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“He left behind $900 million for his family”- Michael Schumacher made a will to distribute his wealth three years before his skiing accident

Somin Bhattacharjee
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"He left behind $900 million for his family"- Michael Schumacher made a will to distribute his wealth three years before his skiing accident

Seven-time World Champion Michael Schumacher suffered a horrible head injury while skiing in the French alps in 2013. 

The German’s skiing accident shocked the sporting world to it’s very core. It changed the Schumacher family’s life forever, and even though the legendary F1 driver is alive and recovering today, we haven’t seem him make a public appearance in over eight years.

Three years before this incident, Schumacher had drawn up a will that would distribute his wealth to family. While he didn’t reveal the amount himself, it’s believed that it was worth up to £750 million (more than $900 million.)

He spoke about it in an interview in 2010, citing that he made this decision because of the uncertainty one faces in their everyday life. “Yes, I have made my testament because I am a family man,” he said. “But it is less about Formula One but because of the things that can happen in everyday life.”

Schumacher was a fierce competitor on the racing track, but outside of it, he’s a family man through and through. This was a fact that highlighted by many of his close friends and family in Netflix’s documentary ‘Schumacher’.

Also read: “If you’re part of the team, then you’re partly responsible for what you have”– Michael Schumacher on Fernando Alonso’s criticism to Ferrari not giving him title worthy car

How is Michael Schumacher recovering right now?

Former FIA president Jean Todt lauds Schumacher’s wife Corinna for ‘keeping him alive and healthy’. She has had to deal with a lot personally, and the outside world since her husband’s accident in 2013.

“I’ve spent a lot of time with Corinna since Michael had his serious skiing accident on December 29, 2013,” Todt said. “She is a great woman and runs the family. She hadn’t expected that. It happened suddenly and she had no choice. But she does it very well. I trust her, she trusts me.”

Now 52 years old, Schumacher and his family continue the recovery process in private away from any kind of media attention. He resides with his family in Gland, Switzerland as of now.

Todt also praised the seven-time Champion for his fighting spirit and revealed that the two of them watched a race together last year.

“I saw the race together with Michael Schumacher at his home in Switzerland,” he said. Michael is in the best hands and is well looked after in his house. He does not give up and keeps fighting.”

Also read: “McLaren wanted to pay Kimi Raikkonen $5 million”– How McLaren forced 2007 world champion to take sabbatical from F1

    About the author

    Somin Bhattacharjee

    Somin Bhattacharjee

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    Formula 1 Editor Somin Bhattacharjee fell for the sport as well as Fernando Alonso on the same day — during the Spaniard’s thrilling victory at the German GP in 2010. Over the years, the passion magnified manyfold, and metamorphosed into a writing career in 2021. Though holding a bachelor's degree in marketing, Somin discovered his true calling in writing. He has penned over 2,700 articles for TheSportsRush, presenting a diverse range — news reports, opinions, and exclusives. A true Tiffosi, Somin never gives up on a chance to defend the Ferrari boys as a fan. As a sports writer though, he remains objective to the core and relishes opportunities to follow and engage in dissecting the action during races. That’s where the real thrill lies for him. Beyond the racetrack, Somin plays different sports including soccer. He enjoys exploring other sporting events and proudly supports Spanish soccer club Real Madrid.

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