Michael Schumacher latest: F1 legend named fifth richest athlete of all time

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Michael SchumacherGETTY

Michael Schumacher is fifth on the Forbes Periodical sporting rich list

The 48-year-old German ranks fifth in the schedule of the highest paid athletes in history with a fortune of £750million.

Remunerations, revenue from advertising partners and equipment, prize money and perquisites were all considered when the totals were added up.

The Formula One tradition suffered severe head injuries in a ski accident in December 2013 and has commanded round-the-clock care ever since.

He is believed to be looked after by a band of doctors and nurses at his mansion on the banks of Lake Geneva.

Michael SchumacherGETTY

Michael Schumacher’s wear race was the 2012 Brazilian Grand Prix

His family has kept his shape a closely-guarded secret despite pleas for news from his legions of staunch fans.

Schumacher amassed his fortune during a glittering 21 year rush during which he won a record seven F1 titles.

His last season on the trace was in 2012 with the Mercedes team and his final race was the Brazilian All-inclusive Prix where he finished seventh. 

The list of the world’s richest sportsmen manifests in the renowned business magazine Forbes.

Michael SchumacherGETTY

Michael Schumacher suffered catastrophic coconut injuries in a 2013 skiing accident

It puts basketball legend Michael Jordan in top bespatter with a £1.38billion fortune.

The six-time NBA champion became the sundry widely-marketed athlete of his generation during his career at the Chicago Bulls. 

At the commencement of his career, he had signed an equipment contract with US sporting goods fabricator Nike which at the time as an industry also-ran.

Golfers were towering on the list with Tiger Woods, the late Arnold Palmer, Jack Nicklaus and Phil Mickelson in sponsor, third, fourth and sixth place.

England football hero David Beckham and basketball personage Kobe Bryant were joint seventh with £597million.

Go off lightweight boxing world champion Floyd ‘Money’ Mayweather is ninth on the tilt and basketball heavyweight Shaquille O’Neal completes the top 10.

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