What is Kyle Busch net worth? Read on to find out.
Kyle Busch is a professional stock car racing driver from America who competes in the NASCAR Cup Series for Joe Gibbs Racing. Aside from the NASCAR Cup Series, Busch also competes part-time in the NASCAR Xfinity Series and the NASCAR Gander RV & Outdoors Truck Series. Though his success has extended to every Series he competes, Busch is widely known for his feats in the NASCAR Cup Series.
It comes as no surprise, as Busch has dominated the Series and also lay claims to several records, which makes him a candidate for the title of Greatest NASCAR Driver of All-time. In every NASCAR Series race, much of the attention of fans are on the no.18 car, which is unsurprising as the driver, yes, you guessed right, Kyle Busch never fails to bring his A-game to the race track.
With an emphasis on Kyle Busch’s worth, we’ll review his early life, career, salary, endorsements, charity, facts, and lessons from his wealth and success.
Kyle Busch Early Life
Kyle Busch was born in Las Vegas on May 2, 1985, to Tom Busch and Gwye Busch. Kyle Busch’s interest in racing began at a very tender age. His enthusiasm came as no surprise as his father and elder brother were involved in racing. At the age of six, Kyle Busch began taking driving lessons. He practiced with a go-kart in his neighborhood. Despite not being able to reach the throttle, young Busch was assisted by his father, who handled the gas pedal, while Busch focused on driving.
By the time he clocked ten, Busch had progressed to become the crew chief for his elder brother’s dwarf car team. After turning 13, in 1998, Busch began racing. He started in legends car racing, where he won about 65 races between 1999 and 2001.
By the time Busch was 16, he had competed in the Gander Outdoors Truck Series, previously known as the NASCAR Craftsman Truck Series. Sadly, Busch could not finish the Series due to the Master Settlement Agreement of 1998, which prevented individuals under the age of 18 from participating in events that have tobacco companies as sponsors. Following his removal from the Truck Series, Busch went on to the American Speed Association (ASA) National Tour, where he finished in the 8th spot.
Kyle Busch Career & Accomplishments
Before he turned 18, Busch briefly competed in the ARCA RE/MAX Series for Hendrick Motorsports. In 2004, Busch competed in his first full NASCAR Busch Series, where he finished in second place. The highlight of Busch 2005 season was at the Nextel Cup Series, where he competed full-time for Hendrick Motorsports. Busch emerged the Series youngest race winner, after claiming his first race. He was also the Series youngest pole-sitter. At the end of the season, Busch received the Nextel Cup Series Rookie of the Year Award.
2007 was an eventful year for Busch as he and his elder brother knocked each other out in the Nextel All-Star Challenge. The incident occurred in May, but they only reconciled at the Busch family thanksgiving dinner, following their grandmother’s intervention. Busch also left Hendrick Motorsports in 2007.
In 2008, Busch signed with Joe Gibbs Racing (JGR) and competed in the NASCAR Sprint Cup Series, and the Craftsman Truck Series. He helped JGR win the 2008 edition of the Nationwide series owners’ championship. In 2009, Busch claimed his first NASCAR Championship, the NASCAR Nationwide Series. In 2010, Busch formed Kyle Busch Motorsports. Though he didn’t retain his NASCAR Championship, he won the Nationwide series owners’ championship.
In 2011, Busch was fined $50,000 and placed on probation for the rest of 2011, after he intentionally smashed Ron Hornaday, Jr and ended the latter’s championship hopes. In the 2013 season, he penned a contract extension with Joe Gibbs Racing. In 2014, Busch finished 10th in the NASCAR Cup Series and claimed his first-ever NASCAR Cup Series championship in 2015.
For the first time, he also became an owner champion as Erik Jones, a driver for Kyle Busch Motorsports, emerged champion at the Camping World Truck Series championship. In 2017, he won the Monster Energy NASCAR All-Star Race. In 2018, Busch emerged winner at the NASCAR Cup Series Regular Season championship. He also finished in 4th place in the NASCAR Series Cup. In 2019, Busch defended his NASCAR Cup Series Regular Season Championship and claimed his second NASCAR Series Cup win.
Kyle Busch Net Worth in 2020
Kyle Busch’s net worth is valued at $50 million in 2020. His $50 million fortune is not the richest for a NASCAR driver, but it ranks among the highest. The majority of his wealth is tied to the hefty salary he receives from his deal with Joe Gibbs Racing.
Being one of the best NASCAR racers globally, Busch has received one of the highest salaries for a NASCAR driver. Adding his earnings from endorsements to his hefty salary, Busch ranks as the highest-paid NASCAR driver.
His source of income is not limited to his NASCAR racing ventures, but also extends to his status as a NASCAR racing team owner. Busch also launched his energy drink company, Rowdy Energy, in January 2019.
Kyle Busch Salary & Endorsement
As of 2020, Kyle Busch earns about $17.8 million from salary and endorsements to top the highest-paid NASCAR drivers list for the first time in history. He is one of two NASCAR drivers who earn more than $10 million in salary. In recent times, the salaries of NASCAR drivers have been seen a dramatic decrease as a result of sponsorship issues, but that has had a minimal effect on Busch. Busch has endorsements with Monster Energy, Electric Visual, and Mars.
Kyle Busch Motorsports
He owns Kyle Busch Motorsports that currently competes in the NASCAR Gander RV & Outdoors Truck Series, Southern Super Series, ARCA/CRA Super Series, and CARS Tour. The American stock car racing team emerged victorious at the 2015 and 2017 editions of the Camping World Truck Series. Busch revealed it cost about $3.2 million to run a Truck Series team. Judging by the team’s success, Busch may well be earning from the success of his team.
Kyle Busch Charity & Philanthropy
In 2005, Kyle Busch established the Kyle Busch Foundation, which provides “essential tools” for less fortunate children in America. A subsidiary of the foundation Samantha and Kyle Busch Bundle of Joy Fund awarded $105,000 to six couples in Charlotte battling infertility issues. The Bundle of Joy Fund has given out $600,000 in grants for IVF treatments. In 2005, when Busch won his first NASCAR Cup Series race, he and Hendrick Motorsports donated his proceeds to the American Red Cross to help those affected by Hurricane Katrina.
Kyle Busch’s Wife
The stock car racing driver, Kyle Busch, has been married to his wife, Samantha Busch, since 2010. Samantha is a fitness and fashion blogger. She also runs Murph Boutique, which is her very own clothing line. While Samantha Busch may not be in the spotlight as much as her husband, they have a sweet life together. Kyle and Samantha both have a son together whom they named Brexton Locke Busch (born May 18, 2015).
Kyle Busch House, Real Estate, Cars
Kyle Busch built a 77,000 square feet home in Mooresville, North Carolina, to house his trophies, Kyle Busch Motorsports cars, and other items. In 2005, Busch bought a mansion for $810,000; his villa has four bedrooms, four bathrooms, a spa, a gym, and a swimming pool. He sold the home for $1.1 million in 2012. Busch owns a $7.5 million mansion in Redneck, Riviera.
Kyle Busch’s cars collection includes a 1956 Chevrolet Bel Air and a Lexus LFA.
Lessons from Busch’s Wealth & Success
Now that you know the exciting story about Kyle Busch’s rise to success and worth, here are two lessons from the race car driver.
1. It pays to have a goal
Right since he was a toddler, Busch knew he wanted to be a race driver. He thus worked to that goal, training with his father at age 6, working as the crew chief for his brother’s dwarf car team. All this prepared him for his successful racing career.
2. Passion fosters success
One quality that has helped Kyle Busch succeed in his racing career is the passion he possesses for racing. That passion has led him to continue striving for success until he accomplishes it.
|Net Worth:||$50 Million|
|Date of Birth:||May 2, 1985|
|Age:||37 years old|
|Source of Wealth:||Race Car Driver|
Kyle Busch’s net worth is valued at $50 million as of 2020. The 35-year-old race car driver earns about $17.8 Million annually. According to Forbes, Busch is the highest-paid NASCAR driver in 2020.
Passion is one of the most compelling motivations for success. Finally, please share your thoughts about Kyle Busch net worth in our comments section below
ALSO READ: Top-15 Best Motocross Riders Of All-Time