Michael Schumacher Net Worth: Health Of Formula1 Driver Is Still On A Thin Line Of Recovery

Formula1 driver Michael Schumacher was caught in a ski accident that nearly took his life and ended his career. Three years after the accident, Michael Schumacher went through little to no progress when it comes to his recovery which left fans aching for more updates.

Michael Schumacher is part of Forbes' Highest Paid Athletes in 2013 but eventually went off the list over the years. Michael Schumacher got caught in an accident during a ski trip with his family as his head was slammed in a rock which left him in a coma and disabled up until this date.

The Celebrity Net Worth revealed that Michael Schumacher is worth $800 million, which placed him on the 4th rank following the WWE legend, Vince McMahon with $1 billion, NBA superstar Michael Jordan with $1.1 billion and Ion Tiriac with $2 billion.

Michael Schumacher may be part of the top 5 richest athletes but news emerged that there seems to be no progress in terms of his recovery. Michael Schumacher's wife remains hopeful that her husband will still recover.

Parent Herald previously reported that Gerd Krämer, who is close to the Formula1 driver, stated that Michael Schumacher is still in a grave situation. He then added that fans and the public won't be seeing the driver anytime soon.

"He is in a more than difficult situation, and it would take a miracle to see him in public again. He is completely shielded by his family," Gerd Krämer said.

Though people close to him already accepted his "difficult" situation, Luca Cordero di Montezemolo, Ferrari's previous boss stated that he is positively responding to treatment. Telegraph reported that Luca Cordero di Montezemolo once told Ecumenical News that Schumacher is positively responding to his treatment.

"I'm very pleased to know that he is reacting," Luca Cordero di Montezemolo said. "I know how strong he is. I'm sure that thanks to his determination, which will be crucial, he will come out from this very, very difficult situation."

Michael Schumacher's family wanted his condition and progress of the limelight as they wanted privacy, thus fans are getting little to no updates in terms of his recovery. It was previously reported that Michael Schumacher is able to walk again. The false report, however, ended in a lawsuit as his family sued the magazine with its false claims.