Vinesh Phogat’s Net Worth: What You Need to Know

Vinesh Phogat, a prominent figure in Indian wrestling, has made significant strides in her career, both on and off the mat.

Known for her exceptional talent and determination, she has garnered attention not only for her athletic achievements but also for her financial success.

Vinesh Phogat’s Net Worth

As of 2024, Vinesh Phogat’s estimated net worth is approximately ₹36.5 crores (around $5 million). This wealth reflects her successful wrestling career, numerous endorsements, and other income streams.

Her net worth has been built through a combination of prize money from competitions, a salary from the Ministry of Youth Affairs and Sports, and lucrative endorsement deals with various brands.

Income Sources

1. Salary: Vinesh receives a monthly salary of ₹50,000 from the Ministry of Youth Affairs and Sports, totaling ₹6 lakhs annually. This government support is crucial for many athletes in India.
2. Endorsements: Vinesh has established herself as a brand ambassador for companies like Baseline Ventures and Cornerstone Sports. Her endorsement earnings are estimated to be between ₹50 lakhs to ₹1 crore annually, significantly contributing to her overall income.
3. Prize Money: While the exact figures can vary, athletes like Vinesh often receive substantial sums for their achievements in competitions. For instance, gold medalists at the Olympics can earn around ₹75 lakhs (approximately $100,000) from the Indian government, alongside other monetary rewards from various tournaments.

Lifestyle and Assets

Vinesh Phogat’s lifestyle reflects her success and dedication.

She owns a luxurious villa and possesses a Mercedes-Benz GLE, valued at around ₹1.8 crores.

Her commitment to fitness and training is evident in her rigorous daily routine, which includes strength training and technical drills to maintain her competitive edge.

Career Highlights

Vinesh Phogat’s journey in wrestling is marked by numerous accolades:

• Commonwealth Games: She has won three gold medals.
• Asian Games: Vinesh secured a gold medal in 2018.
• World Championships: She has also earned bronze medals, showcasing her prowess on international platforms.