Bubba Wallace Net Worth

Last Modified May 03, 2024 10:11 GMT
Bubba Wallace’s Net Worth
Bubba Wallace’s [Credits: Getty Images]


Bubba Wallace is rewriting history in NASCAR with his performances in the past three seasons. Wallace is the only African-American driver in NASCAR, a feat which is unfortunate but a great turn around for his people. He was the breakout driver for Denny Hamlin’s newly formed NASCAR team 23XI Racing.


Bubba Wallace has competed 7 seasons in NASCAR and is on for a much better season in the 2024 Cup Series. He has already made two consecutive Top-5 appearances in the first two races. NASCAR experts think it is only a matter of a few races before Wallace secures the big win in the 2024 season.


Bubba Wallace is 30 years old as of March 2024 and he is a native of Mobile, Alabama, USA. Wallace races for 23XI Racing competing full-time with their no.23 Toyota Camry XSE. He joined NASCAR Cup Series in 2018 debuting with Richard Petty Motorsports. Wallace achieved his best finish in the Driver’s Standings during the 2023 NASCAR Cup Series. He secured a 10th place finish in the championship.


NameWilliam Darrell Wallace Jr.
Net Worth$4 Million
Age30 years old as March 2024
ResidenceConcord, North Carolina
PositionRacing driver for 23XI Racing
Marital StatusMarried
Source of WealthMotorsports
Salary$2.2 Million
EndorsementsColumbia, McDonalds, Toyota, Leidos, Logitech, U.S. Air Force, Xfinity, Mobil1, Dr. Pepper, MoneyLion
Endorsement EarningsNot Declared
Bubba Wallace’s Net Worth
Bubba Wallace’s [Credits: Getty Images]


How much is Bubba Wallace’s Net Worth in 2024?

Bubba Wallace has an estimated net worth of $4 Million. He has accumulated his net worth over the years in NASCAR Racing. Wallace is also sponsored by big brands of the industry further increasing his wealth. Wallace is the most-notable African American Driver in the history of NASCAR. Bubba Wallace’s best season was in the 2023 Cup Series. He finished 3rd in the 2014 Craftsman Truck Series and 7th in the Xfinity Series following year earning a lot of wealth through prize money.


Bubba Wallace Salary

Bubba Wallace’s salary is estimated to be around $2.2 Million according to various sources, even though there are no official records from the driver himself. He joined 23XI Racing in 2021 and immediately got a jump to a 7-figure paycheck. Wallace has been racing for 23 XI for 23XI for 3 years and his current contract ends after the end of the 2025 season. Bubba Wallace initially competed with Kyle Busch Motorsports in the Craftsman Truck Series and later on in the Xfinity Series with Roush Fenway Racing. He was admitted to the Cup Series with Richard Petty Motorsports where he had mediocre performance for 3 seasons.


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Bubba Wallace Endorsements

Columbia Sportswear entered a multi-year deal with Bubba Wallace making him their brand ambassador. He is also sponsored by companies Toyota, Xfinity, Logitech, McDonalds, Leidos, U.S. Air Force, Mobil1, Dr. Pepper and MoneyLion. He hasn’t revealed his endorsement earnings publicly. Bubba Wallace is expected to earn a good amount of money through his sponsors owing to his performance and the names he has partnered with.

Bubba Wallace Endorsements
Bubba Wallace [Credits: Getty Images]


Bubba Wallace Investments

Bubba Wallace has invested in a third fund led by venture capital firm, Adnreessen Horowitz, also known as A16Z. It is a cultural leadership fund that aims to grow Black Wealth by acquiring major stakes in various tech companies. The company has stakes in blockchain organization Dapper Labs and video game developer Roblox.


Bubba Wallace Other Sources of Income

Bubba Wallace hasn’t reported any other sources of Income publicly. He earns revenue from the NETFLIX docu-series Race: “Bubba Wallace” which is based on his career.


Bubba Wallace House

Bubba Wallace has his own house in Concord, North Carolina. He was born in Mobile, Alabama but he was brought up in Concord eventually settling there.


Bubba Wallace Cars

Bubba Wallace has a knack for vintage vehicles. He has a Volkswagen Beetle in his collection which he absolutely adores. Wallace has also bought a Volkswagen Minibus from 1964, famously known as the “Hippie Van”.


Bubba Wallace Charity

Bubba Wallace is actively involved in charity work. He raised $20,034 by auctioning off his broken front-bumper for Christian Non-Profit organization Motor Racing Outreach. He is also an investor in Cultural Fund that aims at increasing Black Wealth and giving them better representation in Technology companies.


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FAQ's On Bubba Wallace Net Worth

Q. Has Bubba Wallace ever won?

A. Yes, Bubba Wallace has won twice in the NASCAR Cup Series.

Q. How did Bubba Wallace get his nickname?

A. Bubba Wallace got his nickname from his sister, who used to call him Bubba instead of brother.

Q. Why is Luke Combs in Bubba Wallace’s car?

A. Luke Combs will be featured on Wallace’s no. 23 car as a part of his partnership with Columbia Sportswear.

Q. Where does Bubba Wallace rank?

A. Bubba Wallace ranks 13th in the driver’s standings in the 2024 Cup Series (as of March 12, 2024).

Q. Does Bubba Wallace drive for Michael Jordan?

A. Bubba Wallace drives for 23XI which is jointly owned by Michael Jordan and Denny Hamlin.

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