Usain Bolt’s Instagram is overflowing with photos that show him traveling on private jets, but does he actually own any of them?
There’s no evidence that Usain Bolt owns a private jet. His net worth has been estimated at around $90 million and he uses his fortune to travel on private jets, but it’s never been reported that the Olympic champion purchased one.
Usain Bolt’s Private Jet Adventures
Usain Bolt’s is known for his lavish lifestyle and enjoys showing it off on his Instagram – and what a better way to prove the world you’re a millionaire than posing in front of a private jet?
The Jamaican sprinter does this on a regular basis, but if you take a closer look at his photos, you’ll notice he’s rarely traveling by the same jet. That’s proof enough that these planes were rented by his sponsors or Bolt himself, and that they don’t actually belong to him.
Some of Bolt’s lavish purchases made the headlines in the past, and the same thing would’ve happened if he ever bought a plane. It’s not exactly an easy thing to miss, and many elite athletes already have their own.
Usain Bolt doesn’t only use private jets as a means of transportation – he also likes throwing wild parties at 10,000 feet in the air. Back in 2017, he traveled to a carnival in Trinidad with soccer player Ricardo “Bibi” Gardener and singer Christopher Martin and turned the plane into a nightclub by playing loud music, dancing around, drinking shots and firing up strobe lights.
Usain Bolt’s Net Worth
Usain Bolt is often described as the best sprinter of all time, and his earnings reflect his success on the track. According to Celebrity Net Worth, the Olympic champion has a net worth of $90 million, and reliable sources support this number.
Back in 2016, Forbes reported that Bolt was earning $33 million a year. They later estimated his annual earnings at $31 million and included him on their list of the world’s highest-paid athletes in 2018.
Surprisingly enough, Bolt didn’t earn most of his fortune by winning medals. The World Championships usually pays $60,000 per gold medal, while victory in a Diamond League stands at $10,000. Olympic medal bonuses range from country to country, and Bolt reportedly only received $10,000 for each gold medal.
Bolt actually used to earn more money for just showing up than actually winning races. According to Forbes, he would charge around $400,000 for each track meet appearance, and organizers happily cashed out the money because he always brought in the crowds.
Forbes estimated that he earned $2.5 million in prize money and appearances in 2016, but his endorsement deals were much more lucrative. In addition to earning $10 million a year from Puma, Bolt works with several other high-profile sponsors – including Gatorade, Hublot, and Virgin Media – with deals ranging between $1 million and $4 million.
The Olympic sprinter kept working with these brands after his retirement but also embarked on several more business endeavors. He co-founded electric scooter company Bolt Mobility in 2018 and owns a successful restaurant chain Track & Records.
Usain Bolt’s Lavish Lifestyle
Usain Bolt certainly knows how to earn millions, but he’s even better at spending them – mostly on fast cars and real estate.
In addition to owning a lavish home in Kingston’s upscale neighborhood Norbrook, Bolt bought a home on the Bahamas island of Rum Cay back in 2009. It’s unclear how much money he invested in these properties, but they are two of his biggest purchases to date. The Olympic champion also poured in a lot of money into his car collection, which includes several Ferraris, Nissan GT-R, and Chevrolet Camaro. His lavish lifestyle doesn’t sit well with everyone, and Sean Paul’s wife Jodi ‘Jinx’ Stewart-Henriques described him as “the neighbor from hell” because he’s always throwing wild parties at his Kingston home.