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How Does Charles Leclerc Earn His $125 Million Net Worth?: Salary, Endorsements, Assets and More

Vidit Dhawan
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How Does Charles Leclerc Earn His $125 Million Net Worth?: Salary, Endorsements, Assets and More

From beginning his karting career in 2005, Charles Leclerc’s rise to the top has been nothing short of staggering. He has made gradual progress over the years and has won at least a title at almost all levels he has competed in.

The Monegasque’s first major success came in 2016 when he won the GP3 Series title with ART Grand Prix. The very next year he also won the FIA Formula 2 Championship in his rookie season with Prema Racing.

These impressive performances helped Leclerc secure a seat in F1 for the 2018 season with Sauber. Since then the 25-year-old has not looked back and has delivered top-class performances at the highest level of the sport.

As a result of his brilliance, the Monegasque has also accumulated a huge amount of wealth over the years. Here is a look at Charles Leclerc’s net worth and his outstanding success in F1 so far.

Charles Leclerc has a net worth of $125 Million

Overall Net Worth$125 million
Salary$12 million
Personal Assets$82 million
Age25
Height5 ft 8 inches
Weight65 kg

According to several reports, Charles Leclerc’s net worth is believed to be a whopping $125 million. Most of the 25-year-old’s net worth comes from the assets he owns and the lucrative deal he most recently signed with Ferrari. If figures of Leclerc’s latest deal with the Prancing Horse are to be believed, the Monegasque can see his net worth rise significantly in the coming years.

 

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What salary does Charles Leclerc earn at Ferrari?

After delivering extremely impressive performances with the Alfa Romeo Sauber F1 Team in 2018, Charles Leclerc signed a blockbuster deal with Ferrari in 2019. According to several reports, the Monegasque earns a whopping $12 million from the Prancing Horse each year.

It is believed that this amount would increase to $24 million each year from 2023 onwards after the 25-year-old signs a contract extension. Leclerc’s current contract runs until the end of the 2024 season.

Talks about a further contract extension with the Scuderia were being speculated at the start of the 2023 season. However, following Ferrari’s disappointing races and change of team principal, the new team boss Fred Vasseur clarified that Leclerc’s contract talks are not a priority for him.

What properties and yachts does Leclerc own?

Leclerc is a Monegasque and currently lives in a luxurious house in his hometown of Monaco. He is also believed to own two yachts and four mansions. However, the costs of his mansions are unknown.

Being an F1 driver, Leclerc is a motor fanatic and his impressive car collection is not enough proof of that. The 25-year-old being a native Monacan is an avid swimmer and beachgoer.

His love for motors and open water has brought him two luxurious and beautiful boats. Leclerc bought his first boat in August 2020. It was a 48-foot Dolceriva and he named it Monza.

In addition to Monza, the Monegasque also owns a 20-meter-long Riva 66′ Ribelle. He named his second boat ‘Sedichi’ which means 16 in Italian and is also his date of birth and driver number. The estimated total cost of both his yachts is approximately $6 Million.

Cars and Watch collection of the Ferrari star

The Monegasque is believed to have been a huge fan of cars since his childhood. Several reports claim that he owns eight luxury cars, with his most expensive costing as much as $3 million.

It is believed Leclerc owns a Ferrari GTC4 ($850,000), Ferrari F8 ($590,000), McLaren GT ($800,000), Jaguar XF ($125,000), Bugatti Chiron ($3 million), Land Rover Discovery ($175,000) and a Rolls-Royce Wraith ($1 million).

Apart from this, he also owns a Ferrari 488 Pista Spider which is worth $1 Million. Leclerc is often spotted driving his Pista spider down the roads of Monaco and fans believe that it is his favourite ride.

CarsPrices
Ferrari GTC4$850,000
Ferrari F8$590,000
McLaren GT$800,000
Jaguar XF$125,000
Bugatti Chiron$3 Million
Land Rover Discovery$175,000
Rolls Royce Wraith$1 Million
Ferrari 488 PIsta Spider$1 Million

The Monegasque is also believed to be a huge fan of watches and the worth of his collection is estimated at a staggering $3.1 million. Leclerc owns two expensive watches from Hublot – a Hublot Meca-10 Black Magic ($24,000) and Hublot Big Bang Ferrari 1000 G ($52,000).

However, the 25-year-old’s most expensive watch collection is believed to be from Richard Mille, the company that has sponsored him since his early days. He owns a black RM 61-01 Ultimate Edition costing $775,000 and a RM 25-01 worth $125,000. Other than these, Leclerc is also believed to own several other watches.

Charles Leclerc’s endorsements

Charles Leclerc’s staggering rise in F1 has also helped them earn several endorsements. After being sponsored by Swiss watchmaker Richard Mille during his early days, Italian luxury fashion brand Giorgio Armani also announced him as a brand ambassador in 2019.

The Monegasque is also believed to have endorsements with Hublot, Ray-Ban and several other luxury brands. The earnings from these endorsements also contribute to his massive net worth.

Leclerc’s meteoric rise in Formula 1

While Charles Leclerc made his debut with the Sauber F1 Team in 2018, his first major breakthrough came with Ferrari in 2019 when he replaced 2007 world champion Kimi Raikkonen.

The 25-year-old hit the ground running in no time with the Prancing Horse as he recorded his maiden F1 pole position in his very second race.

And to make his maiden win that season even more special, he grabbed it at Ferrari’s home race in Monza. In the process, he also became the Prancing Horse’s first driver to win the Italian Grand Prix since Fernando Alonso did back in 2010.

Leclerc finished his first Ferrari season on a high as he scored 264 points and finished fourth in the championship. However, he and Ferrari were not able to replicate a similar level of performance in 2020 and 2021.

After two disappointing seasons, Leclerc produced his best performance last year. The Monegasque finished second in the championship by scoring 308 points and recording three wins.

The 25-year-old will now hope that he and Ferrari can carry on this momentum into the 2023 season and potentially also fight for the titles.

About the author

Vidit Dhawan

Vidit Dhawan

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Vidit Dhawan, a Formula 1 Editor at The SportsRush, is intrinsically connected with everything around the sport — from the engine roar, the cacophony on the grandstands to the action. He fell in love with F1 during the inaugural Indian GP in 2011. After more than a decade of deep engagement with the sport, Vidit insists he will remain a lifelong fan of Fernando Alonso, and sees the future of F1 in Charles Leclerc. A sports fanatic from childhood, he discovered his passion for writing while pursuing a bachelor's degree in international and global studies. Vidit has written over 1,700 articles, ranging from news reports to opinions. He thrives covering live action, and loves to dig into the contrasting personalities in the F1 bandwagon and narrate their journey in life as well as the sport. Vidit also follows tennis and football, enjoys playing as well as coaching chess.

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