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

Joshua Rogers September 15, 2021
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
Have something to tell us about this article?
Let us know
Joshua is a senior sports writer with over four years' experience in online writing. He graduated with a BA in Ancient History from The University of Manchester before receiving an MA in Sports Journalism from The University of Central Lancashire. He became a trending writer for a leading social publisher and later spent time covering the 2018 World Cup for The Mirror Online. He then moved to a social marketing agency where he acted as website editor. His specialties on The Focus include F1, tennis, NBA, NFL and combat sports.