Rusty Wallace Net Worth

Last Modified May 6, 2024 12:05 GMT
Rusty Wallace Net Worth
Rusty Wallace at the Advance Auto Parts 500 in 2004. [Credits: Getty Images]

Rusty Wallace might be known for the number of wrecks he has endured as racing driver in NASCAR. His legacy however, stays untainted from his crashes. Wallace is the 1984 Rookie of the Year in the Cup Series and the 1989 champion of the Cup Series. He was famous because of his close rivalry with another NASCAR legend, Dale Earnhardt.

Rusty Wallace had one of the most recognisable cars on the grid because of the Gatorade sponsorship he had. The decals of Gatorade applied on his race-car gave both of them a lot of fame during his active years in NASCAR.

Rusty Wallace is a celebrated driver of NASCAR. He is a 2013 NASCAR Hall of Fame inductee and was included in the list of 50 Greatest drivers of NASCAR, and later on among the 75 Greatest NASCAR drivers. He took Pontiac to the heights of fame as clinched 31 victories while driving for the manufacturer in NASCAR. Rusty Wallace is undeniably a legend from the history of NASCAR.

NameRussell William Wallace Jr.
Net Worth$40 million
Age67 years old as of April 2024
ResidenceCornelius, Charlotte, North Carolina
PositionEx-racing driver, Automobile Dealer
Marital StatusMarried
Source of WealthMotorsports, Dealerships, Real Estate
SalaryTBD
EndorsementsMillerCoors, Visa, Oakley, Bank of America, Bell Helicopter, Toyota, Gatorade
Endorsement EarningsTBD
Rusty Wallace Net Worth
Rusty Wallace driving his no.2 Dodge during the Advance Auto Parts 500 in 2004. [Credits: Getty Images]

What is Rusty Wallace’s Net Worth in 2024?

Rusty Wallace has an estimated net worth of $40 million according to Celebrity Net Worth in 2024. He is a Hall of Famer in NASCAR who won many races during his time. Wallace has earned money not only through motorsports but also from his various business endeavors after retirement. He is a 55 race winner in the Cup Series.

According to the NASCAR Hall of Fame, he was among the top earners during the 1980s. He racked up more than $5 million from his race winnings. Rusty Wallace also earned a lot of wealth through his sponsors and endorsements over the years.

Rusty Wallace Salary

The details of Rusty Wallace’s salary haven’t been declared to the public. He was a regular winner in the Cup Series during the 1980s. We can speculate that a driver of his caliber would easily top the list of highest paid drivers in NASCAR. Wallace raced for some of the best teams in NASCAR.

He won the championship in 1989 with Blue Max Racing. He switched to Penske in 1991 after spending five years at Blue Max Racing. He raced at Penske until the end of his career, coming close to winning another championship many times. He retired from the Cup Series in 2005 with an 8th place finish in the Drivers Standings.

Rusty Wallace Endorsements

Rusty Wallace was known for his iconic sponsorship with Gatorade. He ran the sponsor as primary partner for many years throughout his racing career. On his official website, Rusty Wallace has listed some of the sponsors he has previously endorsed for.

They are, MillerCoors, Visa, Oakley, Bank of America, Bell Helicopter, Toyota, Callaway Golf, Comcast, Kodak, Lennox, Sprint, USG, Toyota and others. He signed with Callaway Golf in 2003 on a multi-year deal. He also endorsed Lista Corporation in 2009 with their online videos. His current partners are Bluegreen Vacations, Blue-Emu, the NASCAR Foundation and Rusty Wallace Racing Experience.

Rusty Wallace Investments

Rusty Wallace wasn’t going to stay put after his retirement from NASCAR. He was attracted towards the cars he raced during his career and opened multiple dealerships under his name.

He also has a real estate business, where he runs a majestic resort for family vacations. The Villa Las Palmas is a 14000 square foot mansion in the Pedregal neighborhood, Carbo San Lucas. It is a highly luxurious vacation getaway.

Rusty Wallace Other Sources of Income

Rusty Wallace Net Worth
Rusty Wallace during the NASCAR Hall of Fame Induction. [Credits: Getty Images]

Rusty Wallace House

Rusty Wallace resides in his mansion in Cornelius, North Carolina. He has a luxurious home along the coastline of Florida which is fully furnished with five bedrooms, a heated pool, a spa with waterfall and a beach.

He has another home in the Toscana subdivision, close to the Tomoka State Park. According to Realtor.com, he sold off one of his houses in North Carolina for $1.6 million.

Rusty Wallace Car

Rusty Wallace’s car collection isn’t known to the public. He drove Pontiac, Ford and Dodge throughout his racing career, wearing his iconic no. 2 badge on his car.

Rusty Wallace Charity Work

Rusty Wallace is involved in many charities after his racing endeavors ended in 2005. He is a part of the Board of Directors of the NASCAR Foundation and has raised millions to help the needy through his charitable ventures. He is the head of the organization’s development committee. He was also a part of the Sturgis Buffalo Charity Event through the Sturgis Buffalo charity bike ride.

Read more About Rusty Wallace Parents

FAQs on Rusty Wallace Net Worth

  1. Rusty Wallace serves as the lead analyst for MRN Radio.

  1. Rusty Wallace owns 8 automobile dealerships.

  1. Rusty Wallace due to concerns of getting hurt while not being on top of his game.

  1. Rusty Wallace is a NASCAR Hall of Famer and in the list of Top-75 NASCAR drivers.

  1. Yes, Rusty Wallace is the 1989 NASCAR Cup Series Champion.

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