Richard Hammond’s net worth is estimated at £28.9 million. He is an English journalist, TV presenter, mechanic and writer.
Richard’s net worth experienced an unprecedented boost when he commenced work with Amazon Prime as a co-host for The Grand Tour alongside his buddies Jeremy Clarkson and James May. Before his stint with Amazon Prime, The famed English presenter was with BBC as the host of Top Gear. This article will focus on Hammond’s wealth, as well as how he makes money on The Grand Tour.
What is Richard Hammond’s Net Worth?
According to reports, Richard Hammond’s net worth is estimated at £28.9 million. The famed celeb owes his massive wealth to both his past job hosting Top Gear and what he currently earns as a co-host of The Grand Tour.
Alongside his co-hosts James May and Jeremy Clarkson, Hammond is quite known for favoring the luxurious life. The English presenter even owns a helicopter that takes his from London to his Herefordshire castle which is currently worth an estimated at £2.5 million.
With a propensity for the lavish lifestyle, one would not be so surprised to learn that the English gentleman has a long fleet of cars. In fact, you can hardly find a brand of luxurious automobile that is not sitting in his garage. Fans have always joked that you are likely to finish counting the brand he has not bought faster than what he actually owns.
The renowned television host is a veritable automobile lover; in fact, he is plain crazy about cars. His collection is quite colossal as well as attractive. Just to have repairs done on his Defender 110 “Buster in 2008, Hammond spent the sum of $94,905.
The next year saw him purchasing a Morgan AeroMa which worth is $184,000; this was succeeded by his Porsche 911 which he added to his fleet in 2011 for the price of $171,000. Estimates for the market value of his Roadster V6 came to $77,000 in 2012.
Richard Hammond still continued with his automobile adventure in 2013, starting with a Suzuki GSXR1000 coming in at the sum of $23,000, yet the next year, the famous presenter had to part with the sum of $244,000 to acquire a Porsche 911 Carrera S.
Hammond’s 2016 Christmas present for his wife was the year’s model of Ford Mustang convertible painted in white color and distinguished with black Shelby stripes.
And we are yet to factor in the value of his R44 helicopter which was estimated at $197,000. What’s more, the veteran host also owns other exotic brands of cars which include the likes of land Rover 110 Station Wagon, Land Rover Discovery 4 SDV6 HSE, Bentley S1, 2015 Porsche 911 GT3 RS, 2008 Dodge Challenger SRT-8 and 1999 Lotus Esprit 350 Sport.
Others include 1985 Land Rover Range Rover Classic, 1979 MG Midget, 1969 Jaguar E-Type, 1969 Dodge Charger R/T, 1963 Opel Kadett and 1968 Ford Mustang GT 390. There are also a couple of very old models like 1942 Ford GPW and 1931 Lagonda.
This showdown is far from over as Richard Hammond still has a crazy motorcycle collection tucked away in his garage, at the last count, the total number of his bikes came to 24.
Presently, Richard Hammond lives in Herefordshire with his spouse and two beautiful daughters. Their current abode is a mock castle at Weston under Penyard, comprising of six bedrooms which he acquired in 2008. He purchased his Bollitree Castle close to Weston, in 2013 with the sum of $2.71 million. The next year saw him purchasing another six-bedroom house in Ross-on-Wye vicinity for the sum of $1.63 million. Richard Hammond also owns a London apartment which is quite luxurious.
How He Makes Money on The Grand Tour
Following Jeremy Clarkson’s dismissal from the BBC show Top Gear in 2016, Richard Hammond made the conscious decision to quit his job with BBC and join his co-presenter at Amazon Prime’s The Grand Tour. Alongside his wife Amanda Hammond, the veteran presenter is also a part of Hamster’s Wheel Productions – a known television company.
In 2017, Hammond was reported to have received two dividend payments of $715,648 and $2.6 million both from The Grand Tour and their own television company. Another report stated that Clarkson and Hammond collected the sum of $48.62 million for the production of the initial 13 episodes of The Grand Tour.
In total, Amazon Prime budgeted roughly £160 million for 36 episodes which were supposed to span over three years, and each individual show was accomplished with a budget of £4.5 million. In the beginning, The Grand Tour was budgeted at £500,000 per show, but later got up to $1 million when you factor in the presenter’s earnings.
List of Richard Hammond’s Income Sources
- His television career
- Television company (Hamster’s Wheel Productions)