Alex Albon Net Worth in 2024: How Much Is He Worth?

Last Updated: December 29, 2023

Alexander Albon Ansusinha, more commonly known simply as Alex Albon, is a Formula 1 Racing Driver. He was born on March 23, 1996, and currently competes for Williams Racing in Formula 1. He was born in London, England to a British father, Nigel, and a Thai mother, Kankamol. Despite growing up in Bures, Suffolk, he competes with a Thai license.

Albon finished second in GP3 in 2016, and third in his second Formula 2 season in 2016. He only finished behind George Russell, the winner, and Lando Norris, who are part of the ‘Twitch quartet’ along with him and Charles Leclerc, who had won GP2 over Albon in 2016. All three were promoted to F1 in 2019 (Leclerc had already been promoted in 2018). So, along with Norris and Russell, the Thai driver also made his F1 debut at the 2019 Australian Grand Prix.

He scored his first points, with a P9 finish, in the next race. After a good ‘half-a-season’, he was promoted to the main Red Bull team, replacing Pierre Gasly. There, he partnered with Max Verstappen. At the end of the season, he finished just behind Gasly, by 3 points, though, to be fair, he had 3 fewer races with the more competitive team. Next season, he got his first (of two) podiums with Red Bull at the Tuscan Grand Prix.

In 2021, Alex Albon had to sit out the Formula 1 season due to a lack of a potential seat. He was then summoned by Williams F1 to take a seat at the historic team as George Russell left the outfit to join Mercedes. In 2023, he partnered newbie racer Logan Sargeant and finally proved his worth by placing his Williams in the top 10. He earned 27 points and finished in the P13 position. Here, we will take a look at Alex Albon’s net worth, as well as aspects of his personal life.

Alex Albon Net Worth

Alex Albon is a young, and fairly highly rated professional Formula 1 driver. Just being an F1 driver makes sure you are a cut over the general populace – and even above most motorsport professionals. It is no different for Albon, whose net worth is reported to be around $3 million.

This figure could possibly be even higher, and in any case, Alex Albon net worth will increase in the coming years if the Thai driver continues in F1.

Alex Albon Contracts & Salary

A Formula 1 professional’s salary increases as their career progresses, and if the performances are good enough. This is the same in every career; except that the salary here is much higher than most.

As reported by RacingNews365.com, Alex Albon’s current salary at Williams is $3 million. He is currently on a multi-year deal, which began in 2023 and will extend into 2024.

Alex Albon Endorsements

In previous years, Alex Albon has endorsed or been a brand ambassador for brands such as CASIO Edifice Watches, Moose Craft Cider, PTT Lubricant, etc. All three of the mentioned brands were also associated with his former team, Scuderia Toro Rosso, with the last one being a Thai brand. He also endorses MDM Designs, a motorsport graphic design brand, that designed his 2023 season-launch helmet.

For 10 years, from 2012 to 2022, being a Red Bull motorsport team member, he was also sponsored by them. However, seemingly with his new contract, he has fully ended this association – he’s now entirely a Williams man. In 2022, despite driving for Williams, the Thai division of Red Bull was still one of his personal sponsors. But this is no longer the case.

Alex Albon Investments in House/Real Estate

There is no such details regarding the business investments that Alex Albon has made as of 2024.

Alex Albon Investments in House/Real Estate

Alex Albon currently splits his time between a house in Monaco, and one in Milton Keynes, where his family lives. He also spent a lot of time as a kid in Thailand, as his mother, Kankomal, is Thai.

He considers himself Thai, and still visits the country often. But like many other Formula 1 drivers, like Lando Norris, Max Verstappen, he owns a place in, and lives, in Monaco.

Alex Albon Car Collection

Formula 1 drivers can have behemoth, expensive and expansive car collections. This is not the case for Alex Albon, but he still possess a pretty sweet collection himself.

According to 21Motoring.com, he owns, or has owned an Aston Martin DB11, a Vantage F1, and a Honda Civic Type-R.

Alex Albon Girlfriend Net Worth

Since 2019 (publically), and as of 2023, Alex Albon has been dating Lily Muni He. She is a Chinese professional golfer, who was born on 17 June 1999 in Chengdu, China. She currently competes on the LPGA Tour, and has been doing so since 2019. The two are often spotted together in the Formula 1 paddock, as well as on each other’s Instagram accounts. Currently, she has 586K followers on her Instagram account. Her current net worth is around $2 million.

Their relationship began when Muni He followed Albon after seeing him on Drive to Survive, as a way of supporting a fellow Asian sportsperson. The Thai driver followed her back, and ‘DM’d’ her first. The two became good friends, bonding over their experiences as sportspersons. He then visited her in Los Angeles, and the two hit it off. marking the beginning of their relationship.

Alex Albon Charity Work

The bulk of Alex Albon’s charity work is concentrated with the Wat Sakraeo orphanage in Thailand. Albon, who considers himself to be Thai, got involved in this because of Williams’ former CEO Jost Capito’s brother, Volker’s, ‘Iceman Charity’. The latter lives in Bangkok, and his charity helps more than 1900 children at the aforementioned orphanage. Last year, he raised almost $120,000 by auctioning a helmet designed by the orphanage’s children.

This money, of course, was donated to the orphanage itself. This money was meant to help in redeveloping the premises and other essential work, as well as in completely restoring the sports hall. He had visited the orphanage before the 2022 Australian Grand Prix, which he termed an ‘eye-opening’ experience. He then turned up in Melbourne with his hair dyed red – which was done by the orphanage’s children.

Frequently Asked Questions

What is Alex Albon’s Salary in 2024?

As of 2024, his salary stands at $3 million.

Which team does Alex Albon drive for?

As of 2024, he drives for British-based racing team Williams Racing.

Is Alex Albon married?

No, the 27-year-old is not married yet. However, he does have a girlfriend – Chinese professional golfer Lily Muni He.

Who is Alex Albon’s Teammate?

As of 2024, the Thai driver’s teammate is American rookie driver, Logan Sargeant.

Where was Alex Albon born?

He was born on March 23, 1996, in London, England (U.K.).

How tall is Alex Albon?

He is 186 centimeters tall, which is approximately 6 feet and 1 inches.

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