Mick Schumacher – $5 Million

Formula One fans may recognize this young lad’s surname; that’s because Mick Schumacher is the son of the legendary racer Michael Schumacher, who is widely recognized as one of the greatest in the field. The 22-year-old Switzerland-born sportsman followed in his dad’s footsteps and is already worth a respectable $5 million.

His fortune, however, is far from his father’s $600-million worth but is understandable because he is just starting his career. As of 2021, Mick races for Haas, and even though he plans on making a name for himself, he revealed in September that he still believes that his father is the best Formula One driver.