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Michael Schumacher Net Worth 2024 | Salary | House & Cars

$ 800 Million

Michael Schumacher Net Worth: Michael Schumacher is a retired German racing driver who raced in Formula One for Jordan, Benetton, Ferrari, and Mercedes. He has a net worth of $800 million. He began racing at a very early age and is today considered to be the most successful Formula One driver of all time. He won the Formula One world driver’s championship seven times (1994, 1994, 2000, 2001, 2002, 2003 and 2004).

Check out the below article to know the complete information regarding Michael Schumacher Networth 2018 in dollars, His Salary Per Year and Month, Houses, Cars, Brand Endorsements, and his other Investments details.


Michael Schumacher Net Worth 2024 @ $ 800 Million

Michael Schumacher is a German Formula One driver who has won Formula One world driver’s championship several times, he has a net worth estimated at $800 million.

Schumacher was born on January 3rd, 1969. He was born in Hürth-Hermülheim, in West Germany. With his parent’s support, he became the youngest member of the karting club at the Karting track in Kerpen-Horrem.

At the age of six, Schumacher would win his first club championship. He would continue racing, winning many of the championships in German and European kart races.

His career spanned from 1991 to 2006 with Jordan Benetton, and Ferrari. In 2010 he announced a comeback with Mercedes GP.

How Much Michael Schumacher Earns through Endorsements?

Schumacher is also one of the highest paid athletes of all time. Even in years when he was not racing, Schumacher earned $50 million per year from endorsements. At the peak of his career, he was paid $10 million per year by Shell to wear a hat with the company’s logo at nearly all public appearances.

Tragically, Michael’s career was cut short after a skiing accident in December 2013 that left him with a traumatic brain injury. He was in a medically induced coma for six months and has not been seen in public since.

Michael Schumacher Salary Per Year

  • Annual Salary with Mercedes According to Sports Illustrated 2013 – $19,600,000
  • Annual Salary with Mercedes According to Forbes 2012 – $30,000,000
  • Annual Salary with Mercedes According to Forbes 2011 – $34,000,000
  • Annual Salary with Mercedes 2010 – $34,530,000
  • Annual Salary According to Forbes 2006 – $80,000,000

Earnings Overview:

  • Various Sponsorships 2013 – $10,000,000
  • Endorsements with Mercedes 2010 – $14,800,000
  • Deutsche Vermögensberatung endorsement for having a 10×8 cm advertisement on his post-race cap for 3 years (1999) – $8,000,000
  • 4 Year Formula 1 Contract with Ferrari (1996) – $124,000,000

Michael Schumacher has earned a total of $823 million during his career that has stretched from the Benneton team back in 1991 to the Mercedes-Benz team of today – plus a hugely successful stint in between as the man at Ferrari.

Michael Schumacher House, Cars Collection & Private Jets

Schumacher House & Property (where does Michael Schumacher live now?):

Gland, Switzerland

An aerial view of the property 'La Reserve', home of former German Formula One driver Michael Schumacher

Michael Schumacher Cars Collection:

1 Fiat 500 Abarth – ($17,940).

2 Fiat Croma – ($Unknown).

3 Ferrari FXX – ($2.1 Million).

Private Jet:

Falcon 200 – ($22 Million)

Michael Schumacher Biography and Quick Facts

Birthdate:January 3, 1969, age 46
Birthplace:Hürth, Germany
Height:5 ft 8 in (1.74 m)
Weight:165 lbs (75 kg)
Profession:Racecar driver, Voice Actor
Spouse:Corinna Betsch (m. 1995)
Children:Gina Marie Schumacher, Mick Schumacher
Siblings:Ralf Schumacher, Sebastian Stahl

Michael Schumacher Social Networking Sites:


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