Michael Schumacher Net Worth

Raquel Davies | December 11, 2013

NET WORTH

$400 Million

  • REAL NAME

    Michael Schumacher

  • DATE OF BIRTH

    January 3, 1969

  • OCCUPATION

    Former Racing Driver

  • HEIGHT & WEIGHT

    5 foot 9 inches and 166lbs

  • SIGN

    Capricorn

  • REPRESENTATION

    N/A

michael_schumacher

Michael Schumacher has an estimated net worth of $400 million

Michael Schumacher is a German former race car driver with an estimated net worth of $400 million. He is 5’9″ and weighs 166 pounds. Michael Schumacher was born in Hürth, West Germany on January 3, 1969. His father, Rolf Schumacher was a bricklayer, and his mother was a homemaker. When Schumacher was four, his father modified his pedal cart by adding a small motorcycle engine. Young Schumacher crashed into a light post, so his parents took him to a karting track in Kerpen-Horrem where he became the youngest member of the club. At the age of six Schumacher won his first karting championship.

Michael Schumacher obtained a karting license in Luxembourg at the age of 12 because German law required him to be 14. In 1982 he won the German Junior Kart Championship. He joined Euorkart dealer Adolf Neubert in 1985 and two years later Schumacher was the German and European Kart Champion. After he won the German driver’s championships in Formula König and Formula Three, Schumacher signed to drive for the Benetton Formula One team in 1991.

He won three consecutive championships while racing with Benetton between 1994-1995. In 1996 he started racing with Ferrari and won five consecutive titles between 2000-2004. In 2006 Schumacher became an advisor for Ferrari’s team and retired as a racer.

Throughout his career Schumacher became a seven-time Formula One World Championship winner. Michael Schumacher is widely thought of as the greatest Formula One racer of all time. Michael Schumacher holds records for having the most championships, race victories, fastest laps, pole positions, and most races won in a single season. According to Formula One’s website Schumacher is  ”statistically the greatest driver the sport has ever seen”.

Michael Schumacher has enough net worth to buy:

1. 1,095,890.4 Alexander wang Striped Mesh Swimsuits ($365 each)

2. 278,745.6 Fornasetti Caccia Trays ($1,435 each)

3. 102,301.7 Ann Dexter-Jones Gold Overlay ID Bracelets ($3,910 each)

Michael Schumacher has enough net worth to give everyone in the United States of America $1

About the Author

Written by Raquel Davies

Raquel is a staff writer for PlentyofCheddar.com. She received her Bachelor's of Arts in Public Relations from Barry University. Raquel enjoys reading Sci-Fi/ Fantasy novels and watching films of that same genre. Raquel is also enjoys the theater arts and fine dining. She was raised in Maryland but currently resides in Miami. Check her out on !

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