Michael Schumacher Net Worth

$600 Million

Last Updated:

Jeff Bezos Net Worth

What is Jeff Bezos' net worth? Jeff Bezos is now...

Eminem Net Worth

What is Eminem's net worth? As of , Eminem's...

Jordan Belfort Net Worth

What is Jordan Belfort's net worth? Introduction Jordan Belfort's net worth...

Cristiano Ronaldo Net Worth

What is Cristiano Ronaldo's net worth? As of ,...

Justin Bieber Net Worth

What is Justin Bieber's net worth? Introduction As of ,...

What is Michael Schumacher’s net worth?

Net Worth:$600 Million
Born:January 3, 1969
Height:1.74 m (5 ft 9 in)
Country of Origin:Germany
Source of Wealth:Professional Racing Driver
Last Updated:August 2, 2022


As of February 2023, Michael Schumacher’s net worth is roughly $600 Million.

Michael Schumacher is a retired German racing driver who raced in Formula One for Jordan Grand Prix, Benetton and Ferrari, where he spent most of his career. 


Early Life 

Michael Schumacher was born on the 3rd of January, 1969, in the town of Hürth, North Rhine-Westphalia, Germany. When he was young, he showed interest in racing, and his parents encouraged him by building him his own kart. 

In 1982, a young Schumacher won the ‘German Junior Kart Championship.’ The following year, he was given his driving license at the age of 14.



In 1990, Michael competed in the ‘Formula 3’ championship of Germany for the ‘WTS’ team. The same year, he competed in the ‘World Sports-Prototype Championship’ as part of the ‘Mercedes junior racing programme. 

The following year, the young driver competed in a ‘Formula One’ race for the ‘Jordan Grand Prix’ team, and finished seventh. The same year, he placed fifth in the ‘Italian Grand Prix,’ defeating Nelson Piquet.

The same year, at the ‘Australian Grand Prix,’ the racer was involved in an accident with British racer Damon Hill. Subsequently, the English media blamed Schumacher for the incident
In the 2005 ‘Formula One’ championship, the rules were changed with drivers allowed to use only one set of tires for the entire race.

The ‘Ferrari’ team used ‘Bridgestone’ tires that required frequent replacing. When the rules were changed, teams using ‘Michelin’ tires won most of the races, while the six drivers using ‘Bridgestone’ tires had to drop out.

The only competition that Schumacher won in the 2005 season was the ‘United States Grand Prix,’ where he finished third, scoring a total of 62 points. 

As of February 2023, Michael Schumacher’s net worth is $600 Million. 



Here are some of the best highlights of Michael Schumacher’s career: 

  • Best Driver ESPY Award (2002, 2005) 
  • Bambi Millennium Award (2014) 


Favorite Quotes from Michael Schumacher

“Those who have come into Formula One without experiencing cars devoid of electronic aids will find it tough. To control 800 horse power relying just on arm muscles and foot sensitivity can turn out to be a dangerous exercise.” – Michael Schumacher 

“I don’t feel like promising big things to my fans. I’m not thinking about victory at all. I’ll do my best to get on the podium at least, although I must admit I feel fairly pessimistic.” – Michael Schumacher 

“I retired simply because I didn’t have the passion and motivation anymore; I was tired. At the time I thought, ‘Well, I had a great time, there is the end.’ At some moment, there is the right time to call it an end.” – Michael Schumacher 

“People get excited around me and behave differently than they would normally. I don’t feel different from anyone else, except that I drive a racing car round in circles faster than somebody else.” – Michael Schumacher 


3 Strong Lessons from Michael Schumacher

Now that you know all about Michael Schumacher’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 


1. Give Your All 

In all you do, make sure you give it your all. When this becomes a habit you will notice a huge difference in your life. 


2. Never Give Up 

Even the smallest glimpse of hope should be enough for you to keep moving forward. Never, ever give up.


3. Stay Humble 

Be the example you want to see in the world. Be humble and yet be passionate about success. 


Frequently Asked Questions


How much is Michael Schumacher worth?

Michael Schumacher’s net worth is estimated to be $600 Million.

How old is Michael Schumacher?

Michael Schumacher was born on January 3, 1969, and is currently 54 years old.

How tall is Michael Schumacher?

Michael Schumacher’s height is 1.74 m, which is equal to 5 ft 9 in.


Michael Schumacher is a famous ‘Formula One’ racer who developed a passion for the sport at a very young age. He was the face of ‘Ferrari’ for more than ten years. He won the ‘Formula One’ championship on seven occasions, scoring high points in almost all the races in every season. 

As of February 2023, Michael Schumacher’s net worth is roughly $600 Million. 

What do you think about Michael Schumacher’s net worth? Leave a comment below. 

Emmy Wallin
Emmy Wallin
Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Emmy has a big passion for helping others and motivating people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. She is the face behind the net worth profiles here on Wealthy Gorilla.


Please enter your comment!
Please enter your name here

Kane Net Worth

This 3-time WWE World Champion is a titan in the ring and the political arena with a net worth that’s as impressive as his career.

Kendall Jenner Net Worth

What is Kendall Jenner's net worth? Introduction As of ,...

Emma Bunton Net Worth

What is Emma Bunton's net worth?  Introduction      Emma Bunton...

Anthony Rendon Net Worth

What is Anthony Rendon's net worth?  Introduction  Anthony Rendon is an...

Xzibit Net Worth

What is Xzibit's net worth? Introduction  As of , Xzibit's...

Shannon Elizabeth Net Worth

What is Shannon Elizabeth's net worth?  Introduction  Shannon Elizabeth is an...

Latest Net Worth Profiles

John Landis Net Worth

John Landis made millions as a director and actor in Hollywood, eventually becoming one of the wealthiest icons in the film world.

Ralf Schumacher Net Worth

German racing driver Ralf Schumacher has earned millions as a Grand Prix champion in Formula One.

Petra Kvitova Net Worth

Czech professional tennis player Petra Kvitova has earned a substantial net worth as one of the world's greatest players to ever compete on the court.

Peter Jackson Net Worth

Best known for directing Lord of the Rings, Peter Jackson is one of the wealthiest and most well-known filmmakers in Hollywood.

Peter Forsberg Net Worth

Former professional hockey player Peter Forsberg earned millions in the NHL as one of the greatest players of all time.

Pete Sampras Net Worth

As a longtime rival of Andre Agassi, Pete Sampras has earned a substantial net worth as one of the world's best former tennis players.

Steve Nash Net Worth

Steve Nash is a former National Basketball Association player, and current coach, who is considered one of the greatest point guards of all time.

Pete Dye Net Worth

Golf course designer Pete Dye was renowned for his architectural skills, and he earned millions by creating some of the best golf courses in the world.

Stefan Edberg Net Worth

Former professional tennis player Stefan Edberg has earned a remarkable fortune as a six-time Grand Slam champion.

Paul Thomas Anderson Net...

American filmmaker Paul Thomas Anderson has earned a substantial net worth for directing hits like Boogie Nights and Magnolia.