Sebastian Vettel's Net Worth (Updated 2024)

What is Sebastian Vettel’s net worth?

Net Worth:	$140 Million
Age:	35
Born:	July 3, 1987
Gender:	Male
Height:	1.76 m (5 ft 9 in)
Country of Origin:	Germany
Source of Wealth:	Professional Racing Driver
Last Updated:	March 8, 2023

Introduction

Retired German race car driver, Sebastian Vettel, won the World Drivers’ Championship at the youngest age of any driver in history, as well as becoming the youngest double, treble, and quadruple world champion in Formula One.

Previously, he raced for Red Bull, Toro Rosso, BMW, and Ferrari Scuderia and is one of only four drivers who have won four or more championships in Formula One.

As of September 2023, Sebastian Vettel’s net worth is estimated to be $140 Million.

Sebastian Vettel Facts

Sebastian started karting when he was only four years old.
After starting amateur karting, he competed in various Kart series at the age of 8.
Michael Schumacher, Michael Jordan, and Michael Jackson were all idols to him.
He works closely with designers and has a passion for various helmet designs, celebrating the creation of his 50th helmet design in 2012.
Vettel wanted to pursue a career as a singer akin to Michael Jackson but soon realized that his voice wasn’t suitable for the position.

Early Life

Sebastion Vettel was born July 3, 1987, in Heppenheim, Germany.

Vettel’s parents are Norbert and Heike Vettel and he has a younger brother, Fabian, who is also a racing driver, and two elder sisters, Melanie and Stefanie.

At the age of 4, Sebastian Vettel began amateur karting, and at the age of 8, he started competing in a kart series.

He was accepted into the Red Bull Junior Team when he was eleven and, in 2001, he won the Junior Monaco Kart Cup, among other junior championships.

Career

Sebastian Vettel began driving open-wheel racing cars in 2003 and won the German Formula BMW Championship in 2004 with 18 wins from 20 races.

He was promoted as a test driver for Sauber in Formula One in 2006 when he was only 18 years old and was able to win a few races, but not the title.

At the 2006 Grand Prix, he made history by becoming the sport’s newest driver – recording the top time in Friday practice during the second testing for the 2006 Italian Grand Prix.

He took part in the US Grand Prix, earned his first World Championship point, and set a record for the youngest Formula One driver to earn a point.

His first victory of the 2013 season came in Malaysia, where he also finished second to Michael Schumacher’s single-season record with 13 victories.

With three rounds remaining, he finally won the drivers’ championship for a fourth straight time.

2014, however, was not a lucky year for him – he placed fifth in the standings despite not having any victories.

According to experts, he was unable to change his driving style to comply with the new technical standards and took Fernando Alonso’s seat in the 2015 season at Ferrari Scuderia.

The test was successful because he won three Grand Prix races in the first season, defying his critics and silencing the doubting fans.

Vettel concluded the 2018 season with five race victories but finished second to Lewis Hamilton, who won the World Drivers’ Championship for a second straight year.

Sebastian Vettel’s Career Earnings

Vettel competed in the 2005 Formula 3 Euro Series as a driver for ASL Mücke Motorsport and, with 63 points, he finished fifth overall and took home the Rookie Cup.

Later that year, as a reward for his performance in Formula BMW, he participated in testing for the Williams Formula One team.

Here’s an estimated overview of Sebastian Vettel’s annual income:

Sebastian Vettel’s Salary In 2013 – $18 Million
Sebastian Vettel’s Salary In 2014 – $31.7 Million
Sebastian Vettel’s Salary In 2015 – $30.5 Million
Sebastian Vettel’s Salary In 2016 – $31 Million
Sebastian Vettel’s Salary In 2017 – $30 Million
Sebastian Vettel’s Salary In 2018 – $60 Million
Sebastian Vettel’s Salary In 2019 – $45 Million
Sebastian Vettel’s Salary In 2020 – $57 Million
Sebastian Vettel’s Salary In 2021 – $15 Million
Sebastian Vettel’s Salary In 2022 – $15 Million

He won at the Nürburgring in the Formula Renault 3.5 Series in 2006 and, despite being in the championship lead, he received a permanent call-up to Formula One.

He received US$165,000 for completing the season with Toro Rosso in 2006 and earned five championship points for his fourth-place showing at the Chinese Grand Prix.

Sebastian Vettel’s Net Worth Annually

Vettel moved up to sixth place in the all-time list of F1 podium winners but fell short in Spain and then succeeded in Monaco in 2016.

In 2017, he placed 1st on the podium in Austria and, as a result of his seventh-place performance in Britain, his championship advantage was cut to one point.

Here’s a breakdown of Sebastian Vettel’s annual net worth:

Sebastian Vettel’s Net Worth In 2013 – $84 Million
Sebastian Vettel’s Net Worth In 2014 – $88 Million
Sebastian Vettel’s Net Worth In 2015 – $92 Million
Sebastian Vettel’s Net Worth In 2016 – $98 Million
Sebastian Vettel’s Net Worth In 2017 – $102 Million
Sebastian Vettel’s Net Worth In 2018 – $115 Million
Sebastian Vettel’s Net Worth In 2019 – $118 Million
Sebastian Vettel’s Net Worth In 2020 – $120 Million
Sebastian Vettel’s Net Worth In 2021 – $130 Million
Sebastian Vettel’s Net Worth In 2022 – $140 Million

Over the 2019 and 2020 seasons, Sebastian Vettel’s struggles persisted – he only managed one event win in 2019 and no victories in 2020.

He and Ferrari split up after the 2020 campaign and he joined Aston Martin in 2021, taking the place of the Mexican race car driver, Sergio Perez.

Personal Life

He admitted to Jeremy Clarkson, that he enjoys British comedies like Monty Python’s Life of Brian, starring John Cleese, and Little Britain in a Top Gear interview.

Along with other racing drivers such as Lance Stroll, Vettel resides in Thurgovia, Switzerland, and supports the German football team Eintracht Frankfurt.

Vettel has characterized himself as aggressive, competitive, and private and doesn’t reveal much about his private life to the media.

Additionally, he voiced Sebastian Schnell in the German version of the film Cars 2 which starred Owen Wilson, Michael Caine, and Eddie Izzard.

While the movie didn’t make the highest-grossing movies of all time, it was still able to pull in half a billion dollars at the box office.

At the beginning of 2019, Vettel wed his childhood friend Hanna Prater in a private ceremony and the couple has three children.

Vettel is fluent in English, French, Finnish, and Italian and has long avoided social media until he made his Instagram account in July 2022.

You can catch up with Sebastian on his official Instagram account or his official website and see what he’s getting up to.

Awards & Achievements

2008 was a huge year for Sebastian and, for his accomplishments, he received the Lorenzo Bandini Trophy early in 2009.

Here are a few of the most significant events in Sebastian Vettel’s career:

At the annual Autosport Awards in 2008, Sebastian Vettel won the Rookie of the Year award.
In 2009, Vettel received the German Sports Personality of the Year award the following year.
In 2009 and 2013, he received the F1 driver of the year award.
In 2012 and 2013, “Pap” named him the European Sportsperson of the Year.
Sebastian’s victory in Hungary in 2017 was his 46th triumph overall.

Sebastian Vettel has the ability to extract every inch of extra speed out of his cars and he was the 2009, 2012, and 2013 DHL Fastest Lap Award recipient.

He was acknowledged for his contribution to Formula One racing by receiving the Laureus World Sports Award’s Sportsman of the Year in 2014.

How Does Sebastian Vettel Spend His Money?

Vettel is quite concerned about the environment and various social justice issues surrounding the LGTBQ+ community to which he gives support.

He has contributed to helping children build bee hives to help prevent an agricultural crisis due to falling bee numbers across Europe.

Vettel has raised the ire of the Canadian government with his rants about the Albertan tar sands petroleum extraction.

However, as he drives for Aston Martin, who manufacture some of the most expensive cars in the world and are sponsored by petroleum company, Saudi Aramco, it’s a bit hypocritical of him.

He owns a modest farmhouse in Thurgau Canton in Switzerland worth an estimated $7 million and is said to own other property in the area.

However, he is extremely secretive about his financial position and has requested the authorities to remove his land registration details from their online records.

Highlights

Sebastian won four consecutive world championships while driving for the Red Bull team and was the youngest driver ever to achieve this result.

Here are some of the best highlights of Sebastian Vettel’s career:

In 2015, Vettel defeated Tom Kristensen in the Race of Champions final to claim his first-ever individual victory.
In 2010, Sebastian Vettel was crowned the Abu Dhabi Grand Prix winner and the youngest ever World Champion.
His last win was in the Singapore Grand Prix in 2011.
He finished fifth in the Formula 3 Euro Series in 2005, taking home the best rookie prize.
Vettel was the youngest driver to win a Grand Prix when he took the chequered flag in Abu Dhabi in 2010.

Sebastian is said to have commented shortly after he joined Aston Martin in 2021, “I’m not James Bond, but I can certainly drive faster than him.”

We’re not sure Pierce Brosnan or Daniel Craig would agree, but we’re unlikely to find out any time soon.

After not having a social media presence at all, Vettel announced his departure from Formula One after the 2022 season in his first Instagram post.

Favorite Sebastian Vettel Quotes

Sebastian Vettel has always been a reserved and shy person, preferring to avoid the crowd and focus on his racing.

Here are our favorite quotes from Sebastian Vettel:

“When everything goes well, people celebrate you, when you make mistakes people criticize you.” – Sebastian Vettel
“At the end of your life, it’s friendships, emotions, and thoughts that you take with you, rather than what’s in your bank account.” – Sebastian Vettel
“It is the small things that make life good.” – Sebastian Vettel
“I don’t care too much what happened in the past. I prefer to focus on what is coming next and I am really looking forward to it. ” – Sebastian Vettel
“You can’t change what happened. But you can still change what will happen. ” – Sebastian Vettel

3 Amazing Lessons From Sebastian Vettel

Vettel is an enigma as he is the most successful Formula One driver ever, having won more championships and earned more money than any other driver in the sport’s history.

Now that you know all about Sebastian Vettel’s net worth, here are some of the best success lessons to learn from Sebastian Vettel:

1. Money Isn’t Everything

Sebastian may be a multi-millionaire many times over, but his feet are planted firmly on the ground and he is keenly aware of the challenges facing the world.

He has made a point of saying that money cannot buy you happiness and that it is the little things in life that really bring you happiness.

2. Don’t Listen To The Crowd

During the course of his career, Sebastian has experienced the highs and lows that every driver experiences and has been criticized for his performance.

Whether the result is good or bad, the crowd will always have an opinion and it is best to ignore what they say.

3. Have Meaningful Friendships

Vettel is fond of reminding his fans that money is not a substitute for friendship and that you should build on the relationships that you have.

At the end of one’s life, it is the close circle of people around you who are your friends that count more than any amount of money in your bank account.

Summary

It is difficult to predict what Sebastian Vettel will do next as he doesn’t have to prove anything to anyone and has the wealth, resources, and willpower to achieve anything he wants to.

The news of his departure from Formula One is still shocking to many of us, since it marks the end of an era.

The fact that he wanted more family time came up in his recent interview, which is understandable – given that it is what he said he prioritizes above all else.