As of 2022, legendary NASCAR driver Kyle Busch has a net worth estimated to be close to $80 million, placing him firmly in the top 10 richest NASCAR drivers of all time. Busch is the highest-paid driver in 2022, with earnings of $16.9 million. His partnership with Joe Gibbs Racing Company is coming to an end, and Kyle will drive for Richard Childress Racing in 2023 after signing a multiple-year contract with the team.
The details of the expected salary that Kyle Busch will earn at his new team have not been verified as yet, but we can expect it to be in the same region as what he earned with Joe Gibbs Racing Company.
Kyle Busch's Net Worth
Kyle Busch's approximate net worth is $80 million making him one of the richest NASCAR drivers in history. The wealthy NASCAR driver will earn an estimated salary of $16.9 million in 2022. Joe Gibbs Racing Company has paid him over $200 million since he joined them in 2008. Busch will race for Richard Childress Racing in 2023.
At Ventured.com, original research is the name of the game, and we use a proprietary algorithm to originate net worth projections that are the most accurate on the web.
Kyle Busch Racing Career
Kyle Busch was born in Sin City on May 2, 1985, and his first taste of racing came at 6, driving a hand-made go-kart in his neighborhood in Las Vegas. Fast-forward a couple of years, and Kyle Busch is still racing away, competing in all 3 NASCAR national series.
Shortly after his 13th birthday in 1998, Kyle Busch started driving Legend Cars, and from 1999 to 2001, he won more than 60+ races. Aged 16, Kyle started racing in the NASCAR Craftsman Truck Series for Roush Racing posting a solid 9th place in his first race.
Kyle Busch became the youngest pole winner at age 19 and 317 days when he first qualified for a Cup Series race at the California Speedway in 2005 while racing for Hendricks Motorsport. He joined Joe Gibbs Racing Company in 2008 and ended his relationship with the team at the end of the 2022 season.
Busch has 60 Cup Wins to his name, which puts him 9th on the overall all-time wins list, and when you add the 102 NASCAR Xfinity Series wins, together with the 62 NASCAR Camping World Truck Series victories, then you get an idea of the talent of the man.
Busch's brother, Kurt Busch also ranks among the richest NASCAR drivers.
Busch's title run in the 2015 Cup Series is the stuff of legend. Kyle broke his right leg and left foot in the season opener of the Xfinity series at the famous Daytona International Speedway. His season looked over before it even started. But Kyle's rehabilitation in his makeshift living room hospital bed went much quicker than anticipated.
Kyle was back in the cockpit of his famous No. 18 Toyota on May 16 for the NASCAR All-Star Race, finishing in a highly unlikely 6th place. Having missed the season's first 11 races, NASCAR decided to grant Kyle a waiver. He had to win a regular season race and finish in the top 30 driver points.
Busch had a mountain to climb, as he only had 15 races to turn his season around and meet the September cutoff for the playoffs. The remarkable comeback was confirmed when Kyle Busch dominated the Ford EcoBoost 400 at the Homestead-Miami Speedway, beating Kevin Harvick by a 20-car margin, winning his first-ever NASCAR Cup Series.
He won the NASCAR Cup Series in 2019 for the second time in his career.
Kyle Busch Contract History
Kyle Busch has been an active racing driver in NASCAR for almost 20 years, most of them in a Toyota for Joe Gibbs Racing Company from 2008-2022. Kyle's current earnings of $16.9 million per year is the highest of any NASCAR driver, with Denny Hamlin's $13.1 million placing him second. In the third spot is Kevin Harvick with $10.9 million.
According to spotrac.com, Kyle Busch has earned a staggering $224,500 million (before tax) in salaries, track bonuses, and endorsements during his contracted time at Joe Gibbs Racing Company. During his time at Hendricks Motorsport (2004 to 2007), he earned close to $20 million through a combination of salaries, track earnings, and endorsements.
Kyle Busch has announced that he is leaving Joe Gibbs Racing Company at the end of the 2022 season, indicating that he is joining Richard Childress Racing in 2023 after the news broke that M&M and Mars were pulling out as the primary sponsor for Joe Gibbs Racing and Busch.
Kyle Busch Endorsements, Sponsorships, And Business Dealings
Kyle Busch has racing in his blood, and over the years has had many sponsorships and endorsed many products. Kyle also owns Kyle Busch Motorsports, one of the most successful organizations in NASCAR.
According to Kyle Busch's website, he's in a partnership with the following brands in either a sponsorship or endorsement agreement:
- Toyota
- M&M's Racing
- Interstate Batteries
- Skittles
- Pedigree
- Snickers
- Banfield Pet Hospital
- SportClips Haircuts
- Stanley
- Rheem
- Breathe Right Nasal Strips
- Monster Energy
- Electric Visual
Associate partners include:
- Rowdy Energy (Busch's energy drink company)
- Stilo
- Incredible Bank
Busch has made millions of dollars through endorsements, and from 2012 the total earned per year has never dipped below $1 million:
- 2012 – $1.9 million
- 2013 – $3.0 million
- 2014 – $1.5 million
- 2015 – $1.7 million
- 2016 – $1.5 million
- 2017 – $1.6 million
- 2018 – $2.0 million
- 2019 – $1.7 million
- 2020 – $1.7 million
- 2021 – $1.7+ million
- 2022 – $1.7+ million
Kyle Busch Motorsports (KBM) was founded in 2010 by Kyle, and the organization holds the Gander Outdoors Truck Series record for most wins in a single season with 14, and the overall record for most career wins with 90 wins in 707 starts. KBM has collected a series-record 6 Owner's Championships and has 2 championship-winning drivers, Erik Jones, in 2015 and Christopher Bell, in 2017.
Kyle Busch has many off-track entrepreneurial enterprises, which include selling merchandise through his online store, which includes options such as die-cast car models of his famous Nr. 18 Toyota, Kyle's best-selling T-shirts, and a host of KBM and Rowdy Energy apparel and products.
Kyle Busch Career Achievements
Kyle Busch has gone on to record one of the most decorated careers in NASCAR, including the following achievements:
- 2009 Xfinity Series Champion
- 2015 NASCAR Cup Series Champion
- 2018 NASCAR Cup Series Regular Season Champion
- 2019 NASCAR Cup Series Regular Season Champion
- 2019 NASCAR Cup Series Champion
Overall, Kyle Busch has an incredible 224 victories in all three NASCAR national series, racking up the following records and accolades through the years:
- 2004 NASCAR Busch Series – Rookie of the Year
- 2005 NASCAR Nextel Cup Series – Rookie of the Year
- 2016 ESPY Awards – Best Driver
- 2019 ESPY Awards – Best Driver
- Record – 24 Victories 2010
Kyle is the only driver in the NASCAR Cup Series to have won on every track and the only driver to win 4 consecutive races at Richmond International Speedway from 2009 to 2012. In 2010 and 2017, Kyle became the first NASCAR driver to win a race in all 3 NASCAR touring series on the weekend at Bristol.
Kyle Busch Charities
Kyle and his wife, Samantha, started a charity called Samantha and Kyle Busch Bundle of Joy Fund, which is dedicated to infertility education and providing couples who need fertility treatments with monetary assistance.
To date, they have granted $1,270,500 in funds via 97 grants, resulting in 59 babies born into what would have been a childless family. Kyle also runs the Kyle Busch Foundation, which donates funds to charitable organizations that give toys to orphanages, provides dresses to the Girl Talk Foundation, and is often seen fundraising.
Kyle Busch Net Worth By The Numbers
Kyle Busch is a NASCAR legend, and you can put money on him getting inducted into the NASCAR Hall of Fame when he decides to retire one day. Here is a breakdown of Kyle Busch's Net Worth:
- Net worth – $80 Million
- Annual Salary – $16.9 Million
- Property Value – Paid $7.5 Million
- Car Value – Min. $740,000
- Business – Kyle Busch Motorsport (KBM)
- Business – Rowdy Energy
- Business – Online Business (rowdybusch.com)
- Reality TV – Racing Wives
Busch's net worth is estimated at $80 million, and his income is derived from being the highest-paid NASCAR driver, his successful NASCAR racing team (KBM), endorsements and sponsorships, his online memorabilia business, and his energy drink company called Rowdy Energy.
Since joining Joe Gibbs Racing Company in 2008, Kyle has been paid an average yearly salary of $14.9 million. His current salary of $16.9 million is the highest in NASCAR. Kyle Busch lives in Denver, North Carolina, in a mansion that costs $7.5 million and spans over 10,000 square feet.
The lakeside house on Lake Norman has 6 bedrooms, 8 bathrooms, a pool, a boat dock, an outdoor kitchen, a playground, and an elevator. The house is the setting for the reality TV show called Racing Wives. Kyle had to build a storage space for all his career trophies and settled on a 77,000-square-foot building in Mooresville, North Carolina, which also doubles as KBM's headquarters.
Busch has a modest personal car collection compared to other sports celebrities. One car that catches the eye is Kyle's Limited Edition Lexus LFA, of which only 500 models were made. The base price for this supercar was $380,000 in 2010, while in 2017, the average price for a used Lexus LFA was $746,211, whereas the Nürburgring Package sells for over a million.
FAQs
Who Is The Richest Current NASCAR Driver?
The richest driver currently is Dale Earnhardt Jr., with a net worth close to $300 million.
Who Is The Lowest Paid NASCAR Driver?
The lowest-paid NASCAR driver is Corey Lajoie, who earns approximately $200,000 per season.
How Long Did Kyle Busch Race For Joe Gibbs Racing Company?
Kyle Busch joined Joe Gibbs Racing Company in 2008. He is leaving the team after 15 successful years at the end of the 2022 season.
