Athletes are some of the highest-paid people in the world and luckily, some of the most coveted are black athletes. I know your mind is thinking about basketballers but black athletes are involved in all kinds of sports; football, tennis, motorsport and boxing among others.
For what they do, they are handsomely rewarded. So who are some of the richest black athletes in the world? We list the top richest black athletes in golf, formula one, basketball, boxing, baseball, tennis, football, American football, and gymnastics.
People Also Read: Why Is It Healthier For Your Teen Athlete To Play Multiple Sports?
1. Tiger Woods – $1.1 billion
Some of his businesses include TGR Design, a golf course design club, TGR Live, a production company and The Woods, a restaurant where he welcomes one and all to enjoy some of the best cuisines.
His earnings facilitate his flashy lifestyle. He owns several mansions and high-end vehicles like the 2015 Mercedez Benz S65 AMG.
2. LeBron James – $1.1 Billion
He is one of the best basketball players in the world and has made a good deal of money from it. People call him King James, and he’s the first active billionaire basketballer. His annual salary is roughly $44.47 million. He currently plays for Los Angeles Lakers.
3. Floyd Mayweather – $450 Million
He’s fond of showing off his cash and true to his moniker, ‘Money’ he’s got lots of it. Floyd Mayweather is one of the best boxers of all time, having gone undefeated throughout his career.
For all of his riches, he runs his promotion company Mayweather Promotions through which he supports current boxers. Contrary to other celebrities, Mayweather doesn’t earn from endorsement deals. He believes in having his own brand.
People Also Read: Are Black People Better At Running?
4. Lewis Hamilton – $285 Million
As one of the best Formula 1 drivers of all time, the seven-time world champion commands hefty pay that contributes to his massive net worth.
The Brit is currently the highest-paid driver on the grid alongside Max Verstappen, taking home a cool $35 million in yearly earnings.
Like other high-profile athletes, Lewis enjoys lucrative sponsorship deals from Tommy Hilfiger, PUMA and Monster Energy among others.
As expected, he lives a high life and owns some of the best cars and homes in the world. In terms of business, he bought a stake in an NFL team Denver Broncos.
5. Serena Williams – $250 Million
In the Tennis world, Serena Williams is one of the best female tennis player of all time. She built her wealth through her impressive tennis career over the span of 26 years. With an estimated net worth of $250 million, she is one of the richest black athletes in the world.
Apart from her sponsorship deals with the likes of Audemars, Pigeut and Gatorade among others, Serena is the owner of Serena Ventures, a capital fund aimed at investing in different businesses.
6. Kylian Mbappe – $120 Million
The French international is one of the most popular soccer players in the world. Along with that, he is one of the richest black athletes in the world. As of 2023, his net worth stands at $120 million, with a monthly payment of $6 million. He has played for some of the biggest clubs in the world like Manchester United and Juventus.
People Also Read: Top 10 Black WWE Wrestlers Of All Time
7. Ryan Howard – $120 Million
He’s made his riches through his baseball career. Ryan Howard played for the Philadelphia Phillies. At the peak of his career, he earned around $25 million and about $10 million annually from endorsements. The talented baseball player owns several luxurious cars and houses.
8. Russel Wilson – $165 Million
He’s the quarterback for the Denver Broncos and is on a five-year contract that earns him $49 million annually. Russel Wilson is one of the highest-paid NFL players today which also earns him a place in the top ten richest black athletes. He also makes a lot from his lucrative sponsorship deals with Bose, Amazon and Nike among other brands.
9. Simone Biles – $16 million
She’s the highest-paid gymnast in the world and is considered to be the best ever to have participated in the game. Her glittering career, which comprises seven Olympic medals, contributes to her massive net worth. She also earns from endorsement deals from brands like Uber Eats, Master Class and Facebook Watch among others.
Those are the richest black athletes in the world. No doubt that sports have transformed their lives. Who do you think should be included in the list?
Spotcovery offers unique and fresh daily content on Black culture, lifestyle, and experiences. We talk about everything black, black people, black-owned and black-owned businesses. We also deliver authentic and relevant content that will inform, inspire and empower you! The future of black media is a critical piece of the black experience of today! Our primary audience includes African American, African, Afro-Caribbean and people of African heritage. Black culture is for the culture!