Michael Schumacher the 2nd Highest Earning Sportsman of All Time

Colum Wood
by Colum Wood
Motorsports: FIA Formula One World Championship 2011, Grand Prix of Hungary, 07 Michael Schumacher (GER, Mercedes GP Petronas F1 Team),

Formula 1 is a lucrative career no matter how you place. It’s even more so if you’re a seven-time World Champion.

In fact, according to a new list released by the Sunday Times, 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.

Schumacher’s earnings are not, however, enough to rank him as the sports world’s highest earner; that title goes to Tiger Woods, who edges out the F1 champ by $46 million.

By comparison, Schumacher (and Woods) easily best others in the running, including Michael Jordan at $516 million, Roger Federer at $316 million and David Beckham at “just” $258 million.

As for other Formula 1 starts, both Fernando Alonso and Kimi Raikkonen have billed for roughly $161 million during their careers while World Champions Lewis Hamilton and Jenson Button tally $89 million and $85 million respectively.

Colum Wood
Colum Wood

With AutoGuide from its launch, Colum previously acted as Editor-in-Chief of Modified Luxury & Exotics magazine where he became a certifiable car snob driving supercars like the Koenigsegg CCX and racing down the autobahn in anything over 500 hp. He has won numerous automotive journalism awards including the Best Video Journalism Award in 2014 and 2015 from the Automotive Journalists Association of Canada (AJAC). Colum founded Geared Content Studios, VerticalScope's in-house branded content division and works to find ways to integrate brands organically into content.

More by Colum Wood

Comments
Join the conversation
 1 comment
Next