What is Michael Schumacher's net worth as new documentary lands on Netflix?

Joshua Rogers September 15, 2021
What is Michael Schumacher's net worth as new documentary lands on Netflix?
Photo by Paul Gilham/Getty Images

The former Ferrari driver is one of the greatest Formula One racers of all time. However, in 2013 his career was tragically cut short after a devastating skiing accident. Netflix has a new documentary out chronicling the life of the iconic German. Here’s more on Michael Schumacher’s net worth and his wife, Corinna.

Schumacher documentary lands on Netflix

Seven-time Formula One world champion Michael Schumacher is the subject of Netflix’s new sports documentary, Schumacher.

The legendary driver had a serious skiing accident in 2013, leaving him with severe head injuries.

SCHUMACHER | Official Trailer | Netflix

SCHUMACHER | Official Trailer | Netflix

Since then, Michael has required constant assistance and is kept out of the public eye as he struggles to lead a normal lifestyle. 

The documentary is available to stream from Wednesday (15 September). Schumacher explores his success on and off the track, as told by family, friends and industry experts.

Photo by Alexander Hassenstein/Bongarts/Getty Images

What is Michael Schumacher’s net worth?

The German is one of the most successful Formula One drivers of all time.

Michael made his F1 debut in 1991, winning his first and second drivers’ titles in 1994 and 1995 with Benetton.

In 1996, he joined Scuderia Ferrari, a team that had been struggling in the years before Schumacher joined them.

With Ferrari, Michael won five consecutive titles from 2000 to 2004.

In 2006, Michael announced his retirement, but briefly came back for Mercedes in 2010 before retiring for good.

At the peak of his career, Michael made $80 million to $100 million (£57.9 million to £72.3 million) per year. 

He is one of the few athletes in history to have earned more than $1 billion in his career.

According to celebritynetworth.com, Michael Schumacher has a net worth of $600 million (£434 million).

Corinna Schumacher, Michael’s wife, acquired a 160,000 square foot property in Majorca, Spain, in 2018.

It is valued at $40 million.

Schumacher has given away millions to charity over the years. He is well known for his philanthropic work.

Photo credit should read PATRIK STOLLARZ/AFP via Getty Images

Who is Michael Schumacher’s wife, Corinna?

Michael married Corinna Betsch in August 1995.

Corinna Schumacher is a German horse rider and animal rights activist, and the couple have two children.

Gina-Marie was born in 1997 and, two years after that, Mick Schumacher was born.

Mick followed in his father’s footsteps and is currently a driver for Haas F1.

Corinna appears in Netflix’s Schumacher documentary, speaking about the freak accident Michael suffered.

She says it was “just really bad luck – all the bad luck anyone could ever have in their life”.

Corinna adds: “I miss Michael every day. But Michael is here – different, but here. He still shows me how strong he is every day.”

Photo credit should read STR/AFP via Getty Images
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Joshua is a Senior Sports Writer at GRV Media with over five years of experience in online writing and editing. After receiving a BA (Hons) in Ancient History and an MA in Sports Journalism, he became a writer for a leading social publisher with over 7 million Facebook followers. Joshua then joined Reach PLC, covering the 2018 World Cup for The Mirror Online and regional publications like the Liverpool Echo. He then moved to a social media marketing agency and content studio, Brave Bison, acting as Website Editor for The Hook. Joshua now oversees all sports content on The Focus, specializing in NBA, NFL, F1, and tennis, while also keeping a close eye on his beloved Manchester United.