Ralf Schumacher was born on the 30th June 1975 in Hermülheim, Hürth, North Rhine-Westphalia, Germany. He is a retired professional race car driver, best recognized for competing in the Formula One championship from 1997-2007, and also known for participating in the Deutsche Tourenwagen Masters karting series. His professional career was active from 1997 to 2013.
So, have you ever wondered how rich Ralf Schumacher is, as of late 2017? According to authoritative sources, it has been estimated that the total size of Ralf’s net worth is over $30 million, accumulated through his successful involvement in the sports industry.
Ralf Schumacher Net Worth $30 Million
Ralf Schumacher was raised with his older brother by his father, Rolf Schumacher, a bricklayer, and his mother, Elisabeth Schumacher; he is the brother of Michael Schumacher who was Formula One World Champion seven times. Under the influence of his parents and brother, Ralf began karting when he was only three years old on their own go-kart track in Kerpen.
Ralf’s first major success came in 1991, when he competed at the Gold Cup as well as the NRW Cup, which was followed by winning the 1992 German Junior Kart Championship. After that, he finished runner-up in the ADAC Junior Formula Championship, and soon moved to participate in the 1994 German Formula Three Championship, finishing third. During the next two years Ralf continued to line up successes, competing in the Macau Grand Prix, the Masters of Formula 3, and the Formula Nippon Series. In 1996, Ralf signed a contract with the Jordan team and won the Japanese Formula Nippon series, which earned him a Formula One drive in the next year, and marked the beginning of an increase of his net worth.
Thus, Ralf’s full-time professional racing career began in 1997, when he made his debut for the Jordan team in Formula One, finishing the championship in 11th place. He also competed in the FIA GT Championship, alongside Klaus Ludwin, finishing fifth. In the following year, he was sixth at the British Grand Prix, his best result. In 1999, Ralf signed a contract for the next two years with the Williams team, and in that season, he finished in third place in Australia, fourth in Brazil, after which he had an accident in Monaco, but his contract was extended to a three-year deal, which was worth $31 million, increasing further his fortune.
In the 2001 season came Ralf’s first F1 victory when he won the San Marino Grand Prix, and later that year the Canadian Grand Prix TOO, with brother Michael second. He also took second place in France and fourth in the European Grand Prix. The following season he started in Australia without any major success; however, he won in his next race in Malaysia, which was followed by second place in Brazil and third in San Marino; both of these seasons he finished in fourth place in the Drivers’ Championship. In 2003, Ralf won both the French and the European Grand Prix, adding a considerable amount to his net worth, and helping Williams to win the Constructor’s Championship. His 2004 season was marred by accidents and relatively minor injuries, so no wins and a 9th place finish in the championship
To speak further about his professional career, Ralf signed a contract in 2005 with the Toyota F1 team, competing for them until 2008. Moreover, he was chosen to serve in the position of the Chairman of the Grand Prix Drivers Association (GPDA) in 2006. During his stint with Toyota, the team reached fourth in the Constructors’ Championship, as he took points in the French, Monaco and British Grand Prix, among others, contributing further to his wealth, after which he retired from F1. He then competed in the Deutsche Tourenwagen Masters from 2008 until 2013, when he decided to retire.
Speaking about his personal life, Ralf Schumacher is currently single. He was previously married to Cora-Caroline Brinkmann (2001-2015), with whom he has a son named David, who is also a professional race car driver. In free time, Ralf enjoys playing tennis and cycling. He divides his time between residences in Saint Tropez, France and his hometown. He is also active in the Laureus Foundation as an Ambassador for the Laureus World Sports Awards.
