Michael Schumacher has a gigantic fortune. She manages his fortune

Michael Schumacher has a gigantic fortune. She manages his fortune
  • On December 29, 2013, Michael Schumacher fell while skiing and suffered a serious brain injury. Since then, he has not appeared in public. Now the Daily Mirror has reported that “Schumi” apparently appeared at the wedding of Gina’s daughter
  • The family of the seven-time Formula 1 world champion guards his privacy and does not comment on the legend’s health. — What’s important to me is that he can enjoy his private life as much as possible. Michael always protected us, now we protect him, said Corinna Schumacher in the Netflix documentary
  • A few years ago, “Schumi” was ranked fifth on the list of the 25 highest-paid athletes of all time according to Forbes. The magazine estimated the German’s earnings during his career at $1 billion.
  • The family of the former F1 driver spends huge amounts of money on his treatment and rehabilitation. A few months ago, eight watches from Schumi’s luxurious collection were auctioned. They were sold for a total of approximately PLN 17 million. “The money collected from the auction will certainly be spent on the care of Michael Schumacher,” wrote “Bild”
  • You can find more interesting stories in Przegląd Sportowy Onet

Archival material (Photo: Onet)

It will soon be 11 years since Michael Schumacher’s life changed forever. On December 29, 2013, the former Formula 1 star stayed in the French resort of Meribel. While skiing, he fell and hit his head on a stone. The helmet saved him from death. However, the German suffered a very serious brain injury and was kept in a medically induced coma for half a year.

— Just before the accident, he told me that the snow conditions were bad and that we’d better go to Dubai to jump with a parachute – said “Schumi’s” wife in the Netflix documentary.

Continuation of the material below the video

Schumacher’s wife burst into tears. “I never blamed God for what happened”

At one point, Corinna burst into tears in front of the cameras. — I never blamed God for what happened. It was just terrible bad luck, the worst it could be. There is no point in asking why this happened to Michael and our family. And why do such things happen to others? – she said with tears in her eyes.

Today, Michael Schumacher’s life is shrouded in mystery. — I miss him every day. Not only me. His children, his family and everyone around him miss him. We all miss Michael, but he is here. He is different, but he is there and that gives us all strength, Corinna emphasized.

“Schumi’s” family is very protective of Michael’s privacy and does not provide information about his health. “Privacy is private, he often said that. What’s important to me is that he can enjoy his private life as much as possible. Michael always protected us, now we protect him, Schumacher’s wife said in the Netflix documentary. According to unofficial media reports, the titled athlete needs 24-hour care, and his treatment requires huge costs.

Corinna Schumacher with her daughter in 2022 (Photo: Andreas Rentz / Getty Images)

A few days ago, the Schumacher family’s daughter got married. Gina married Ian Bethke. The ceremony took place in Majorca. Now the Daily Mirror reports that Michael was supposed to appear at his daughter’s wedding. Apparently, wedding guests were not allowed to have mobile phones with them, so that no one would take a photo of “Schumi”.

He won seven world champion titles. He was not bored in retirement

Michael Schumacher won seven Formula 1 world championship titles during his career. He won the first two with Benetton (1994-1995), and the next five as a Ferrari driver (2000-2004).

In 2006, the German announced that he was done with racing. When he retired from sports, he did not complain about boredom, because he was constantly finding something to do – he devoted a lot of time to, among others, for parachute jumping. He provided this entertainment not only for himself, but also for his wife and children. After a break of several years, Schumacher returned to F1, but now with the Mercedes team. He joined the team in 2010 and ended his career in 2012.

“I have decided to retire at the end of the season. I still feel I can compete with the best, but sometimes it’s time to say goodbye, and this time it might be forever,” he said during a press conference in October 2012.

Michael Schumacher with children:

Michael Schumacher among the richest in the world. Gigantic fortune

Over the years, journalists have written many times about the German driver’s fortune. You can find various data on this subject in the press.

Michael Schumacher earned a huge fortune thanks to racing in Formula 1. At Ferarri and Mercedes, he earned many millions per season, plus millions from sponsorship contracts. Suffice it to mention that the Shell brand was to pay him USD 10 million. per year for wearing a hat with a logo while speaking in public. He could also count on millions from Deutsche Vermogensberatung.

In 2000, “Schumi” topped the list of the 100 highest-paid athletes according to “EuroBusiness”. The magazine estimated that in 1999, Michael would earn over $54 million. At the peak of his career, the F1 star reportedly earned over £80 million a year. In 2010, the Daily Mail learned that Mercedes had provided the driver with a salary of £21 million a year.

In 2016 and 2017, Schumacher was ranked fifth on Forbes’ list of the 25 highest-paid athletes of all time. The magazine estimated the German’s earnings during his career at $1 billion. (including not only remuneration, but also bonuses, awards, advertising contracts and income from other non-sports activities).

Michael Schumacher w 2004 r. (Photo: Alexander Hassenstein/Bongarts / Getty Images)

Michael Schumacher invested his money in, among others, in real estate. He owns several properties in different countries. It is worth adding that the German willingly contributed to charity. He donated many millions to various charities.

In 2010, ESPN reported that “Schumi’s” fortune was estimated at £515 million. Some time ago, “The Sun” reported that Schumacher’s fortune is currently valued at $600 million, while the German media reported the amount at EUR 650 million. Journalists abroad also emphasized that Schumacher is one of the 500 richest Germans.

He wrote a will years ago. “It’s about things that can happen in everyday life.”

Interestingly, a few years before the accident, Michael Schumacher wrote a will. “I did it because I’m a family man. It’s not about the risks of racing in Formula 1, but about things that can happen in everyday life,” he said in 2010 in an interview with the German “Bunte”. He then revealed that he had included everyone who was important to him in his will.

Michael Schumacher with his wife in 2010 (Photo: Toni Passig / Getty Images)

Schumacher’s estate is managed by his wife. “When I was racing, she was my guardian angel”

Currently, Michael Schumacher’s estate is managed by his wife. Shortly before the accident, in one of the interviews, “Schumi” confessed that he had never argued with his beloved. “It’s because we shared the same values. Throughout the time I was racing, she was my guardian angel. There were differences of opinion and disputes, but we didn’t resolve them with a raised voice. This is due not only to love, but also to the respect with which we give each other,” he said. The German emphasized that Corinna always supported him.

— I always went to the races with him all these years. I was waiting on the bus or hanging around backstage, but I was with him. We always loved being together. Thanks to this, he felt my support and knew that he was not alone – she said in the Netflix documentary. — I was very lucky to have met Michael. She is the most wonderful person I have ever met. […] I never thought of him as a racing driver who would make a great career, she said.

Michael Schumacher with his wife in 2003 (Photo: HOCH ZWEI / Getty Images)

Treatment costs a fortune. Part of Schumacher’s luxury collection has been sold

For nearly 11 years, Corinna Schumacher has been ensuring that her loved one receives the best possible care. Michael’s treatment and rehabilitation are said to be very expensive. We are talking about several million euros a year.

In recent years, there have been reports in the media that Corinna Schumacher sold, among others, a private jet worth £25 million, as well as a holiday home. In 2018, it was reported that “Schumi’s” wife bought a villa in Majorca, which once belonged to the president of Real Madrid, Florentino Perez. The German woman wanted her husband to spend time in the summer in a place where there was plenty of sun.

Michael Schumacher is known as a lover of luxury watches. A few months ago, the 55-year-old’s family decided to sell part of his collection. Eight timepieces were included in the auction, which was conducted by Christie’s auction house. They were sold for a total amount of approximately USD 4.4 million, i.e. approximately PLN 17 million.

He found a new owner, among others. a unique FP Journe Vagabondage 1 model. This watch was ordered for “Schumi” by the then head of Ferrari, Jean Todt, years ago. The watch dial features seven world championship titles, a helmet design, and the Ferrari logo. The timepiece was auctioned for $1.64 million.

The Audemars Piguet Royal Oak is another model that Schumacher also received as a gift from Todt. It showed, among others: six stars symbolizing championship titles. This watch was sold for nearly PLN 460,000. hole. The Rolex Daytona 6262 model was also up for auction and was auctioned for over PLN 345,000. hole. The remaining five watches came from one collection. They were offered separately, but were purchased by one person (with the original personalized box) for over $1.8 million.

“The money collected from the auction will certainly be spent on the care of Michael Schumacher,” emphasizes “Bild”.

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Created date: October 2, 2024 10:10

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