Chris Bumstead Net Worth (Updated 2023)
In this article, we will delve into the net worth of Chris Bumstead, a renowned Canadian bodybuilder, entrepreneur, and fitness influencer. Chris Bumstead has made significant strides in his career, accumulating wealth through various channels such as businesses, ad revenue, and sponsorship deals. Join us as we explore the detailed breakdown of his net worth and income sources.
Who Is Chris Bumstead?
Chris Bumstead is a professional bodybuilder, entrepreneur, and fitness influencer hailing from Canada. He currently competes in the NPC Classic Physique division, where he has achieved remarkable success.
Bodybuilding Success and Earnings
As one of the leading bodybuilders today, Chris Bumstead has achieved an outstanding feat of winning the Olympia Classic Physique for four consecutive years. Although his prize money from these competitions has contributed to his net worth, it is worth noting that it is not the primary source of his income. Let’s take a look at his earnings from the Olympia Classic Physique competitions:
|2022 Olympia Classic Physique||1st||$50,000|
|2021 Olympia Classic Physique||1st||$50,000|
|2020 Olympia Classic Physique||1st||$30,000|
|2019 Olympia Classic Physique||1st||$30,000|
|2018 Olympia Classic Physique||2nd||$8,000|
|2017 Olympia Classic Physique||2nd||$8,000|
These figures only represent the prize money from the Olympia Classic Physique competitions, and additional earnings from smaller bodybuilding shows are not included.
YouTube Ad Revenue
Chris Bumstead also runs a highly popular YouTube channel, which serves as another significant source of income. Based on a social blade report, his monthly earnings from ad revenue range from $3.7K to $58.6K. Taking the average, his estimated monthly earnings amount to around $31,000, resulting in an annual income of $372,000 solely from YouTube advertisements. It’s important to note that these figures are rough estimates, and successful influencers often earn much higher amounts.
Clothing Line: Cbum Fitness
In addition to his bodybuilding career and YouTube channel, Chris Bumstead is the proud owner of cbum fitness, an athletic apparel company. This clothing line offers a variety of products such as hats, hoodies, jackets, joggers, shirts, and tanks. Chris effectively promotes his clothing line through his YouTube and Instagram accounts, leveraging his substantial following on these platforms. The revenue generated by cbum fitness is undoubtedly significant, considering Chris’ millions of dedicated followers.
Supplement Company: Raw Nutrition
Another notable business venture of Chris Bumstead is Raw Nutrition, a supplement company. Raw Nutrition offers a range of products, including pre-workout formulas, test boosters, protein supplements, creatine, essential amino acids, intra-workout supplements, protein bars, and fat burners. Estimating the exact net worth of a business from an external perspective is challenging. However, considering Chris Bumstead’s global reach and extensive social media following, we can reasonably estimate that Raw Nutrition generates an annual revenue of around $5-6 million.
Throughout his career, Chris Bumstead has secured several lucrative sponsorship deals, contributing significantly to his net worth. He was previously partnered with renowned brands such as Jacked Factory, Trifecta Nutrition, and Gymshark. While the exact details of these sponsorship contracts remain undisclosed, it is speculated that Chris earned approximately $1 million from these combined deals.
In conclusion, Chris Bumstead’s net worth is estimated to be between $5-6 million, with the majority of his income coming from his businesses, ad revenue, and sponsorships. Despite his success in bodybuilding, his prize money from competitions is only a small portion of his overall net worth. With his continued success as a fitness influencer and entrepreneur, Chris’s net worth is likely to continue growing in the years to come.