Currently Suffering a Loss of Millions, Usain Bolt Secured Whopping $6.5 Million Per Second in 2016

During his prime, Usain Bolt was the best sprinter in track and field history. However, Bolt who is currently suffering from a loss of all of his life savings was once the fastest man alive and also had the greatest funds of any other sprinter. Bolt’s earnings were ten times more than those of his fellow track and field sprinters, making him undoubtedly the best.

Usain Bolt’s earnings came from multiple sources, as most of them came from prize money and sponsors. His marketing analysts believe that Bolt made around $6.5 million per second and surprisingly, back in 2016, the sprinter made around $32.5 million, making him the most valuable track and field athlete out there.

The whopping $32.5 million amount came from his Puma contract. Each year, Bolt earns around $10 million from this contract. His other sources of income came from his undefeated speed, which made him the fastest man alive on the tracks. During his retirement in 2017, Bolt received $4 million more in his Puma contract for staying on as a brand ambassador post-retirement.

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The Jamaican sprint icon post-retirement proceeded to continue his Puma contract for the years. Back in 2021, the sprinter signed a permanent, lifetime Puma contract after switching his expertise to the freestyle rapping industry. Bolt and his partner NJ worked together to make their brand known in the music industry all over the world.

Where did all the money of Usain Bolt go?

The recent events have turned out to worsen the Olympic legend’s financial and mental state. Usain Bolt lost around $12 million of his life savings to this blunder of a scam that happened in the company where he had invested all of his retirement money. Stocks and Securities Limited (SSL) was the company where the sprint icon was invested, but everything went downhill when the company was scammed for $1.2 billion. This money also included other investors’ investments, which were all taken by this fraud. SSL also reported that an internal ex-employee was involved in this.

The internal employee was giving out all the information to an external wealth advisor, who turned out to be the scammer. Both of the frauds haven’t been caught yet by the officials, and Bolt still awaits good news. Bolt has been sending hidden messages throughout his social media. He even relates this mishap to his freestyle rap, ‘Cryptic World’. The Financial Services Commission (FSC) has intervened and warned SSL to return all fraudulent funds to their clients. FSC also claims that SSL was on their watch list. As SSL has always been involved in some shady activities.

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