The 56-year-old German former racing driver Michael Schumacher, who competed in Formula One from 1991 to 2006 and from 2010 to 2012, is often hailed as one of the most successful and prominent professional racers on a global level. Throughout his glorious racing career, the German racing sensation Michael clinched a total of seven Formula One World Drivers’ Championship titles, speaking volumes about his unwavering dominance in the world of professional racing. Despite having an unmatched racing career, Michael’s journey was cut short after he suffered a traumatic brain injury in a skiing accident in December 2013 and was placed in an induced coma for six months.
In this article, we will take a look at Michael’s net worth, lifestyle, achievements, family, and much more.
Michael Schumacher’s Profile, Net Worth, F1 World Championship Career Records, Lifestyle, Cars Collection, Lesser-Known Facts And Much More
Michael Schumacher Biography
Real Name: Michael Schumacher
Nickname: The Red Baron
Profession: Racing Driver
Nationality: German
Gender: Male
Michael Schumacher Physical Status
Height: 1.71m
Weight: 68 Kg
Body Measurements: Not Available
Build: Athletic
Eye color: Hazel
Hair color: Light Brown
Michael Schumacher Personal Life
Date of Birth: 3 January 1969
Place of Birth: Hürth, North Rhine-Westphalia, West Germany
School: Not Available
College: Did Not Attend
Highest Educational Qualifications: Not Available
Zodiac Sign: Capricorn
Sexual Orientation: Straight
Hobbies: Travelling
Michael Schumacher Family Life
Mother’s Name: Elisabeth Schumacher
Father’s Name: Rolf Schumacher
Sibling’s Name: Ralf Schumacher
Marital Status: Married
Spouse’s Name: Corinna Schumacher
Children’s Name: Gina-Maria Schumacher, Mick Schumacher
Michael Schumacher F1 World Championship Career Records
An anecdote of Michael’s F1 World Championship career records is provided below:
Formula One World Championship career | |
Nationality | German |
Active years | 1991–2006, 2010–2012 |
Teams | Jordan, Benetton, Ferrari, Mercedes |
Entries | 308 (306 starts) |
Championships | 7 (1994, 1995, 2000, 2001, 2002, 2003, 2004) |
Wins | 91 |
Podiums | 155 |
Career points | 1566 |
Pole positions | 68 |
Fastest laps | 77 |
First entry | 1991 Belgian Grand Prix |
First win | 1992 Belgian Grand Prix |
Last win | 2006 Chinese Grand Prix |
Last entry | 2012 Brazilian Grand Prix |
Michael Schumacher Net Worth
According to the reports and statistics, German former professional racing driver and F1 sensation Michael has an enormous net worth of $500 million as of July 2025.
Michael Schumacher Car Collection
Owing to his enormous net worth of $500 million, Michael owns a luxurious collection of cars. A detailed anecdote of his swanky car-collection as of July 2025 is provided below:
Model | Approx. Price (USD) |
Ferrari Enzo | $2.4 M |
Ferrari FXX | $2.6–2.8 M |
Ferrari 599 GTB | $310–403 K |
Ferrari F430 Scuderia | $280 K |
Ferrari California | $180–414 K |
Mercedes‑Benz SLS AMG | $209–220 K |
Bugatti Veyron | $1.9 M |
Ford GT | $1.7 M |
Fiat 500 Abarth | $20 K |
Fiat 500 (original 1957) | $15 K |
Fiat Croma (2007) | $4 K |
Michael Schumacher’s Major Achievements
- Michael holds the record for most F1 race wins for over a decade.
- Throughout his professional racing career, Michael clinched the Formula 1 World Championship seven times including twice in the years 1994, 1995 for Benetton and consecutively five times from 2000 to 2004 with Ferrari.
- Additionally, Michael undoubtedly dominated F1 with Ferrari from 2000 to 2004, winning five straight championships.
- Moreover, Michael held the prestigious record for most fastest laps (77) for years, and achieved 68 pole positions during his career.
Here Are Some Lesser Known Facts About Michael Schumacher That You Probably Don’t Know About
- Michael received his karting license from Luxembourg because the minimum age in Germany was 14.
- In the initial days of his racing career, Michael worked as a car mechanic.
- Despite being one of the brightest students, Michael chose motorsport over university.
- Michael donated millions to charity, including support for education and disaster relief and was also appointed a UNESCO Champion for Sport in 2002.