Michael Schumacher Net Worth

Net Worth: $800 Million

  • Source of Wealth Car Racing, Formula One
  • Birth Place Hürth, Germany
  • Height 5' 9" (1.75 m)
  • Marital Status Married (Corinna Betsch)
  • Full Name Michael Schumacher
  • Nationality Germany
  • Date of Birth January 3, 1969
  • Ethnicity German
  • Weight 150 lbs (68kg)
  • Occupation Retired Race Car Driver
  • Children 2 (Gina-Maria, Mickz)
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About Michael Schumacher

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

Schumacher was born on January 3rd 1969. He was born in Hürth-Hermülheim, in West Germany. And he was practically born with speed in his blood. At the age of four his father put a small motorcycle engine in his pedal kart. With his parents 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.

He would make his Formula One debut in 1991 at the Belgian grand pix. He hit his stride in 1994 when he won six out of seven races. In 1996 he joined Scunderia Ferrari S.P.A. The team struggled for years to win a championship but failed until the arrival of Schumacher. He would he began to win races for the struggling team. This all really became apparent in 1999 when he would win them the Constructors title. Though his career was on fire nothing would prepare him or the world for the next decade. The next few years saw Schumacher win more championships that any other driver in the history of racing. He won the World Championship in 2000(his third one), Italian Grand Pix, and the Japanese Grand pix. His success would dwindle down around 2005 and in 2006 he announced his retirement He currently lives in Switzerland.

He suffered a severe Skiing Accident on December 29th 2013 while on vacation with his family. As of January 2nd 2014, his condition is “Critical but Stable”.

Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Michael Schumacher's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

Choose Year
  • Earnings 2013
  • Earnings 2012
  • Earnings 2011
  • Earnings 2010
  • Earnings 2006
  • Earnings 1999
  • Earnings 1996
Earnings 2013 N/A
Sponsorship 2013

Various Sponsorships

Salary 2013

Annual Salary with Mercedes According to Sports Illustrated

Earnings 2012 $30 Million
Salary 2012

Annual Salary with Mercedes According to Forbes

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