Known for his incredible feats in the wrestling ring, Indian wrestler Vinesh Phogat not only made his mark in the sports world, but also amassed a huge amount of wealth throughout his career. From humble beginnings to fame, Vinesh’s journey embodies perseverance, strength, and ambition. This article explores her career achievements, net worth, expensive possessions, and sources of income, giving you a detailed look at her amazing life.
Early life and wrestling legacy
Born on August 25, 1994 in Charkhi Dadri, Haryana, Vinesh Phogat comes from a family with wrestling roots. Her father, Rajpal Phogat, and cousins Geeta Phogat and Babita Phogat were all accomplished wrestlers, the latter two immortalized in the Bollywood hit Dangal. Vinesh followed in their footsteps and became one of India’s most famous female wrestlers. Despite facing several challenges, including injuries, she persevered and became a national and international champion in her own right.
career achievements
Vinesh’s wrestling career is littered with numerous accolades. She has represented India in various prestigious tournaments around the world and has won several medals in international competitions.
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Commonwealth Games: Vinesh has won multiple gold medals at the Commonwealth Games. She won gold medals at the 2014, 2018 and 2022 competitions. Asian Games: Vinesh’s talent was further proved at the Asian Games where he won gold medal in 2018 and bronze medal in 2014. World Championships: She also won bronze medals at the 2019 and 2022 World Wrestling Championships, and her list of accomplishments continues to grow. Asian Championships: Vinesh has consistently performed at the Asian Championships and has brought home multiple medals throughout his career.
Her wrestling career reached its peak when she qualified for the Olympics. However, she was unexpectedly disqualified from the women’s 50kg wrestling final at the 2024 Paris Olympics. Although this setback was significant, it did not diminish her status as one of India’s top athletes.
Transition to politics
In a bold move, Vinesh Phogat moved from the world of sports to politics after completing his stint at the Paris Olympics. She has joined the Indian National Congress (INC) and has filed her candidature for the Julana Assembly seat in Haryana. Her decision to leave wrestling and take on a new role as a politician shows her versatility and desire to contribute to society beyond the world of sports.
source of income
Vinesh Phogat’s wealth comes from several avenues including wrestling, endorsements, and government compensation. Here is a breakdown of her main sources of income:
Salary from Ministry of Youth Affairs and Sports: Mr. Vinesh received Rs 600,000 per year (Rs 50,000 per month) from the Government of India as compensation for his achievements in sports. Endorsement deals: Her rise to fame brought about endorsement deals that greatly increased her income. Managed by Cornerstone Sports, Vinesh’s sponsorship fees will go up after the 2024 Paris Games, with brands willing to pay between Rs 7.5 million and Rs 1 billion per deal. Government Compensation: As a highly decorated athlete, she receives financial compensation from the Indian government for her performance in international competitions. Advertisements and Public Appearances: Apart from wrestling, Vinesh also participated in numerous advertising campaigns which further strengthened his financial position.
Net worth and financial growth
Before the 2024 Paris Olympics, Vinesh Phogat’s net worth was reported to be Rs 5,000 crore. But after that, her fortune skyrocketed. According to reports in Times Now and Asianet News, her current net worth is estimated at Rs 36.5 billion. This huge jump in wealth is due to her growing endorsement deals and income from wrestling and politics.
Expensive possessions and luxurious lifestyle
As his wealth increased, Vinesh Phogat invested in several expensive assets that marked his success.
1. Cars Collection:
Mercedes GLE: Vinesh owns a luxurious Mercedes GLE worth Rs 18 crore. Toyota Fortuner: This rugged SUV is known for its power and elegance and is priced at around Rs 35 million. Toyota Innova: Another luxury car in her collection, worth Rs 28 million. Volvo XC60, Hyundai Creta, TVS Scooty: Her car collection also includes these vehicles, which are collectively worth Rs 64 million.
2. Real estate:
Vinesh owns a self-acquired house worth Rs 200 crore in Harkhoda, Haryana. This house, where she lives with her family, is typical of her financial achievements.
3. Jewelry:
Vinesh has declared that she owns jewelery worth Rs 2.25 lakh, which further reflects her lavish lifestyle.
private life and family
Vinesh Phogat’s personal life is as exciting as her professional journey. She married fellow wrestler and two-time national champion Somvir Lachy in December 2018. The two share a common passion for wrestling, making them one of India’s prominent sports couples.
