Charles Leclerc Net Worth

Charles Leclerc is a 26-year-old Monégasque racing driver currently competing in Formula One for Scuderia Ferrari. With 5 race wins and 23 pole positions to his name so far, he has quickly established himself as one of the top drivers on the grid. 

Having recently scored his first grand slam victory at the 2022 Australian Grand Prix, he looks set to remain with Ferrari through at least the end of 2024. As one of the rising stars in Formula One, he has seen his profile and earning potential grow tremendously in recent years. 

In this article, we discuss Leclerc’s net worth and examine how he has built his wealth at such a young age through his success in motorsport’s top tier. 

Still, only in his twenties, Leclerc likely has many more profitable years ahead as he continues his career with Ferrari.

Charles Leclerc’s net worth salary and other sources of income

Leclerc has rapidly accumulated an estimated net worth of $125 million in a few years. As one of Formula One’s brightest young stars driving for the legendary Ferrari team, he earns a staggering $14 million annual salary, making him the 5th highest-paid F1 driver. 

In addition to his salary, Leclerc also pocketed $5 million in bonuses in 2022, thanks to performance incentives written into his long-term Ferrari contract that runs through 2024. 

With his consistent podium finishes and race wins, Leclerc’s bonuses accumulate each season. Beyond his Ferrari contract, he boosts his earnings through numerous lucrative endorsement deals as one of Formula One’s marketable drivers. 

Charles Leclerc as the face of Giorgio Armani (Source: Facebook)

He has attracted sponsors like luxury fashion house Giorgio Armani and Swiss watchmaker Richard Mille. These personal sponsorships add millions more to Leclerc’s coffers.

The young Monégasque star also invests his money wisely – he is involved in Monaco real estate ventures, supports various tech startups in fields like VR and blockchain, and has backed emerging companies in food delivery and fashion. 

With many more years ahead of him in Formula One with Ferrari, Leclerc’s net worth is expected to continue rising rapidly.

 The prodigious driver also possesses several income streams through racing, endorsements, and savvy investments that will continue contributing to his already immense wealth.

Charles Leclerc has exquisite taste in cars and watches

As a top Formula One driver with a net worth of over $125 million, Leclerc can afford some of the finest automobiles and timepieces in the world. 

His car collection, valued at well over $5 million, contains exotic machines like a $3 million Bugatti Chiron, a custom Ferrari 488 Pista worth over $1 million, and a $320,000 Rolls Royce Wraith. 

Leclerc also owns supercars from McLaren and luxury vehicles from Land Rover and Jaguar. His watch collection is equally impressive. His prized timepiece was a Richard Mille 67-02, uniquely made for him and worth around $320,000. 

Though it was unfortunately stolen in 2023, Leclerc also owns other Richard Mille watches, like a $1.75 million Ferrari edition that is the world’s thinnest watch. 

Additionally, he possesses two watches endorsed by tennis great Rafael Nadal – the Richard Mille RM35-03 and RM35-01. He has a penchant for speed, style, and overindulgence in vehicles and wristwatches. 

His collections feature some of the most exclusive and pricey models from luxury brands that align with his interests in motorsports and sports. 

As one of the top young talents in Formula One with many years ahead, Leclerc will likely continue expanding these multimillion-dollar collections as his wealth and stature continue rising.

Charles Leclerc’s career before joining Formula One

Leclerc began karting at age 8 in 2005, rapidly ascending to win numerous French and European karting championships between 2005 and 2013. 

He won the CIK-FIA KF3 karting World Cup in 2011. He was runner-up in the KZ World Championship in 2013 behind current F1 driver Max Verstappen, demonstrating his precocious talent. 

He graduated to single-seater racing in 2014, claiming the Formula Renault 2.0 Alps junior championship in his rookie year. He moved up to the competitive FIA Formula 3 European Championship in 2015, scoring three wins and beating current F1 drivers like George Russell. 

Charles Leclerc in the Baku City Circuit (Source: Instagram)

A stellar sophomore season saw Leclerc finish vice-champion in the 2016 GP3 Series with three wins, earning promotion to FIA Formula 2 for 2017. Driving for Prema Racing in F2, he enjoyed a dominant championship-winning season in 2017. 

He took 7 pole positions and 7 race wins en route to the title, becoming F2’s youngest-ever champion and the first rookie champion since Lewis Hamilton. His aggressive and often spectacular driving style earned rave reviews.

Leclerc had emerged as Formula One’s next star. His meteoric rise through the junior ranks, matched by few in history, cemented his reputation as a generational talent. 

He completed his apprenticeship and earned his promotion to the pinnacle of motorsport through pure speed and success across karting and junior single-seater categories.

Charles Leclerc’s term as Formula One race driver so far

Leclerc made his Formula One debut in 2018, driving for Sauber. He impressed in his rookie season, outperforming his teammate while scoring 39 points and 3 seventh-place finishes. 

His standout performances caught the attention of Ferrari, who signed Leclerc for 2019 to replace Kimi Raikkonen. At 21, Leclerc had a stellar first season with Ferrari in 2019. 

He took an incredible 7 pole positions and won 2 races in Belgium and Italy, the latter Ferrari’s first Monza win since 2010. Leclerc scored 10 podiums en route to 4th in the championship, finishing ahead of 4-time world champion teammate Sebastian Vettel.

In 2020, Leclerc took Ferrari’s only two podiums of the year, including a surprise 2nd place in the season opener. He generally outperformed the SF1000 car and beat Vettel again in the standings before the latter’s departure. 

2021 was more challenging with only one podium, though Leclerc extended his Ferrari contract through 2024. The 2022 regulations revitalized Ferrari, and Leclerc became a title contender. Thus far, he has scored 9 poles and 3 wins alongside 5 other podiums in 2022. 

Despite Ferrari’s midseason decline, Leclerc remains in championship contention and has firmly established himself as one of F1’s elite talents. Still only 25, his rapid success confirms his potential for future titles.