In recent years, many professional athletes have accumulated enormous wealth from their endeavors both on and off the court, field, or track. Professional racecar drivers are no exception. So what is Jeff Gordon’s net worth as of 2022?
To better understand how Jeff Gordon was able to amass such a large net worth, we will explore the history of his racing career, where sponsorships, endorsements, and personal business ventures will be analyzed in greater detail.
Jeff Gordon’s Net Worth
Jeff Gordon is believed to have a net worth of approximately $500 million, making him one of the wealthiest NASCAR drivers of all time. Along with his earnings through professional racing, Gordon has received compensation for endorsements, sponsorships, and personal business ventures.
Jeff Gordon’s Career History
While Jeff Gordon is a household name among NASCAR and motorsports fans, people unfamiliar with NASCAR may be surprised that Jeff Gordon is one of the highest-earning athletes of all time, with a massive net worth in excess of $500 million.
Born in 1971 in Vallejo, California, Gordon took an interest in motorsports from as young as age five, when he began racing quarter midgets. Even at a young age, Gordon showcased an extraordinary talent for motorsports:
- Over 80 quarter midget victories and numerous track records (1979)
- A clean sweep of 25 karting victories (1982)
- Youngest driver to be awarded a USAC (1987)
- Youngest driver to compete in the World of Outlaws series (1988)
- USAC National Midget championship (1990)
- USAC Silver Crown (1991)
- Youngest driver to win the National Midget Championship (1991)
Following his early pre-professional success, Gordon competed in the Busch Series as a full-time driver for Bill Davis Racing. During his two years between 1991 and 1992, Gordon was awarded Rookie of the Year (1991) while setting a NASCAR record of 11 poles in one season (1992.)
Following his transition to a senior professional NASCAR driver, Gordon signed with Hendrick Motorsports in 1992 for the NASCAR Sprint Cup Series and remained with the team as a driver for 25 years.
Jeff Gordon’s Career Accomplishments
Although the decision to remain with a single team for the majority or entirety of one’s career seldom produces results and lucrative contract renewals, the partnership between Gordon and Hendrick Motorsports netted extraordinary results, including but not limited to:
- 93 NASCAR Cup Series wins (third highest wins of all-time)
- 447 NASCAR Cup Series top ten,
- 81 NASCAR Cup Series pole positions,
- Youngest Daytona 500 winner (1997)
- Winston Cup Series Champion (1995, 1997, 1998, 2001)
- NASCAR Cup Series champion (1995, 1997, 1998, 2001)
- Five NASCAR Xfinity Series wins,
- 32 NASCAR Xfinity Series top tens,
- 12 NASCAR Xfinity Series pole positions,
- Richard Petty Driver of the Year (1995 and 1998)
- Jerry Titus Memorial Trophy (1995, 1998, and 2001)
- ESPY Best Driver Award (1996, 1998, 1999, and 2007)
- NASCAR Illustrated Person of the Year Award (1997, 2004, and 2011)
- Motorsports Hall of Fame of America inductee (2018)
- Indianapolis Motor Speedway Hall of Fame inductee (2018)
- NASCAR Hall of Fame Inductee (2019)
Despite his overwhelming success in NASCAR, Gordon has also competed in other racing divisions like the Race of Champions, the International Race of Champions, Rolex 24 Hours of Daytona, and the Prelude to the Dream.
Throughout the course of Gordon’s other racing ventures, he has achieved some notable accolades:
- Race of Champions winner (2003)
- Third at the Rolex 24 Hours of Daytona (2007)
- Third in the Prelude to the Dream (2007)
- Rolex 24 Hours of Daytona champion (2017)
- Forth driver in history to win the Rolex 24 and the Daytona 500
Further to his racing career, Gordon has an impressive resume with regard to sponsorships, endorsements, and personal business ventures.
Jeff Gordon’s Endorsements And Sponsorships
During his lengthy, successful, and diverse racing career; Jeff Gordon has had many large sponsors and endorsement agreements, including but not limited to:
- Kellogg’s
- Frito-Lay
- Edy’s
- Ray-Ban
- Quaker State
- GMAC
- Haas Automation
- Bosch
- Georgia-Pacific
- DVX Sun and Safety Glasses
- DuPont
- Coca-Cola
- PepsiCo (which was responsible for the Jeff Gordon 24 energy drink)
Following his retirement from full-time professional racing, Gordon channeled his knowledge and passion for motorsports in other directions, most notably in broadcasting.
While Gordon began his broadcasting career as a guest analyst for NASCAR on Fox in January 2015, he was soon promoted to full-time broadcaster in April 2015.
Jeff Gordon’s Business Dealings And Charities
Along with broadcast revenue, Jeff Gordon has numerous personal business ventures:
- Owner of JG Motorsports
- Owner of the Jeff Gordon Chevrolet car dealership in Wilmington, North Carolina
- Co-owner of Performance Partners real-estate
- Co-owner of Chase Racewear
- Founder of the Jeff Gordon Racing School (rebranded as the NASCAR Racing Experience)
- Double Gold Medallist at the 2011 Indy International Wine Competition with Briggs & Sons Winemaking
- Designer of the Canadian Motor Speedway
- Global business advisor of Axalta Coating Systems
- Vice chairman of Hendrik Motorsports
Further to his business ventures, Jeff Gordon is a community-focused individual with strong spiritual beliefs. Hence he has invested significant time and money in various philanthropic projects. Some examples of major projects and external endorsements include:
- Founder of the Jeff Gordon Children’s Foundation (1999)
- The primary sponsor of Jeff Gordon’s Children’s Hospital (2006)
- Co-founder of Athletes for Hope (2007)
- AARP sponsor through the Drive to End Hunger program (2011)
- Member of the Clinton Global Initiative (2011)
There is evidence to suggest that Gordon is involved in property developments and constructing a portfolio of real estate holdings. Two notable examples include:
- The sale of a New York apartment for $30 million (2013), and
- The completed construction and sale of a 16,500 square-foot mansion in Boca Raton, Florida, for $36 million
Jeff Gordon’s Net Worth By The Numbers
Jeff Gordon has a total net worth of approximately $500 million:
- Total Career earnings: $210 million+
- Endorsement earnings: between $20 million and $30 million
- Home Value: $36 million
- Average Annual Salary: NASCAR fails to disclose salaries as of 2016
FAQs
What Does Jeff Gordon Do Today?
Jeff Gordon is a full-time businessman, philanthropist, and sports commentator.
Is Jeff Gordon The Greatest NASCAR Driver Of All Time?
While a legend of the sport, Jeff Gordon is often cited as one of the ten best NASCAR drivers of all time but seldom the greatest of all time.
Does Jeff Gordon Have A Large Car Collection?
Jeff Gordon is believed to have over five luxury and versatile vehicles in his personal garage.
