What is Bubba Wallace's Net Worth?
Bubba Wallace is an American professional stock car racing driver who has a net worth of $4 million. Bubba Wallace competes full-time in the NASCAR Cup Series. He also drives in the NASCAR Craftsman Truck Series and formerly competed in the NASCAR Xfinity Series. Wallace has been the only full-time African American driver in NASCAR's three national series and the only African American driver to win more than once in any of the series.
Early Life
Bubba Wallace was born on October 8, 1993 in Mobile, Alabama and given the name William Darrell Wallace Jr. He was raised on Concord, North Carolina by his father, Darrall Wallace Sr., and his mother, Desiree Wallace. His mother worked as a social worker while his father owned an industrial cleaning company. Wallace is mixed race, as his father is white while his mother is black. He started racing at a young age and was racing professionally as a teenager.
Career
Wallace started his racing career in the Bandolero and Legends car racing series. In 2005, at the age of 12, he won 35 of the Bandolero Series' 48 races. In 2008, he became the youngest driver to win at Franklin County Speedway in Virginia. In 2010, Wallace began competing in the NASCAR K&N Pro Series East, a regional and developmental series. He drove for Rev Racing as part of NASCAR's Drive for Diversity program. He was signed as a development driver for Joe Gibbs Racing around that time and won his very first race in the series at Greenville-Pickens Speedway, becoming the youngest racer to win at the track. He won the series' Rookie of the Year award that year, becoming the first African American to win that award in a NASCR series.
In 2011, Wallace won three times at Richmond International Raceway, Columbus Motor Speedway, and Dover International Speedway. He finished the season second in points to Max Gresham. In 2012, Wallace made his national series debut in the Xfinity Series in May driving the No. 20 Dollar General Toyota for JGR at Iowa Speedway. He finished ninth in the event. After a number of other top ten finishes in his next two starts in the series, Wallace won his first career Nationwide Series pole at Dover International Speedway in late September.
In 2013, Wallace also began racing in the Camping World Truck Series. He became the first black driver to win in one of NASCAR's national series since 1963 after winning the Camping World Truck Series Kroger 200. He continued racing in the NASCAR truck racing through 2021. Meanwhile, he had also continued the Xfinity series. In 2014, Wallace returned to the Nationwide Series for Joe Gibbs Racing in the No. 20 starting in May at Talladega Superspeedway. He ran only one more Nationwide race that that year, at Daytona in July where he finished in seventh. He raced in the Xfinity series through 2017.
In June 2017, Richard Petty Motorsports announced that Wallace would drive the team's No. 43 Ford car in the NASCAR Cup series. He became the first African-American to race in the Cup Series since Bill Lester in 2006. He officially became a permanent part of the team in October of that year. Though he had a number of mediocre finishes in 2018 and 2019, the displayed his full potential with Richard Petty Motorsports at the 2019 Monster Energy NASCAR All-Star Race by winning the second stage of the Monster Energy Open. At the Backyard 400, Wallace had one of the best runs of his career by finishing third after running in the top ten all day long.
(Photo by Katelyn Mulcahy/Getty Images)
In 2020, when the season was halted after four races due to the COVID-19 pandemic, he was 18th in points. In September, Wallace announced he would leave RPM at the end of the 2020 season. He finished 22nd in the points standings. In 2021, he experienced his first career win racing with 23XI Racing at Talladega in October. He is the first African-American driver to win a cup series race since Wendell Scott in 1963. Wallace continued racing with 23XI Racing in 2022. In September, he scored his second win at Kansas. In 2023, he started the season with a 20th place finish at the Daytona 500. Though he had a winless season, he did make the playoffs for the first time in his career.
Wallace has been featured in some film and television productions related to his racing career. In 2017, he voiced the character Bubba Wheelhouse in the Pixar film "Cars 3." In 2018, he starred in the Facebook Watch series "Behind the Wall: Bubba Wallace." In 2022, Wallace was the subject of a Netflix docu-series called "Race: Bubba Wallace." The six episode series follows Wallace's career during the 2020 and 2021 seasons, including his off-track life and activism.
Personal Life
In 2021, Wallace and Amanda Carter got engaged. They were married on December 31, 2022. Wallace is a Christian and has talked about his faith publicly. He has also discussed his struggle with depression for most of his racing career. Many people reached out to him to thank him for publicly discussing his mental health.
Wallace founded and runs the Live to be Different Foundation. He has also gotten involved in various political and social movements. In May 2020, after the murder of George Floyd in Minneapolis, Wallace began to speak out about the abuse of African Americans by the police. He subsequently became the face of stock car racing's involvement in the Black Lives Matter movement. In June 2020, he called on NASCAR to prohibit displays of the Confederate battle flag at NASCAR races, and NASCAR complied.
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