Here's How The PSG Star Earns And Spends His Fortune
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Kylian Mbappé is regarded as one of the best forwards and one of the most famous football players in the world. Known for his dribbling skills, tremendous speed, and finishing, he has won five Ligue 1 championships (1 with Monaco and 4 with PSG). Mbappé is also well-known for his World Cup 2018 performances with France. He played a crucial role in the team's victory and was awarded FIFA World Cup Best Young Player. Additionally, the Frenchman got the Golden Boy award in 2017 for being the world's top young player.
According to a survey published by Forbes in 2022, Kylian Mbappé is the fifth highest-paid football player in the world. According to the article, the forward for Paris Saint-Germain and France earned $43 million between May 2021 and May 2022. Lionel Messi ($130 million), Cristiano Ronaldo ($115 million), Neymar ($95 million), and Mohamed Salah ($45 million) were the only players to earn more money. The estimated net worth of the 24-year-old is $150 million. Let's take a look at how Kylian Mbappé earns and spends his fortune.
Earns: Football Career
In 2017, at the age of 19, Kylian Mbappé signed a new three-year contract with PSG. According to The New York Times and The Guardian, Mbappé earns $300 million annually. In addition to earning $120 million from the new contract, he also receives $30 million per year (after taxes), for a total of $90 million from PSG. According to some reports, Mbappé's deal is a standard three-year agreement. A few French sources, however, imply that the contract is for two years, allowing him the option to stay or depart after two years.
Spends: Cars
You would expect a fast player like Mbappé to drive a Lamborghini or Ferrari, given his enthusiasm on the field. It turns out, though, that the striker is somewhat timid about cars. Mbappé was certainly too young to drive when he dominated the 2018 World Cup in Russia as a 19-year-old. However, this did not prevent him from customizing some of the cars he owns, such as the modified Volkswagen Tiguan SUV, the all-electric Volkswagen ID.4, as well as the $60,000 Audi A6 Avant. Recent acquisitions by the French forward include an $80,000 Mercedes-Benz GLE and a $150,000 Mercedes V Class.
Earns: Sponsorship Deals
Kylian Mbappé has a significant sponsorship agreement with Nike, which he renewed in the summer of 2017 prior to joining PSG. Adidas was also interested in signing the football star at the time and was reportedly willing to provide $6 million. However, more recent estimates from L'Equipe indicate that Mbappé's Nike contract is actually worth between $3 and $4 million, with the caveat that sponsorship contracts are frequently based on the performance of the player and the squad he is a part of. It is reported that his contract is comparable to that of teammate Marco Verratti.
Spends: Houses
"My biggest expense? A nice house, it’s important for my family,” asserts the Frenchman. Mbappé owns a duplex of 6,400 square feet in the most expensive district in Paris. The residence features 12 bedrooms, a basketball court, a library, a fitness center, and a Turkish bath. It also features a jacuzzi on the deck with a view of the Eiffel Tower. According to reports, the footballer pays over $40,000 a month for the residence where his family resides. He also reportedly has a $10 million property in Paris and a second family home in Monaco.
Earns: Investments
Mbappé made an investment in the player-owned fantasy game Sorare, which utilized non-fungible tokens (NFTs), in the month of June 2022. He is now an investor, social impact partner, and ambassador for Sorare after joining forces with the company. In addition to this, Mbappé has professional connections with well-known companies such as Hublot and EA Sports.
Spends: Private Jet
Mbappé reportedly charters the sophisticated corporate aircraft Challenger 350 for $7,000 per hour to travel the globe. The athlete initially demanded a private plane for 50 hours per year as part of his contract demands for PSG in 2018, but he did not receive it; let's assume he has enough cash to pay for his own flights. Mbappé's jet usage is closely monitored, as his excursions to Liverpool at the start of the 2022 season ignited intense transfer rumors.
Spends: Vacations
Kylian Mbappé is known for vacationing with teammates, including Karim Benzema in Greece for some R&R and Achraf Hakimi in Morocco for charitable work. Mbappé also travels to the United States every summer for business and leisure, as evidenced by his attendance at an LAFC match and the 2022 NBA draft.
Spends: Charities
After France won the 2018 World Cup, Mbappé is renowned for donating his entire $500,000 salary and bonuses to charity. The Frenchman has established his own nonprofit, "Inspired by KM," which assists the future 98 Parisian children. The striker published Je m’appelle Kylian in 2021 to encourage children to pursue their goals. The comic novel depicts Mbappé's transformation from a youngster to a sports icon. In addition to giving a "quite big" donation to the Abbe Pierre Foundation to assist in funding COVID-19 relief operations, he also raised funds to lead the search for the late Emiliano Sala.
Sources: Goal, Insider, Soccer Gator
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