What is Diego Maradona's Net Worth in 2020?
Learn about the net worth and earnings of the football legend Diego Armando Maradona, who passed away recently, on November 25, 2020.
The whole footballing world is currently in grief, as it lost one of the greatest players ever that played the beautiful game. Diego Maradona was not just a football legend; he was an icon whose legacy will be passed down to all the generations that are to come. The football genius passed away after suffering a heart attack at his home in Buenos Aires, Argentina. He was 60 years of age.
Diego Maradona was widely praised for his outstanding dribbling skills, incredible ball control, accurate passing, and excellent vision of the game. He was an Argentine great, as he led his country to four World Cup finals and won one - the 1986 World Cup. He also succeeded in club football as he won many titles during his time with Barcelona and Napoli. While he did enjoy a lot of successes during his time as a footballer and a coach, how much wealth did he accumulate during his career? Let's find out.
How Much Net Worth Did Diego Maradona Hold in 2020?
According to Celebrity Net Worth, Diego Maradona held a net worth of $500,000 in 2020, up to the time of his death. During his career as a player and coach, he made tens of millions of dollars from salaries and endorsements. In the early 80s, he was one of the highest-paid athletes on the planet, earning several million per year from salaries and endorsements with companies like Hublot, Puma, and Coca-Cola. But later, in the 2000s and 2010s, he faced financial issues that reduced his net worth significantly.
Diego Maradona held a net worth of $500,000 in 2020.
Source: The New York Times
Diego Maradona began his professional footballing career at the age of 15 when he made a debut for the Argentine club Argentinos Juniors. Coming from a poor background, his playing career with the club helped him to provide for his family. He was an incredibly talented player and quickly gained national attention.
In 1981, Diego Maradona was purchased by the Boca Juniors, his favorite club as a child, for a $4 million fee. He spent only a year there before transferring to Barcelona in 1982 after an unsuccessful World Cup campaign. His transfer to Barcelona was done for a then-world record fee of £5 million ($7.6 million). He spent two seasons there and got transferred to Napoli for another record fee of £6.9 million ($10.5 million).
Diego Maradona's Earnings as a Coach and a Footballer
Diego Maradona, in his previous job as the head coach of Dorados, earned $150,000 (£118k) a month, as per Goal. This salary would total up to $1.6m (£1.25m) for the duration of the 11-month contract.
Diego Maradona coached the Argentina National Football team from 2008 to 2010.
Source: The Telegraph
According to International Business Times, Diego Maradona's deal with Napoli paid him a salary of $3 million, along with up to $10 million in endorsements. As per News.com.au, that combined $13 million would equal more than $26 million in today's money. During his coaching career in Mexico, Diego Maradona also coached the Argentina National Football team from 2008 to 2010, which also earned him a lucrative salary.
Diego Maradona Faced Several Financial Issues
Diego Maradona was involved in a tax dispute with Italian authorities, which stems from his days playing in Napoli. The unpaid taxes, with the accumulation of fines and fees for a period of over 30 years, had increased to a tremendous amount of money over the years. In 2009, Italian officials publicly announced that Maradona owed €37 million in unpaid taxes, which included €23 million in interest.
Maradona owed €37 million in unpaid taxes in Italy.
Source: The Economic Times
In 2009, Italian police seized a pair of earrings worth £3,600 from Maradona in a bid to recover unpaid taxes from his time at Napoli. Three years before this, the police took two Rolex watches worth €10,000. But the remaining amount of the debt still remains unpaid.
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