What is Kyle Busch's Net Worth?
Kyle Busch is an American stock car racing driver and team owner with an estimated net worth of $80 million. He has accumulated this fortune through his highly successful racing career and ownership of Kyle Busch Motorsports. He is the younger brother of Kurt Busch. In peak years, Kyle's earnings range from $15 to $20 million, primarily driven by lucrative endorsements.
Early Life
Kyle Thomas Busch was born on May 2, 1985, in Las Vegas, Nevada. He received his first driving lesson at just 6 years old. Growing up, he worked in his family's garage alongside his father and older brother, eventually becoming the crew chief for his brother by age 10. His racing career began shortly after his 13th birthday, where he showed early promise by winning over 65 races in legends car racing.
Racing Career
Kyle Busch's professional racing career began in the NASCAR Craftsman Truck Series at the age of 16. His brother, Kurt, had a significant milestone in 2004 by winning the Sprint Cup Series. Later, Kyle drove the #18 Toyota Camry in the NASCAR Sprint Cup Series and the #54 Toyota Camry in the Nationwide Series for Joe Gibbs Racing. Kyle established Kyle Busch Motorsports, which operates multiple tracks in the Camping World Truck Series. Notably, he set records by becoming the first driver in the NASCAR Cup Series to win on every track and the first to complete a Triple Threat in a single weekend.
On September 13, 2022, Kyle signed a multi-year contract with Richard Childress Racing following the departure of M&M/Mars as his primary sponsor. Reports suggest that Richard Childress Racing is aiming for a minimum of $15 million annually in sponsorships to cover the costs of running the car and paying Busch's salary.
Career Earnings
Throughout his career, Kyle Busch has earned approximately $100 million from racing prizes and almost the same amount from endorsements. For instance, between June 2018 and June 2019, he earned $16 million, making him the second highest-paid driver in NASCAR for that period. The majority of these earnings, around $14 million, came from his salaries and winnings on the track.
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Speeding
In May 2011, Kyle Busch was cited for reckless driving in North Carolina, clocked at 128 mph in a 45 mph zone. He publicly apologized, stating he got carried away while test driving a car. In August 2011, he was fined $1,000, had his license suspended for 45 days, and was placed on unsupervised probation for a year after pleading guilty to speeding. Additionally, in April 2014, he was again caught driving at 60 mph in a 45 mph zone.
Philanthropy
Kyle Busch founded the Kyle Busch Foundation in 2006 after a visit to St. John's Home in Grand Rapids, Michigan. The foundation aims to support less fortunate children across the country. In 2008, he initiated "Kyle's Miles" in partnership with Pedigree to assist shelter dogs and rescue organizations. Following his first Cup Series win in 2005 in California, Busch donated his winnings to the American Red Cross to aid those affected by Hurricane Katrina.
Personal Life
Kyle Busch tied the knot with Samantha Sarcinella on December 31, 2010, in a ceremony broadcast on the Style Network. The couple has a son, Brexton Locke, and a daughter, Lennix Key. Kyle is also known by the nicknames "Shrub," referencing his status as the younger brother of Kurt Busch, and "Rowdy," after the character Rowdy Burns from the film "Days of Thunder."
