Max Verstappen Net Worth: How This Person Become so Rich? Latest Update!

max verstappen net worth

Max Emilian Verstappen (born September 30, 1997) is a Belgian-Dutch racing driver who became the World Champion of Formula One in 2021. With Red Bull Racing, he competes in Formula One under the Dutch flag. He is the son of Jos Verstappen, a former Formula One driver.

He became the youngest driver to race in Formula One at the 2015 Australian Grand Prix when he was 17 years, 166 days old. Verstappen began his 2016 campaign with Scuderia Toro Rosso having spent the previous season with the Italian team, before being moved to parent team Red Bull Racing after four races as a replacement for Daniil Kvyat.

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He won the 2016 Spanish Grand Prix on his Red Bull Racing debut at the age of 18, becoming the youngest driver in Formula One history and the first Dutch driver to do it. Verstappen became the first Dutch driver to win the Formula One World Championship and the 34th Formula One World Drivers’ Champion after winning the Abu Dhabi Grand Prix in 2021.

Max Verstappen Net Worth

Verstappen has 23 victories and 14 pole positions as of the 2022 Miami Grand Prix. He won the first Grand Slam of his career at the Austrian Grand Prix in 2021. After signing a contract extension, Verstappen is expected to stay at Red Bull until at least the conclusion of the 2028 season.

Personal Life

Max Emilian Verstappen was born in Hasselt, Belgium, on September 30, 1997, to Jos Verstappen and Sophie Kumpen. He has a younger sister named Victoria.

When Verstappen’s parents divorced when he was a child, he moved in with his father while his sister Victoria moved in with their mother.

Verstappen is the father of three younger half-siblings: Blue Jaye, a sister from his second marriage, and Jason Jaxx and Mila Faye, a brother and sister from his present marriage.

His father is a former Formula One driver from the Netherlands, his Belgian mother raced karts, and his first cousin once removed, Anthony Kumpen competed in endurance racing and is a two-time NASCAR Whelen Euro Series winner who is now the team manager for PK Carport in the Euro Series.

max verstappen net worth

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Despite having a Belgian mother, being born in Belgium, and living in Bree, Belgium, Verstappen chose to compete with a Dutch racing license because he “feels more Dutch,” having spent more time with his father than with his mother due to his karting activities and being surrounded by Dutch people while growing up in Maaseik, a Belgian town near the Dutch border. In 2015, Verstappen stated: “I only stayed in Belgium at night because I traveled to the Netherlands during the day to visit my friends. I was reared and still identify as a Dutch person.”

He raced in Formula One for more than a season before turning 18 and getting his driver’s license. Verstappen relocated to Monaco the next day, in October 2015, and has been living there ever since, claiming it was not for tax reasons. Verstappen enjoys sim racing in his spare time. Verstappen remarked that participating in several sim racing tournaments helps him stay ′′ready to go′′ in real-life racing. Verstappen is a member of the global sim racing squad Team Redline. Verstappen purchased a Dassault Falcon 900EX aircraft from Virgin Galactic in November 2020. Exxaero operates the aircraft, which is registered PH-DTF.

Net Worth of Max Verstappen

Net Worth $200 Million
Assets $120 Million
Liabilities & Loans $12 Million
Investments $55 Million
Brand Endorsement Fee $7 Million

 

The net worth of Max Verstappen is projected to be $200 million dollars. Max Verstappen’s current contract with the RedBull F1 team pays him $54 million per year. Max Verstappen has surpassed Lewis Hamilton as the highest-paid racing driver of all time.

Max Verstappen is the youngest driver in Formula One history, as well as the first Dutch driver to win the World Championship. After signing a contract extension, Max Verstappen will be with Red Bull until at least the conclusion of the 2028 season.

Cars of Max Verstappen

Max Verstappen reportedly paid $3 million for a Bugatti Chiron. Max Verstappen also owns a $1 million dollar Lamborghini Aventador. Below is a list of additional vehicles owned by Max Verstappen.

  • R8 Audi
  • F-Type Jaguar
  • 720S McLaren
  • AMG Mercedes-Benz

Assets and Investments of Max Verstappen

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Max Verstappen has five real estate units, 11 cars, and three luxury yachts, according to Forbes. Max Verstappen’s assets portfolio also contains approximately $50 million in cash reserves.

max verstappen net worth

Max Verstappen also has a $25 million investing portfolio consisting of 12 stocks. The following are a few of Max Verstappen’s stock holdings. Check out Carlos Sainz’s net worth.

  • IBM
  • Amazon
  • Apple
  • Visa
  • Netflix
  • 3M

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Mary

I'm a researcher and behavioural therapist with a PhD in Social Media. I also love to travel and drink coffee. Follow my adventures around the world, or just know that I really need to be back at the library.