Phogat, Manu Bhaker’s Net Worth Soar After Paris Olympics 2024 - Vibes Of India

Gujarat News, Gujarati News, Latest Gujarati News, Gujarat Breaking News, Gujarat Samachar.

Latest Gujarati News, Breaking News in Gujarati, Gujarat Samachar, ગુજરાતી સમાચાર, Gujarati News Live, Gujarati News Channel, Gujarati News Today, National Gujarati News, International Gujarati News, Sports Gujarati News, Exclusive Gujarati News, Coronavirus Gujarati News, Entertainment Gujarati News, Business Gujarati News, Technology Gujarati News, Automobile Gujarati News, Elections 2022 Gujarati News, Viral Social News in Gujarati, Indian Politics News in Gujarati, Gujarati News Headlines, World News In Gujarati, Cricket News In Gujarati

Phogat, Manu Bhaker’s Net Worth Soar After Paris Olympics 2024

| Updated: August 29, 2024 13:27

The brand value of players has gone up significantly after their success at the recently concluded Paris Olympics.

Vinesh Phogat’s Olympic performance, despite the setback, generated immense national interest, leading to a sharp increase in her endorsement fees. Before Paris 2024, she was charging around Rs 25 lakh per deal, but her fees have now surged to Rs 75 lakh and Rs 1 crore per endorsement. As a result, her net worth, which was previously reported at Rs 5 crore, has now skyrocketed to an impressive Rs 36.5 crore.

This wealth is not only driven by her endorsement deals but also by her annual salary of Rs 6 lakh from the Ministry of Youth Affairs and Sports. Managed by Cornerstone Sports, Vinesh has successfully turned her athletic achievements into lucrative financial opportunities.

Vinesh’s lifestyle reflects her success, with a luxury car collection that includes a Toyota Fortuner worth Rs 35 lakh, a Toyota Innova at Rs 28 lakh, and a Mercedes GLE valued at Rs 1.8 crore. 

Manu Bhaker, the rising star of Indian sports, made headlines with her remarkable performance at the 2024 Paris Olympics, where she secured two bronze medals.

As of 2024, Manu Bhaker’s estimated net worth is around Rs 12 crore. Her wealth is primarily derived from her professional shooting career and lucrative endorsement deals, including partnerships with major brands like Nothing India and Performax. Female athletes in India typically earn between Rs 8 lakh and Rs 30 lakh per endorsement, and Bhaker’s brand value is estimated at Rs 1.5 crore.

Manu’s journey in shooting began with an initial investment of Rs 1.5 lakh from her father. Her rise in the sport was further supported by organisations such as the Olympic Gold Quest (OGQ), which helps Indian athletes achieve Olympic success. She also received Rs 12,16,257 from the Sports Authority of India under the Target Olympic Podium Scheme (TOPS) to support her Olympic preparation.

Additionally, she was granted Rs 1,50,67,390 from the Annual Calendar for Training and Competition (ACTC), contributing significantly to her training and competition expenses. Before her Paris Olympics triumph, her net worth was reportedly just Rs 60 lakh.

Also Read: Challenges That Await Jay Shah As New ICC Chief

Your email address will not be published. Required fields are marked *