Michael Schumacher net worth, career earnings and latest health update

One of greatest drivers F1 has ever seen, Michael Schumacher, seven-time World Champion, turns 51 on January 3, 2020. Ferrari legend suffered a traumatic brain injury in a skiing accident back in 2013 and has since been under intensive care. On his 53rd birthday, let's take a look at his glorious F1 career, his net worth, and his latest health update.

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Michael Schumacher net worth

According to Forbes, Michael Schumacher has a net worth that currently stands at an estimated $800 Million, as of 2019. Schumacher is second richest athlete in world, just behind NBA legend Michael Jordan who has a net worth of $2 billion. Michael Schumacher is one of those names that constantly made it to Forbes’ list of richest athletes. It was in 2004 when he first appeared on Forbes list and ranked on second spot. Schumacher was able to hold that position for over 13 years.

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Michael Schumacher F1 career earnings

Michael Schumacher is also one of all-time highest-paid athletes and has total career earnings that could easily surpass $1 billion. He is fifth highest-earning athlete of all time and lags behind likes of Jack Nicklaus, Arld Palmer, Tiger Woods and Michael Jordan. All se names happen to be professional golfers with exception of basketball player Michael Jordan who tops list. During his career peak, Michael Schumacher reportedly earned around $80-100 million on a yearly basis which was eugh to make him highest-paid athlete in world. When Michael Schumacher was away from race track, Schumacher reportedly earned roughly around $50 million from his endorsements deals alone. At time of his career peak, Michael Schumacher was paid $10 million annually by Shell for sporting a hat with brand’s logo to all of his public appearances.

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Michael Schumacher health update

Michael Schumacher suffered a traumatic brain injury after a tragic ski accident in 2013. He was kept in a coma following incident and doctors have worked to save his life. He was pulled out of unconsciousness next year and has been rehabilitating. It was later reported that former racing champion was paralysed. However, latest update on his health came from Schumacher’s former Ferrari boss Jean Todt who had stated that he keeps on fighting for better health.

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