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Michael Schumacher’s huge fortune and his poignant decision shortly before his accident

Michael Schumacher’s huge fortune and his poignant decision shortly before his accident

Michael Schumacher reportedly made his first public appearance in 11 years last week when he attended his daughter’s wedding in Mallorca.

The Formula 1 legend’s condition has been shrouded in mystery for over a decade after he suffered a serious brain injury in a skiing accident in December 2013. Schumacher had been skiing in the French Alps when he fell and hit his head on a rock. The accident broke his helmet in two and left him in a medically induced coma for several months.

Since then, he has received round-the-clock medical care from his wife Corinna and a team of medical professionals at his family home on Lake Geneva. Because Corinna is fiercely protective of her husband’s privacy following the accident, little is known about his condition as only a select group of friends and family were allowed to visit him.

READ MORE: Michael Schumacher is seen in public again for the first time in more than a decade

READ MORE: What happened to Michael Schumacher and what is his condition now?

However, according to reports in Germany, the former racing driver was present to watch his 27-year-old daughter Gina Maria marry Iain Bethke in a lavish ceremony at the family’s villa in Mallorca last Saturday. It is believed guests were asked to leave their mobile phones at the door to ensure no unauthorized photos were taken of Schumacher.

Of course, the 55-year-old is a legend of his sport, having won a record-breaking seven Formula 1 Drivers’ World Championships – to date only equaled by Lewis Hamilton – and set a number of other records over the course of his 17 years at the highest level. He won five consecutive championships with Ferrari between 2000 and 2004 and also drove for Jordan, Benetton and Mercedes.

Unsurprisingly, this success made him one of the highest-paid athletes of all time, earning over £820 million during his time in Formula 1. He was thought to be earning a staggering £82 million a year at the peak of his career, with his current net worth estimated at around £500 million, according to Celebrity Net Worth.

With such an enormous fortune, Schumacher made the decision to complete his last will and testament at the age of 41 when he decided to return to Formula 1 in 2010. In doing so, he made a poignant statement about the possibility that something could happen to him. in everyday life”.

In an interview with a German magazine, he said: “Yes, I made my will because I am a family man. But it’s less about Formula 1 and more about the things that can happen in everyday life.”

The round-the-clock care Schumacher received since his accident reportedly cost up to £115,000 a week, with Corinna reportedly forced to sell his £25million private jet and holiday home following the accident.

The racing legend’s wife is also believed to have built a £10m infirmary in their home so he could leave hospital in 2014, while in 2018 she bought the £2.3m Mallorcan villa that once belonged to Real’s president Madrid, Florentino Perez, belonged

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