Moneycontrol PRO
Loans
Loans
HomeNewsIndiaWhat is Vinesh Phogat’s net worth, salary and assets?

What is Vinesh Phogat’s net worth, salary and assets?

According to reports, there are several streams of income for Phogat’s income. Her current net worth is reportedly Rs 36.5 crore.

October 09, 2024 / 12:28 IST
Vinesh Phogat won from Haryana’s Julana assembly constituency with over 6,000 votes.

Former Indian wrestler and Congress leader Vinesh Phogat won from Haryana’s Julana assembly constituency with over 6,000 votes. She was up against BJP leader Yogesh Kumar.

Vinesh’s wrestling career is studded with numerous accolades. Over the years, she has accumulated a notable net worth through her professional career and other ventures. As of 2024, her financial disclosures ahead of the Haryana Elections 2024 reveal significant assets and investments, contributing to her overall wealth.

Ahead of the Haryana Assembly polls, she declared her total assets to be worth over Rs three crore in her election affidavit.

Born on August 25, 1994, in Charkhi Dadri in Haryana, Phogat holds a Bachelor of Arts degree from Dakshina Bharat Hindi Prachar Sabha, Madras.

Net worth

With her total movable assets valued at Rs 1.1 crore, immovable assets at Rs 1.85 crore and liabilities of Rs 13.6, Vinesh Phogat's net worth is reportedly around Rs 2.81 crore.

According to Times of India, there are several streams of income for Phogat’s income. Her current net worth is reportedly Rs 36.5 crore.

Collection of cars

She he has three SUVs worth Rs 64 lakh – including a Volvo XC 60, Hyundai Creta and a Toyota Innova; she also has a TVS scooty worth Rs 40,000.

Assets

Phogat declared jewellery worth Rs 2.25 lakh. She has declared owning a house in village Kharkhoda worth Rs 2 crore at current market value. She also said she had cash in hand of Rs 1.95 lakh and nearly Rs 40 lakh as bank balance.

Various sources of income

Salary from the Ministry of Youth Affairs and Sports: Phogat received an annual salary of Rs 6 lakh (Rs 50,000 per month) from the Centre as a reward for her sporting achievements.

Endorsement Deals: Managed by Cornerstone Sports, her endorsement fees increased after Paris Olympics 2024, with brands willing to pay between Rs 75 lakh and Rs 1 crore per deal, according to Financial Express.

Advertising and public appearances: Besides wrestling, Phogat has been involved in numerous advertising campaigns, further enhancing her financial standing.

Moneycontrol News
first published: Oct 9, 2024 12:28 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347