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Last updated on - January 8, 2025, 10:57 PM IST
By
Akshat Jain
In this series of images, we will explore the present net worth of two of India's Olympic stars Vinesh Phogat and Manu Bhaker.
Vinesh Phogat comes from a renowned wrestling family. Daughter of Rajpal Phogat and cousin to famous wrestlers Geeta and Babita Phogat, she gained early attention, with her family's journey depicted in the 2016 movie Dangal.
Manu Bhaker, a promising talent in Indian sports, grabbed attention with her outstanding performance at the 2024 Paris Olympics, where she clinched two bronze medals.
Vinesh Phogat faced a major setback when she was disqualified from the women's 50 kg freestyle wrestling final at the 2024 Paris Olympics. Surprisingly, this incident led to a remarkable increase in her financial success.
Manu Bhaker's Olympic achievements have motivated millions and greatly enhanced her financial position.
Despite the setback in her Olympic performance, Vinesh Phogat captured significant national attention, leading to a sharp rise in her endorsement fees. Before the 2024 Paris Olympics, she earned around Rs 25 lakh per deal, but her rates have now increased to Rs 75 lakh to Rs 1 crore per endorsement. As a result, her net worth, previously reported at Rs 5 crore, has soared to an impressive Rs 36.5 crore, according to Times Now and Asianet News. This wealth stems not only from her endorsement deals but also from her yearly salary of Rs 6 lakh from the Ministry of Youth Affairs and Sports. Managed by Cornerstone Sports, Vinesh has turned her sporting accomplishments into highly profitable financial ventures.
As of 2024, Manu Bhaker's net worth is estimated to be around Rs 12 crore, according to reports from Deccan Herald and Wikipedia. Her wealth mainly comes from her shooting career and profitable endorsement deals, with brands like Nothing India and Performax. In India, female athletes usually earn between Rs 8 lakh and Rs 30 lakh per endorsement, and Bhaker’s brand value is estimated at Rs 1.5 crore.
Vinesh's lifestyle showcases her achievements, featuring an impressive collection of luxury cars, including a Toyota Fortuner valued at Rs 35 lakh, a Toyota Innova priced at Rs 28 lakh, and a Mercedes GLE worth Rs 1.8 crore.
Manu's shooting career started with an initial investment of Rs 1.5 lakh from her father. Her progress in the sport was further bolstered by organizations like the Olympic Gold Quest (OGQ), which aids Indian athletes in reaching Olympic success. Additionally, she received Rs 12,16,257 from the Sports Authority of India under the Target Olympic Podium Scheme (TOPS) to assist in her Olympic training.
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