Michael Schumacher Latest Health Update: Is the Legendary Formula 1 Driver Going Broke?

The German legendary Formula 1 driver Michael Schumacher is struggling on having a normal life following a horrifying skiing accident back in 2013. However, there are no credible updates being made public since his family wishes complete privacy.

 According to Morning News USA, the only logical assumption that any fan or critic could think of is that the medical bills of the legendary Formula 1 driver Michael Schumacher are swiftly rising up as fast as he used to drive. As this crisis continues its circle, Michael Schumacher's wife Corinna will have to keep on holding on. The financial issue angle raked up the following story that she sold their private jet, their resort, and auctioned off one of Michael Shumacher's favorite sports cars early this year.

 It probably clears things up when the summit of financial provision to ensure that Michael Schumacher's medical continuance is truly secure is explained. Breath cast news mentioned that Michael Schumacher spends over $150,000 every week for his rehab. And he has already spent more than $15 million so far since his Dec. 29, 2013 skiing accident.

According to Yibada, Michael Schumacher continues an immobility condition that has led to his restriction to a wheelchair. It appears that when he was still in a coma, he suffered a huge weight loss that worsened his condition.

During his peak as a Formula 1 driver, Michael Schumacher was ranked as one of the wealthiest athletes with a net worth of over $800 million as recorded in Celebrity Net Worth. Under normal situations, that net worth would be more than enough to last him a lifetime.

Unfortunately, a large chunk of that fortune has all been consumed by his medical needs. Michael Schumacher continues to be housed at his Lake Geneva mansion and is under the care of medical personnel. The payment alone for the intensive care is expected to be more than staggering compared to normal medical expenses, excluding medicines and payment for machines to keep track of Schumacher's state of health.

© 2024 ParentHerald.com All rights reserved. Do not reproduce without permission.

Join the Discussion
Real Time Analytics