Bubba Wallace Net Worth 2024: How rich is Michael Jordan’s NASCAR driver?

Bubba Wallace is the most successful black athlete in NASCAR history.


Bubba Wallace Net Worth 2024: How rich is Michael Jordan’s NASCAR driver?

Bubba Wallace (Via IMAGO)

Age30
OccupationNASCAR Driver
Net Worth$4 Million
NASCAR Salary$2.2 million
Marital StatusMarried To Amanda Carter
ResidenceConcord, North Carolina
NationalityUSA
UpdatedJanuary 2024

Bubba Wallace is one of the most well-known drivers on the NASCAR grid, not just because of his racing skills. The 23X1 Racing driver is the only full-time Black or African American Cup Racer on the grid and he is also the second Black driver to win a Cup race after Wendel Scott and is the only man to do so in the 21st century after he was awarded the win in Talladega due rain delay.

He always has been a dividing figure in the NASCAR scene because he is a vocal supporter of NACAR’s diversity initiatives and the rampant racism that exists in a predominantly white-dominated sport such as NASCAR. Bubba Wallace was the main voice behind NASCAR banning the Confederate flag display from the tracks and an ambassador for the BLM movement in the sport.

Bubba Wallace Net Worth

Bubba Wallace, as reported by celebritynetworth.com, is worth approximately $4 million, adding his endorsement and NASCAR salary of $2.2 million he collects from 23X1 Racing. This also includes the prize money and other sponsorship money he earned throughout his career.

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Bubba Wallace (Via IMAGO)
Bubba Wallace (Via IMAGO)

Bubba Wallace contract and salary

Bubba Wallace is not just a regular NASCAR driver as his status of being the only African American driver brings more sponsorship and add-money to the teams along with media attention, more so now with NASCAR’s diversity initiative; that’s why 23X1 Racing pays him the salary of 2.2 million USD.

Denny Hamlin, Bubba Wallace and Michael Jordan
Denny Hamlin, Bubba Wallace and Michael Jordan (Via IMAGO)

Bubba Wallace Endorsements

Bubba Wallace’s primary sponsor is Leidos, a Fortune 500 technology, engineering, and science solutions and services leader, focusing on the defense, intelligence, civil, and health markets, since the COTA race in 2022. His previous primary sponsor was the food delivery organization – DoorDash. Bubba Wallace also has endorsement deals with Cash App, McDonald’s, Alsco, 3M, Coca-Cola, Columbia Sportswear, and Beats by Dre.

CHARLOTTE, NC MAY 28: Kurt Busch ( 45 23XI Racing Monster Energy Toyota) talks with team mate Bubba Wallace ( 23 23XI
Kurt Busch and Bubba Wallace (Via IMAGO)

Bubba Wallace investment in business

There are very limited details available about the former Richard Petty Motorsports driver’s investment portfolio. He has made investments in the A16z Cultural Leadership Fund, which invests in projects that aim to grow the wealth of people of the African American community.

Bubba Wallace investments in house/real estate

Wallace and his wife reside in their house in Concord, North Carolina. There is very limited information available about the racing stars other houses and potential real estate investments.

Bubba Wallace car collection

There isn’t much information in the public domain about the car collection of Bubba Wallace. But the Toyota driver owns two classic Volkswagen cars. He has a 1967 VW Beetle, a 1964 VW Microbus, and another vintage beetle.

Bubba Wallace and Denny Hamlin
Bubba Wallace and Denny Hamlin (Credits: Bleachers Reports)

Bubba Wallace watch collection

The two-time NASCAR Cup race winner doesn’t have a renowned watch collection and hasn’t been spotted, sporting luxurious timepieces. He uses a Bell & Ross RB03-94 RS1 that costs up to $7,000.

Bubba Wallace charity

Being from a middle-income family Bubba Wallace has shown his keenness toward giving back to the community since the early days of his career. He founded and ran the Live to be Different Foundation among many of his Philanthropic efforts.

Bubba Wallace and Tyler ReddicK (Via IMAGO)
Bubba Wallace and Tyler Reddick (Via IMAGO)

His charity efforts earned him the National Motorsports Press Association’s Pocono Spirit Award in 2020 and the recipient of the Comcast Community Champion of the Year award for the same year.

Bubba Wallace Wife net worth

Amanda Carter has been Bubba Wallace’s long-time partner. She is an Appalachian State University graduate and Finance and Banking professional. She has been the backbone of Bubba Wallace’s NASCAR journey and has been through with him in every part of his life. The Couple got married in 2022, December 31, in a special event in North Carolina. She is reportedly worth an approximately $1 million.

Bubba Wallace
Bubba Wallace and Amanda Carter

Bubba Wallace’s parents

Bubba Wallace was born to Darrell Wallace Sr. and Desiree Wallace, an industrial cleaning company owner, and a social worker, in Alabama. His mother brought him up after she and his father separated, and he is believed to have a distant relationship with his father.

Bubba Wallace
Bubba Wallace with father Darrell Wallace Sr. and mother Desiree Wallace

FAQ’s

What is Bubba Wallace’s Net Worth?

Bubba Wallace is reportedly worth around 3 million USD considering his sponsorship deals and NASCAR salary.

What is Bubba Wallace’s, Salary Cap?

23X1 Racing is paying Bubba Wallace a sum of 2.2 million USD for his services

Who is Bubba Wallace’s wife?

Amanda Carter is the wife of Bubba Wallace. They got married in 2022 December 31.

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