Before Olympics Vinesh Phogat’s Net Worth was Rs 5 Cr, Neeraj Chopra’s was Rs 25 Cr, Now They Are Worth…
First Published: 26th August, 2024 19:34 IST
Vinesh Phogat's fee for an endorsement deal has taken a significant jump in comparison to the money she would charge for advertisements before the Paris Games.
Former Indian wrestler Vinesh Phogat is a renowned wrestler who recently quit her professional career due to unfortunate disqualification in the women’s 50kg freestyle wrestling final at the 2024 Paris Olympics.
Despite the spotlight and accolades, Vinesh’s journey hit an unexpected bump when she was disqualified from the women’s 50 kg freestyle wrestling final at the 2024 Paris Olympics.
However, this controversy seemed to cast a shadow on her career, but it paradoxically ignited a dramatic surge in her financial status.
Vinesh Phogat’s fee for an endorsement deal has taken a significant jump in comparison to the money she would charge for advertisements before the Paris Games.
According to Economic Times, Vinesh’s performances in Paris caught the entire’s nation’s attention and her endorsement fee has also taken a huge surge. She reportedly charged Rs. 25 lakh for each endorsement deal before Paris 2024, and has increased it in the region of Rs. 75 lakh and 1 crore for a single brand.
Phogat’s net worth according to reports was Rs 5 crores and now stands at an impressive Rs 36.5 crore.
This fortune is bolstered not only by her endorsements but also by her annual salary of Rs 6 lakhs from the Ministry of Youth Affairs and Sports.
Her car collection includes a Toyota Fortuner priced at Rs 35 Lakhs, a versatile Toyota Innova valued at Rs 28 Lakhs, and the luxurious Mercedes GLE, which costs Rs 1.8 Crores.
Vinesh has an illustrious career decorated with several prestigious awards and accolades. She won Gold medals in the Commonwealth Games (2014, 2018, 2022), a Gold and Bronze in the Asian Games (2018, 2014), two World Championships Bronzes (2019, 2022), and a stellar Asian Championships tally: 1 Gold, 3 Silver, and 4 Bronze. She has also been honoured with the Major Dhyan Chand Khel Ratna, Arjuna Award, and Padma Shri.
Similarly, Neeraj Chopra, the celebrated Indian javelin thrower who secured the silver medal at the Paris Olympics, despite battling a groin injury, boasts a much more robust financial portfolio.
With an estimated net worth of around Rs 37 crore, Chopra’s wealth is significantly bolstered by endorsements from numerous high-profile companies. As a brand ambassador for several prominent brands, Chopra’s financial success mirrors his athletic achievements.
With a net worth of Rs 37 crore, he also holds lucrative endorsements and serves as a Junior Commissioned Officer in the Indian Army.
He is a favourite of the brands and is currently associated with several high-profiles ones like Nike, Gatorade, Omega, Under Armour, Tata AIA Life Insurance, Procter & Gamble and CRED.
In addition to the brand he endorses, Neeraj also owns several properties worth crores which adds to his overall net worth. Neeraj also has a love for cars and owns Range Rover Sport, Ford Mustang GT, Toyota Fortuner, Mahindra Thar, and Mahindra XUV700 among other four wheelers. He has a good bike collection as well and has motorcycles like the Harley-Davidson 1200 Roadster and Bajaj Pulsar 220F.
Besides endorsements, Neeraj earns from his participation in various competitions. He also received significant cash rewards from multiple sources, including state governments and private organizations, following his Olympic victories.
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