(GMM) F1’s retiring Michael Schumacher may have amassed an estimated fortune of $800 million, but according to BusinessF1 magazine, he also gives a lot away.
The magazine said Ferrari’s 37-year-old donated a total of $50 million over the last four years, after several undisclosed hand-outs were uncovered in German public records.
As well as donating $5.6m to UNESCO and $10m to the Asian tsunami fund, Schumacher reportedly funded hospitals in Bosnia, orphanages in Peru and schools in Senegal.
The CNN-IBN publication, meanwhile, has found that he is the greatest sportsperson of the modern era, after a poll put Schumacher ahead of Roger Federer (42 per cent of the vote) and Tiger Woods (9%).
The German scored 49 per cent.
Bookmark to:
- Tony Stewart Flips Car in Charity Race
- Reutimann’s car to have both sponsors at Nextel Open
- Kyle Petty Charity Ride launches from Maine
- Fans can bid on towel used by Brickyard winner Tony Stewart
- Schumacher Will Finish Career at Ferrari
No Responses to “Schumacher is F1’s king of charity”
Please Wait
Leave a Reply