Maria Sharapova’s net worth in 2020 is a fascinating topic, partly because Sharapova has had quite a story arc. For a certain period of time, she was regarded as one of the best to ever play tennis. She was so wildly successful that she made three different Forbes lists.
She was No. 88 on The World’s Highest-Paid Athletes in 2016. She was No. 88 in the Celebrity 100 in 2015. She was part of the 30 Under 30 Europe – Hollywood & Entertainment list in 2016.
Moreover, she had been the highest-paid female athlete in the world for the past 11 years until Serena Williams usurped her. She has banked almost a total of $325 million in prize money, appearances and endorsements since she turned pro in 2001. She also appeared in commercials for Land Rover and Canon, as well as in ads for the watch brand Tag Heuer and the retail jeweler Tiffany. In addition to those endorsements, she also inked deals with Nike, Gatorade, Tropicana, and was named a brand ambassador for Porsche. However, recent controversies have sent her career spiraling down.
By 2017, she had dropped off from the Forbes lists she was part of. Therefore, it will be interesting to see how her bank account has been holding up. Here, we dive deeper and crunch the numbers on Maria Sharapova’s net worth in 2020.
For context, Sharapova shocked the world when she announced that she had failed a drug test at the Australian Open earlier this year. Apparently, she had been taking the drug Meldonium for a decade already for her health. However, the drug was added to the WTA Tour’s banned list of substances on January 1. Therefore, this started a domino effect and multiple sponsors bailed on her namely Tag Heuer, Nike, and Porsche. This will substantially affect her wealth for the years to come as she won’t be raking in the same cash that she has gotten used to over the years. Even if some sponsorship deals weren’t cut such as Avon, Evian, and Head, this won’t be enough to offset the losses overall.
While her sponsorship deals and endorsements remain unclear for the time being, her investments are still largely intact. Her own candy brand, Sugarpova, still ranks as her biggest major investment which has generated quite the flow for Maria Sharapova’s net worth. Second to this is her skincare company, Sugargoop. In addition, as a guest shark on Shark Tank, she also invested in wearable wrist and ankle weights company, Bala Bangles. It’s also worth noting that even though she’s not actively endorsing Nike as of the moment, her own tennis apparel line, the Nike Maria Sharapova Collection, is still under a royalty contract from the sale of the collection.
If you’re curious as to how she spends she spends her money, she owns a plethora of luxuries such as cars with a Mercedes Benz, Range Rover, Audi, and Porsche. She also owns a luxury home in Florida. On the flip side, she’s not afraid to share her wealth as she is involved with about ten charities including the Maria Sharapova Foundation. In 2007, she became the Goodwill Ambassador for the United Nations Development Programme (UNDP) and donated to Chernobyl-related projects. She also supports various scholarship programs for the education of poor students in rural areas.
Today, Maria Sharapova’s net worth reportedly sits at $195 million. This can be interpreted in two ways. First, that’s a far cry from her career earnings which are a total of $325 million, which could mean that she has amassed substantial losses and liabilities over the recent years. On the other hand, it could be remarkable to see that she still has exponential wealth to her name in which she has equally distributed it through luxury items, investments, and even charity. As she is also a businesswoman by heart, it seems like that the latter holds true. Nevertheless, look to Sharapova to excel in other aspects of life as she moves on from the world of tennis. After all, this is only the start of the next mountain that she’ll be climbing.
Tennis showed me the world—and it showed me what I was made of. It’s how I tested myself and how I measured my growth. And so in whatever I might choose for my next chapter, my next mountain, I’ll still be pushing. I’ll still be climbing. I’ll still be growing. pic.twitter.com/kkOiJmXuln
— Maria Sharapova (@MariaSharapova) February 26, 2020