Vinesh Phogat, a prominent figure in Indian wrestling, has made significant contributions to the sport and has garnered attention not only for her athletic achievements but also for her financial success. This article delves into her net worth, income sources, lifestyle, and the impact of her career on her financial standing.
Early Life and Career
Born on August 25, 1994, in Charkhi Dadri, Haryana, Vinesh hails from a family deeply rooted in wrestling. She is the niece of renowned wrestler Mahavir Singh Phogat and has several cousins, including Geeta and Babita Kumari, who are also accomplished wrestlers. Vinesh’s journey in wrestling began at a young age, and she quickly rose through the ranks, becoming a trailblazer for female athletes in India.
Her career is marked by numerous accolades, including multiple gold medals at the Commonwealth Games and significant performances at the World Wrestling Championships. Vinesh made history by being the first Indian woman wrestler to qualify for the Olympics and has competed in three Olympic Games: 2016, 2020, and 2024.
Vinesh Phogat’s Net Worth
As of August 2024, Vinesh Phogat’s estimated net worth is approximately ₹36.5 crore (around $4.4 million). This figure reflects her successful wrestling career, various income streams, and brand endorsements.
Income Sources
- Monthly Salary: Vinesh receives a monthly salary of ₹50,000 from the Ministry of Youth Affairs and Sports, which totals ₹6 lakh annually. This salary is a significant part of her income, especially for athletes in India.
- Brand Endorsements: Vinesh has secured lucrative endorsement deals as a brand ambassador for companies like Baseline Ventures and Cornerstone Sport. These partnerships contribute significantly to her overall earnings, although specific figures for these endorsements are not publicly disclosed.
- Prize Money and Sponsorships: As a top athlete, Vinesh also benefits from prize money from competitions and sponsorships, although detailed accounts of these earnings are not readily available.
Lifestyle and Assets
Vinesh Phogat’s lifestyle reflects her success and achievements. She resides in a luxurious villa in Haryana, the value of which is estimated to be in crores. While specific details about the property are limited, it is known that she has invested significantly in upgrading her living space.
Car Collection
Vinesh has an impressive collection of vehicles, which showcases her taste for luxury and comfort. Her car collection includes:
- Toyota Fortuner: Valued at approximately ₹35 lakhs.
- Toyota Innova: Estimated at around ₹28 lakhs.
- Mercedes-Benz GLE: Priced at approximately ₹1.8 crore.
These vehicles not only reflect her financial success but also her status as a prominent athlete.
Personal Life
On a personal note, Vinesh Phogat is married to fellow wrestler Somvir Rathee. The couple tied the knot on December 14, 2018, in a private ceremony. They met while working for Indian Railways and share a deep bond through their mutual passion for wrestling. As of now, they do not have children and are focused on their respective careers.
Recent Challenges
Despite her successes, Vinesh faced significant challenges during the Paris 2024 Olympics. She was disqualified from the competition due to exceeding the weight limit by just 100 grams, which led to her retirement from professional wrestling. This incident has been a point of discussion in the media, highlighting the pressures athletes face regarding weight management and competition standards.
- Countering every move of the opposition, trying to woo the vote bank… What is the reason behind Yogi’s slogan ‘If we divide, we will be cut’?
- Bangladeshis angry after not getting Indian VISA, protested outside Indian Visa Center in Dhaka
- 16 year old girl gang raped in Mathura, the brutes made her a victim by giving her an intoxicating cold drink in the field
- Janmashtami 2024: Who was Paundrak who had a fake Sudarshan Chakra? He used to call himself Shri Krishna
- PAK vs BAN 1st Test: Pakistan team will be hurt a lot by their defeat against Bangladesh… for the first time someone behaved like this at home
Vinesh Phogat’s journey from a small village in Haryana to becoming one of India’s most celebrated wrestlers is inspiring. Her net worth of ₹36.5 crore is a testament to her hard work, dedication, and the financial rewards that come with success in sports. As she transitions from her wrestling career, her impact on the sport and her legacy will undoubtedly inspire future generations of athletes.