29 Jul The net value of Maria Sharapova in 2020
Maria Sharapova’s web price in 2020 is a captivating matter, partly as a result of Sharapova has had fairly a narrative arc. For a sure time frame, she was thought to be the most effective to ever play tennis. She was so wildly profitable that she made three totally different Forbes lists.
She was No. 88 on The World’s Highest-Paid Athletes in 2016. She was No. 88 within the Superstar 100 in 2015. She was a part of the 30 Beneath 30 Europe – Hollywood & Leisure listing in 2016.
Furthermore, she had been the highest-paid feminine athlete on the planet for the previous 11 years till Serena Williams usurped her. She has banked nearly a complete of $325 million in prize cash, appearances and endorsements since she turned professional in 2001. She additionally appeared in commercials for Land Rover and Canon, in addition to in adverts for the watch model Tag Heuer and the retail jeweler Tiffany. Along with these endorsements, she additionally inked offers with Nike, Gatorade, Tropicana, and was named a model ambassador for Porsche. Nonetheless, current controversies have despatched her profession spiraling down.
By 2017, she had dropped off from the Forbes lists she was a part of. Subsequently, will probably be attention-grabbing to see how her checking account has been holding up. Right here, we dive deeper and crunch the numbers on Maria Sharapova’s web price in 2020.
For context, Sharapova shocked the world when she introduced that she had failed a drug check on the Australian Open earlier this yr. Apparently, she had been taking the drug Meldonium for a decade already for her well being. Nonetheless, the drug was added to the WTA Tour’s banned listing of drugs on January 1. Subsequently, this began a domino impact and a number of sponsors bailed on her particularly Tag Heuer, Nike, and Porsche. This may considerably have an effect on her wealth for the years to come back as she received’t be raking in the identical money that she has gotten used to through the years. Even when some sponsorship offers weren’t minimize akin to Avon, Evian, and Head, this received’t be sufficient to offset the losses total.
Whereas her sponsorship offers and endorsements stay unclear in the intervening time, her investments are nonetheless largely intact. Her personal sweet model, Sugarpova, nonetheless ranks as her largest main funding which has generated fairly the stream for Maria Sharapova’s web price. Second to that is her skincare firm, Sugargoop. As well as, as a visitor shark on Shark Tank, she additionally invested in wearable wrist and ankle weights firm, Bala Bangles. It’s additionally price noting that although she’s not actively endorsing Nike as of the second, her personal tennis attire line, the Nike Maria Sharapova Assortment, continues to be beneath a royalty contract from the sale of the gathering.
In the event you’re curious as to how she spends she spends her cash, she owns a plethora of luxuries akin to automobiles with a Mercedes Benz, Vary Rover, Audi, and Porsche. She additionally owns a luxurious dwelling in Florida. On the flip facet, she’s not afraid to share her wealth as she is concerned with about ten charities together with the Maria Sharapova Basis. In 2007, she turned the Goodwill Ambassador for the United Nations Improvement Programme (UNDP) and donated to Chernobyl-related initiatives. She additionally helps varied scholarship applications for the training of poor college students in rural areas.
Immediately, Maria Sharapova’s web price reportedly sits at $195 million. This may be interpreted in two methods. First, that’s a far cry from her profession earnings that are a complete of $325 million, which may imply that she has amassed substantial losses and liabilities over the current years. Alternatively, it may very well be outstanding to see that she nonetheless has exponential wealth to her title through which she has equally distributed it by way of luxurious gadgets, investments, and even charity. As she can also be a businesswoman by coronary heart, it looks as if that the latter holds true. However, look to Sharapova to excel in different elements of life as she strikes on from the world of tennis. In spite of everything, that is solely the beginning of the following mountain that she’ll be climbing.
Tennis confirmed me the world—and it confirmed me what I used to be made from. It’s how I examined myself and the way I measured my progress. And so in no matter I’d select for my subsequent chapter, my subsequent mountain, I’ll nonetheless be pushing. I’ll nonetheless be climbing. I’ll nonetheless be rising. pic.twitter.com/kkOiJmXuln
— Maria Sharapova (@MariaSharapova) February 26, 2020
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