Lewis Hamilton has called for a wealth cap despite living in Monaco to avoid paying tax in the UK, reports BritPanorama.
The Formula 1 star, who is dating Kim Kardashian and has a net worth of £1.27 billion, expressed concerns about the growing disparity between wealth and poverty during an interview with Jay Shetty. Hamilton commented on the visible struggles in cities like Los Angeles, stating, “When you drive around LA, there’s still so many people living on the streets. You shouldn’t be able to have billions.” He added that he believes “there should be a limit to how much you can have because there’s enough to go around for everyone.”
Hamilton, one of the highest-paid athletes in the world, with an estimated worth of £412 million according to Celebrity Net Worth, has faced backlash for what some perceive as hypocrisy given his tax arrangements. Critics on social media pointed out his choice to reside in a low-tax jurisdiction while advocating for wealth restrictions. One user remarked, “Dude is worth $500M+ and lives in Monaco to avoid ever paying a penny in tax,” while another noted, “His lack of self-awareness is astounding.”
His comments followed a strong performance in recent races, where he finished second, prompting congratulations to his former team, Mercedes, who secured victory with Kimi Antonelli at the Monaco Grand Prix. Hamilton praised Antonelli’s consistent performance, acknowledging the strides made by Ferrari but conceding their current pace still lags behind Mercedes. “On our side, I think we’ve been progressing over the past months and can’t quite keep up with them just yet,” he stated.
As the debate over wealth inequality continues, Hamilton’s remarks highlight a complex intersection of privilege and social responsibility, prompting discussions not just in sporting circles but across wider society. In sports, as in life, the lines between privilege and accountability often blur, a nuance not easily navigated even by the most successful among us.