million.

Before Wealth & Fame

Kylie was thrust into the spotlight from an early age, having been born and raised in the Kardashian-Jenner family, which is arguably the most well-known celebrity family not just in the entertainment business but worldwide. If you know who Kylie Jenner is, the chances are pretty high that you are also familiar with her three famous sisters, including her half-sister Kim Kardashian and her full sisters Kendall Jenner and Khloe Kardashian.

She rapidly became a fan favorite on the hit reality show ‘Keeping Up With the Kardashians,’ which was produced by her mother, Kris Jenner. Her older half-sisters, Kim Kardashian, Khloe Kardashian, and Kourtney Kardashian, are also well-known personalities who achieved fame through a hit TV show and a large social media presence.

Early glimpses of Kylie Jenner’s unique and bold personality were showcased on Keeping Up with the Kardashians. Fans quickly warmed to her, and as a result, she became the jewel in the show’s crown, watched by millions each week.

Kylie Cosmetics

Building on this success, Jenner began to cultivate her own fan base, which she leveraged to her advantage through the creation of her Kylie Cosmetics company in 2015. Kylie Lip Kits are pushing the brand forward through record-breaking sales. Jenner was beginning to carve out her own corner of the market. With everything pointing toward solo success, she began to break away from the Kardashian juggernaut, aided by a growing legion of fans and loyal customers.

Under the guidance of her mother and manager, Kris Jenner, and the guiding hand of her father, Bruce Jenner, Kylie’s brand has continued to grow at incredible rates, introducing new products to the range of cosmetics, including the Kylie Skin skincare line, the Kylie Swim swimwear line, and Kylie Baby, a range of child-friendly beauty products. Other projects and businesses began to take flight, with new brands launched seemingly every other week, including her clothing brand Kendall + Kylie and a range of nail lacquers.

Additional Ventures

In addition to her business ventures, Kylie has entered the American modeling industry and was named the highest-paid model by Forbes in 2020. She has also served as an executive producer on several reality shows, including her own show, “Life of Kylie,” which premiered in 2017.

Kylie Jenner’s career has been marked by an unmistakable flair for business, a savvy social media presence, and an ability to capitalize on her family’s fame and success by establishing her brand appeal and cultivating a loyal customer base. She may have started as the youngest daughter in a reality TV family spearheaded by her mother, Kris Jenner, but she has become a force to be reckoned with in the cosmetics, entertainment, and modeling industry.

While her mother, Kris Jenner, should be applauded for raising such an astute, forward-thinking, and quite bright individual, it would be fair to say that Kylie Jenner has achieved success on her own steam. Of course, having a worldwide TV show under your belt is a pretty great jumping-off point for any young entrepreneur, and we understand the controversy behind the various nominations and awards she has received in business, but really you can only play the hand you are dealt, and Kylie Jenner simply made the most of the fortune she was blessed with.

Personal Life

With worldwide fame and business success comes, of course, media attention. Kylie Jenner has consistently avoided serious controversy, despite frequent coverage in gossip columns and entertainment magazines.

She had a relationship with ‘Tyga,’ a rapper eight years her senior, when Jenner was just 17 years old – this was a regular feature of the gossip columns owing to the age difference and ‘on and off’ nature of the relationship, which lasted around two years.

In 2015, Jenner began dating the well-known producer and rapper Travis Scott. In early 2018, the couple welcomed their first child together, a baby girl named Stormi Webster. The relationship ended in 2019, although the split was acrimonious, and the couple has remained good friends.

In 2021, the couple reunited and soon welcomed a second child, a baby boy named Aire, born in 2022. However, the couple has once again announced their separation.

Philanthropy

In addition to her charitable work, Kylie has partnered with the Smile Train organization to help children with cleft lips and palates by funding their surgeries. To date, over 1.5 million children have benefited directly from the charity. She has also contributed to several other causes and organizations, seemingly with an eye toward a future in philanthropy.

Kylie is also well known for maintaining an opulent lifestyle that includes multiple residences, expensive automobiles, and a private aircraft. She has millions of fans across various social media platforms, and she frequently shares snippets of her life there. Despite her enormous wealth and notoriety, Kylie is known for maintaining a low-key, private personal life.

People Also Search For:

• Kim Kardashian
• Kourtney Kardashian
• Kris Jenner
• Khloe Kardashian
• Caitlyn Jenner
• Kanye West

Frequently Asked Questions

Who is the richest Kardashian-Jenner family member?

Kylie Jenner’s estimated net worth is around $670 Million, while Kris Jenner’s is $170 million. Khloé Kardashian’s net worth is $60 million as of February 2023, with Kendall Jenner’s net worth estimated at approximately $45 million. According to various sources, Kourtney Kardashian’s net worth is around $65 million, while Rob Kardashian’s net worth is $10 million.

Of course, net worth figures are speculated, with no official sources to draw from. As is the case with any celebrity’s net worth figures, these figures should be taken with a small pinch of salt. These figures can all be considered relatively accurate.

Summary

It will be interesting to see what the future holds for this bright, business-astute celebrity mother of two. Kylie Jenner has had a significant advantage in the business world, and it could be argued that, given her global fame and recognition, it would have been almost impossible for her to fail in her various ventures. In all fairness, however, Kylie does have a reputation for driving her businesses forward under her own vision and merit, and it might be unfair to attribute all her success solely to her TV fame.

Introduction

Max Verstappen is a Belgian-Dutch professional Formula One driver with an estimated net worth of $200 Million.

Verstappen has raced in Formula One for 11 years, competing in 216 races and recording 65 wins and 3,147.5 points. During this period, he has earned approximately $190.4 million in salary, averaging $17.31 million/year. However, his next four years with Red Bull tell a different story entirely. They are set to earn him at least $65 million/year until the end of 2028.

While over 90% of Verstappen’s earnings come from his Formula One salary, he also earns approximately $6 million/year from endorsement deals with global brands such as EA, Ford Motor, and Heineken.

Earnings History

Since the beginning of the decade, Max Verstappen has consistently been ranked among the highest-paid Formula One drivers, if not the highest, every single year. Before we discuss the details of his contracts with Red Bull, let us review Forbes’s estimates of his annual income. 

In 2021, the publication ranked Verstappen as the second-highest-paid F1 driver, behind Lewis Hamilton. At the time, Max was earning approximately $42 million per year on the track under his recently signed contract with Red Bull. By 2022, Verstappen’s annual income had increased to $60 million, and in recent years, he has earned at least $70 million annually, despite his annual bonuses declining. For the most recent calendar year, Verstappen earned an estimated $76 million, of which $6 million was earned off the track.

Based on the information above, Max Verstappen has earned an estimated $323 million over the past five years.

Formula One Salary & Contracts

In 2015, Max Verstappen signed a contract with the Red Bull Racing team and has spent his entire Formula One career with Red Bull. According to reports, he earned just $277,500 for his first year in F1. In 2016, Verstappen signed a three-year, $13.65 million contract with Red Bull, with most of the value ($10 million) paid in the final year.

In 2019, Max signed a two-year extension with Red Bull, reportedly paying him $13.5 million in 2019 and $26 million in 2020. That year, he signed a three-year extension with a base salary of $25 million and $17 million in year-one incentives. According to reports, his salary increased to $45 million for the contract’s final year, plus $25 million worth of incentives, making 2023 the highest-earning year of his career ($70 million).

Under the extension above, Verstappen won the Formula One Championship in all three years, thereby securing the most lucrative contract of his career: a five-year extension with the Red Bull Team, reportedly worth $275 million, or $55 million/year.

Thus far in his Formula One career, Max Verstappen has earned approximately $190.4 million, leaving $275 million remaining under his contract. By 2028, his total earnings should exceed $465.4 million, excluding income from endorsements and sponsorships.

How Does Max Verstappen Spend His Money?

Max Verstappen has earned a remarkable net worth and isn’t shy about spending his millions. In 2020, Max spent around $16 million to buy a Falcon 900EX private jet from Richard Branson, the plane’s previous owner. Additionally, Verstappen owns a $13 million penthouse in Monte Carlo. As a Formula One driver, he also owns several high-performance race cars, including a $3 million Aston Martin Valkyrie.

Summary 

Max Verstappen has established himself as one of the most talented drivers in Formula One. While he could easily retire now with his wealth and live comfortably, he has no plans to give up on his passions, and we expect to see him competing for many more seasons.