Friday, January 18, 2008

Billionaires in Sports

Today Forbes released their list of Billionaires in Sports, but they left a couple of names off their list, so we felt it was only fair that we add our little addendum.


Michael Schumacher
Born in Hurth Hermulheim, Germany in the winter of 1969, Schumacher rose through the ranks of Formula 1 to become arguably the greatest driver ever. He began a run of seven championships in 1994 only to retire 12 years later following the 2006 season. In 2005, EuroBusiness proclaimed Schumi the first billion dollar athelete thanks in part to his winnings and endorsements (although Forbes records his net worth around $650 million). In 2007, Schumacher ranked 24th on Forbes' top 100 celebrities list reportedly earning $36 million. Don’t we all wish we could make that kind of money in our retirement?
(Photo: seriouswheels.com)


Paul Menard
Menard is entering his second season on the Sprint Cup circuit following a less than stellar rookie season for DEI. Unlike Schumacher, Menard's billions don’t come from his winnings or his endorsements but rather his father, John R. Menard, Jr. who in college started a small business which has turned into the multi-billion dollar home improvement empire, Menards, Inc. Menards may not be as well recognized as Home Depot or Lowes, but frankly Paul won’t have to worry if his whole racing career falls a part considering he and his five siblings could end up splitting papa’s $7.3 billion fortune. Did we mention that Paul’s dad was number 44 on Forbes’ Billionaire list for 2007? Now we did.
(Photo: Al Messerschmidt/WireImage.com)


Mike Comrie
Mike Comrie could be called a journeyman after playing for the Oilers, Flyers, Coyotes, Senators and Islanders since being drafted in 1999. But his billionaire status lays in the hands of his father William (Bill) Comrie. Comrie gave up his hockey career at the age of 19 after playing for the Edmonton Oil Kings to go into the furniture business. And what a good call that was. Along with his brothers Fred and John, Comrie started The Brick Warehouse Corporation, the largest retailer of furniture, appliance, mattresses and electronics in Canada. The company enjoys sales of over $1 billion a year. And the money came in handy in 2007, when Mike’s Senators were in the Stanley Cup Finals. Bill was a season ticket holder for the Anaheim Ducks and was able to see his kid play. I knew Mike made some money playing hockey, but I could not figure out how he could afford to give girlfriend Hilary Duff a $100,000 Mercedes for her 20th birthday.
(Photo: Bruce Bennett/Getty Images)

And for everyone who will comment that Tiger Woods is not on the list, he's about $250 million short, but I'm sure he'll make the list in a couple of years.

It's been fun blogging with you,
Kate

1 comment:

Anonymous said...

They`re all hard enough workers in the sports biz to have actually earned what they`re being payed, except little boy psychobrat Comrie of course. In a couple of years Tiger should be able to afford his own stuff without having to rely on the endorsements. hahahaha