Michael laughing all the way to the bank.
According to reports in the British newspaper The Times Michael Schumacher is the highest paid sportsperson in the world.
Last year Schumacher was believed to have netted ?20 million pounds in wages and reports suggest that his new agreement with Ferrari will see him take home an additional ?2.5 million per year.
On top of this Schumacher is also estimated to get an additional ?20 million from merchandizing. Taking his yearly income to in excess of ?40 million.
According to reports in the British newspaper The Times Michael Schumacher is the highest paid sportsperson in the world.
Last year Schumacher was believed to have netted ?20 million pounds in wages and reports suggest that his new agreement with Ferrari will see him take home an additional ?2.5 million per year.
On top of this Schumacher is also estimated to get an additional ?20 million from merchandizing. Taking his yearly income to in excess of ?40 million.
The only other sports personality that even comes close to earning that amount is Golf player Tiger Wood who earns around ?13.8 million p.a. In the F1 World the second highest earner is Jacques Villeneuve with an estimated ?10 million per year pay packet, while Mika Hakkinen gets ?6 million p.a. and Brit David Coulthard ?4 million.
