Michael Schumacher Net Worth 2024: Salary, Income, and Age

German former racing, Michael Schumacher Net Worth is estimated to be $620 Million. Check out his Age, Height, Weight, GF, Earnings, Cars and Income Source.


Michael Schumacher Net Worth

As of 2024, German former motorsports racing driver, Michael Schumacher’s Net Worth is estimated to be $620 Million. Did you know that Michael Schumacher got his driving license even before he was of legal age? His younger brother Ralf Schumacher is also a very famous F1 race car driver. He made a name for himself in F1 race car driving but he wishes his children never got into the sport as it is a very dangerous race.

You all would almost know that he has been lying in bed continuously since a very dangerous accident. If newspaper reports are to be believed, then only last year, two major operations have been done to save them. It is believed that he is alive and on life support. Also, check John Cena Net Worth.

We have already mentioned that the net worth of Michael Schumacher is around six hundred million dollars. He is one of the very few athletes who has earned more than a billion dollars during his career. His annual salary was $50 million when he worked for Ferrari, and this increased to $75 million when working for Mercedes-Benz.

You know that he had a dangerous accident in 2013, after which he is in a state of brain damage. His family is hoping that science will one day progress and do something so that Michael can go back to having a good day with his family. Also, check Kim Kardashian Net worth.


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Michael Schumacher Net Worth

The net worth of Michael Schumacher, German former motorsports racing driver is estimated to be around $620 Million.

NameMichael Schumacher
Net Worth (2024)$620 Million
ProfessionGerman former racing driver
Monthly Income $4 Million +
Yearly Income $50 Million +
Last Updated2024

Michael Schumacher Net Worth Growth

According to various online resources (Wikipedia, Forbes), the most popular German former racing driver Michael Schumacher estimated net worth is around $620 Million.

Michael Schumacher Net Worth in 2024$620 Million
Michael Schumacher Net Worth in 2023$570 Million
Michael Schumacher Net Worth in 2022$520 Million
Michael Schumacher Net Worth in 2021$480 Million
Michael Schumacher Net Worth in 2020$440 Million
Michael Schumacher Net Worth in 2019$400 Million
Michael Schumacher Wife
Michael Schumacher Net Worth

Michael Schumacher Biography

Michael Schumacher was born on 3 January 1969 in Germany. He won his first kart race at the age of 6. In 1982, at the age of only 13, he won the German Junior Kart Championship. Apart from this, he became independent from a very young age, he used to work as a mechanic after separating from his family and earning a living. He started his Formula 3 career in 1990. After 1 year, he got a place in Formula One. His first Grand Prix was the Mexican Grand Prix. You must read Brock Lesnar Net Worth.

Real NameMichael Schumacher
Nick Name:Michael
Birth Place:Hürth, Germany
Date Of Birth:3 January 1969
Age:55 years old
Height:In Centimetres – 174 cm
In Feet and Inches – 5′ 9″
Weight:In Kilograms – 74 kg
In Pounds – 165 lbs.
Eye Colour:Green
Hair Colour:Dark brown
School:Realschule der Stadt Kerpen school
Zodiac Sign:Capricorn
Sexual Orientation:Straight
Kids/Children Name:Mick Schumacher, Gina Marie
Profession:German former racing driver
Net Worth:$620 Million

1993 was a bad year for him when he won only one Grand Prix and lost all the others. The next year was great for him when he competed in 16 races and won nine of them. After performing well with other cars, he became part of the Ferrari team, and the partnership between Michael Schumacher and Ferrari is considered Ferrari’s golden age in F1 circles. There was a time when Ferrari and Michael Schumacher were seen on every podium. You may also like The Rock Net Worth.

Michael Schumacher Relationship and More

AffairsNot known
GirlfriendNot known
Best FriendNot known
SpouseCorinna Schumacher (m. 1995)
ChildrenMick Schumacher, Gina Marie
FatherRolf Schumacher
MotherElizabeth Schumacher
SiblingsRalf Schumacher and Sebastian Stahl
Michael Schumacher Net Worth
Michael Schumacher Net Worth

Michael Schumacher Social Media Accounts

InstagramAlmost 1.3M FollowersCheck Out
FacebookAlmost 1.6M FollowersCheck Out
TwitterAlmost 381.3K FollowersCheck Out
You tubeAlmost 3.09K SubscribersCheck Out
SoundcloudN/ACheck Out
MyspaceN/ACheck Out

Some Unknown Facts about Michael Schumacher

  • Does Michael Schumacher Smoke?No
  • Does Michael Schumacher Drink Alcohol? Yes
  • Michael Schumacher takes great care of his health. Michael Schumacher eats food before 9 at night.
  • Michael Schumacher is very fond of playing games.
  • Michael Schumacher loves driving and watching racing games.
  • Michael Schumacher himself has said that his crush is Michael Schumacher whom he has loved since childhood.

We also hope Michael comes back to his family soon. Stay tuned with us for a peek into the lives of other celebrities. 


What is the net worth of Michael Schumacher?

Michael Schumacher's total net worth is around $620 Million.

How old is Michael Schumacher?

Currently, Michael Schumacher is 55 years old (3 January 1969).

How much does Michael Schumacher make annually?

Michael Schumacher earns an estimated salary of $50 Million per Year.

What is the height of Michael Schumacher?

The height of Michael Schumacher is 1.74 m. (5’ 9”).

What is the name of Michael Schumacher’s wife?

Michael Schumacher was married to Corinna Schumacher (m. 1995).



Stefan Jackson is a sports and culture writer working out of Philadelphia. Previously writing for the likes of Match Fixture, Entertainment, Fragster, and Jaxon, Stefan has dedicated themselves to engaging and accessible articles about sports, esports, and internet culture. With a love for the weirder stories, you never quite know what to expect from their work.


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