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How Usain Bolt spends his millions

How Usain Bolt spends his millions
Finance1 min read

Usain Bolt earned $32.5 million in the year running up to the 2016 Olympics.

Usain Bolt earned $32.5 million in the year running up to the 2016 Olympics.

He is the only track star who made it onto the Forbes list of highest paid athletes, coming in at number 32.

He is the only track star who made it onto the Forbes list of highest paid athletes, coming in at number 32.

Source: Forbes.

Bolt's relationship with Puma started way back in 2002 and his $10 million-per-year deal is by far the most lucrative in athletics.

Bolt

Source: CNBC.

Bolt's other sponsors include the watch-maker Hublot, Gatorade, and Virgin Media, who have deals ranging in value from $1 million to $4 million.

Bolt

Source: Forbes.

Prize money in athletics is relatively low. Bolt earns $10,000 for every race he wins in the Diamond League, but he is often paid appearance fees of up to $400,000 per meet.

Prize money in athletics is relatively low. Bolt earns $10,000 for every race he wins in the Diamond League, but he is often paid appearance fees of up to $400,000 per meet.

Source: Forbes.

Bolt earned a total of $2.5 million in prize money and appearance fees in the last 12 months, according to Forbes.

Bolt earned a total of $2.5 million in prize money and appearance fees in the last 12 months, according to Forbes.

Source: Forbes.

Another big earner for the Jamaican athlete comes from Bolt's character in the Temple Run gaming franchise, which has more than one billion downloads.

Another big earner for the Jamaican athlete comes from Bolt

Source: Forbes.

It makes sense that the world's fastest man enjoys reaching high speeds on the road. One of the track star's most lavish purchases is a £80,000 ($105,000) black Nissan GT-R.

It makes sense that the world

Never content with just one trophy, Bolt also owns a special edition gold GT-R. However, this was given to him by Nissan after his golden successes at the London Olympics in 2012.

Never content with just one trophy, Bolt also owns a special edition gold GT-R. However, this was given to him by Nissan after his golden successes at the London Olympics in 2012.

Source: News.com.au.

Bolt grew up with his parents in Jamaica.

Bolt grew up with his parents in Jamaica.

Despite his international success, his main base is not far from home. One of Bolt's biggest purchases is his mansion in the Norbrook housing complex in Kingston, for an undisclosed figure.

Despite his international success, his main base is not far from home. One of Bolt

 

Bolt's neighbours are rapper Sean Paul and Model Jodi "Jinx" Stewart-Henriques. The couple have complained about the track star's loud and lavish parties in the past.

Bolt

Between the bikes, loud, horrid music, parties and screams, I honestly wish he would go back to where he came from," Stewart-Henriques wrote on Facebook in 2015, according to The Daily Mail. "He’s a horrible neighbour.

Between the bikes, loud, horrid music, parties and screams, I honestly wish he would go back to where he came from," Stewart-Henriques wrote on Facebook in 2015, according to The Daily Mail. "He’s a horrible neighbour.

Bolt's partying is not confined to his home. In 2015 he reportedly spent £10,000 on vodka in a Mayfair nightclub ... and left without settling the bill.

Bolt

However, when he realised his mistake the next day, the athlete returned to Drama nightclub to settle the bill.

However, when he realised his mistake the next day, the athlete returned to Drama nightclub to settle the bill.

In 2009, Bolt bought a second home in Rum Cay Island in the Bahamas for an unknown fee. "Who wouldn't want to live on Rum Cay?" Bolt asked at the time. "It is magnificent."

In 2009, Bolt bought a second home in Rum Cay Island in the Bahamas for an unknown fee. "Who wouldn

Source: PR Web.

As well as hard partying and luxury purchases, Bolt also gives back to his community. He regularly donates sports equipment to the Thorpe William Knibb Memorial High School in Jamaica, where he was once a student.

As well as hard partying and luxury purchases, Bolt also gives back to his community. He regularly donates sports equipment to the Thorpe William Knibb Memorial High School in Jamaica, where he was once a student.

In 2015 Bolt handed over $1.3 to his old school, as well as the usual bounty of sports equipment.

In 2015 Bolt handed over $1.3 to his old school, as well as the usual bounty of sports equipment.

Bolt also gives to various other community projects. In 2013, he gave $4 million to renovate a local health centre in Sherwood Content, Jamaica.

Bolt also gives to various other community projects. In 2013, he gave $4 million to renovate a local health centre in Sherwood Content, Jamaica.

Source: Jamaica Observer.

One of Bolt's biggest hobbies is music. He has been performing DJ sets in public since 2010. The equipment does not come cheap, with high-end DJ decks costing more than £5,000.

One of Bolt

Source: Thump.

Bolt is dating 26-year-old Jamaican Kasi Bennet.

Bolt is dating 26-year-old Jamaican Kasi Bennet.

 

Christine Bolt-Hylton, Bolt's sister, has said that there is a "very strong possibility" that her brother will propose to Bennet on his return from Rio. Bolt is unlikely to scrimp on the engagement ring or the wedding, having referred to himself and Bennet as "President And First Lady" on Instagram.

Christine Bolt-Hylton, Bolt

 

Bolt travels the world in style, often by private jet.

Bolt travels the world in style, often by private jet.

 

He hangs out with lots of famous figures, including UK royal Prince Harry.

He hangs out with lots of famous figures, including UK royal Prince Harry.

But much of the athlete's time is spent training on the track.

But much of the athlete

Having just turned 30, Bolt is aware that his speed cannot last forever. He plans to retire after the 2017 world championships in London, leaving him with much more time to spend that hard-earned cash.

Having just turned 30, Bolt is aware that his speed cannot last forever. He plans to retire after the 2017 world championships in London, leaving him with much more time to spend that hard-earned cash.

Source: CNN.

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