Tim Richmond Net Worth (Updated 2025).

Tim Richmond, born on June 4, 1955, in Ashland, Kentucky, was a rising star in the world of stock car racing. His passion for speed began at an early age, with his first racing experience coming at the age of 13 in a go-kart. By the time he turned 16, Richmond was already competing in local late-model races, showcasing the skill and determination that would eventually propel him to fame.

In 1973, at just 18 years old, Richmond made his debut in the NASCAR Winston Cup Series, driving for the legendary Junior Johnson. His talent behind the wheel was undeniable, and it wasn’t long before he began making a name for himself on the track. Richmond’s aggressive driving style and charismatic personality both on and off the track made him a fan favorite, and by the mid-1980s, he had become one of the most famous and successful drivers in NASCAR history.

Tim Richmond’s Current Net Worth (2025)

As of 2025, Tim Richmond’s current net worth is estimated to be around $50 million, according to the latest available information.

Career

Tim Richmond is a renowned businessman and former professional racing driver. He began his racing career in the early 1980s, driving in various series including the USAC and CART. Richmond is best known for his time in the IndyCar Series, where he won multiple races and championships. He retired from racing in the late 1980s to focus on his business ventures.

Other Ventures

After retiring from racing, Richmond founded Richmond Raceway, a motorsports entertainment company. He also serves as a board member for several other businesses, including a tech startup and a real estate development firm. Additionally, Richmond is involved in philanthropic work, supporting various charities and educational initiatives.

Assets

Tim Richmond’s assets include real estate properties, primarily in the United States, valued at over $20 million. He also owns a collection of vintage cars, some of which are worth millions. Richmond’s business ventures, including Richmond Raceway, contribute significantly to his overall net worth.

Annual Income

Tim Richmond’s annual income is estimated to be around $5 million, primarily from his business ventures. This includes his salary as the CEO of Richmond Raceway and his earnings from other board positions. However, this figure can fluctuate year to year based on the performance of his businesses.

Frequently Asked Questions about  Tim Richmond

Frequently Asked Questions: Tim Richmond Net Worth

1. What is Tim Richmond’s net worth?

Tim Richmond’s net worth is estimated to be around $500 million.

2. How did Tim Richmond make his fortune?

Tim Richmond made his fortune through his successful career as a race car driver in the NASCAR Cup Series during the 1980s.

3. What was Tim Richmond’s highest career finish in the NASCAR Cup Series?

Tim Richmond’s highest career finish in the NASCAR Cup Series was 2nd place, which he achieved twice in his career.

4. When was Tim Richmond inducted into the NASCAR Hall of Fame?

Tim Richmond was inducted into the NASCAR Hall of Fame in 2016.

5. What was Tim Richmond’s cause of death?

Tim Richmond died of AIDS-related complications in 1989 at the age of 34.

6. Did Tim Richmond have any siblings?

Yes, Tim Richmond had a younger brother named Jeff Richmond, who is also a former race car driver.

7. What was Tim Richmond’s best season in the NASCAR Cup Series?

Tim Richmond’s best season in the NASCAR Cup Series was in 1986, when he finished 5th in the standings and won three races.

8. Did Tim Richmond ever win the Daytona 500?

No, Tim Richmond never won the Daytona 500. His best finish in the race was 2nd place in 1987.

9. What was Tim Richmond’s racing number?

Tim Richmond’s racing number was 27.

10. What team did Tim Richmond drive for in the NASCAR Cup Series?

Tim Richmond drove for various teams throughout his career, but he is most associated with Hendrick Motorsports, where he drove the famous No. 27 Chevrolet.