What is Usain Bolt net worth in 2023 after he loses millions in fraud

What is Usain Bolt net worth in 2023 after he loses millions in fraud

The famous Jamaican runner, Usain Bolt is once again making headlines after a company who looks after the former Olympic champion’s investment is being investigated, know his 2023 net worth

As per a report by BBC Sport, the company who manages Bolt’s investment is being investigated after he reportedly have lost millions of dollars to fraud.

Following the allegations, the Financial Services Commission of Jamaica (FSC) has placed the firm, Stocks and Securities Limited (SSL) under the “enhanced oversight.”

What is Usain Bolt net worth in 2023 after he loses millions in SSL fraud

As per reports, the ex-olympian had investments with SSL for over a decade. In an earlier conversation, Bolt’s manager, Nugent Walker, revealed that the 36-year-old had noticed “discrepancies,” with his accounts on January 11.

A report by the Jamaica Gleaner alleged that the player had lost millions of dollars from his account.

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However, in the statement given by Bolt’s manager, he stated that as the investigation is currently ongoing, he couldn’t disclose the specific amount of money involved.

Let us remind you, after bagging 8 Olympic gold medals and 11 World Championship gold medals, Usain has announced his retirement from the competition back in 2017.

The Sherwood Content had broken the 100-meter as well as 200-meter records in 2008’s Summer Olympics which were held in Beijing.

The athlete who’s known by the nickname of Lightning Bolt is regarded as one of the best track athletes of all time. The sportsman holds a number of lucrative sponsorship agreements.

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He earned somewhat around $33 million from his contracts of sponsorship, prizes, and his appearance fees in 2016. The final month of his track year had earned him $31 million which ranked him 45th richest athlete in the world.

As per a report by Celebrity Net Worth portal, the net worth of the former player is estimated to be around $90 million.

Apart from being an athlete, Bolt loves dancing. As per his friends and colleagues, he has a personality of being relaxed and laid back.

Earlier in his autobiography, the player revealed that he had suffered from a condition called scoliosis, which has curved his spine to the right and made his right leg 1⁄2 inch shorter than his left leg.

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