It's been a rough year for the athlete, but at least he has his millions of dollars to ease the pain. 29-year-old Teddy Riner has taken the No. 1 spot on People With Money’s top 10 highest-paid athletes for 2018 with an estimated $82 million in combined earnings.
UPDATE 17/08/2018 : This story seems to be false. (read more)
Teddy Riner tops annual list of highest-paid athletes
In 2016 it looked like the athlete’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (August 16) that Riner is the highest-paid athlete in the world, pulling in an astonishing $82 million between July 2017 and July 2018, a nearly $50 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The French athlete has an estimated net worth of $245 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Riner Burger” chain) in Paris, a Football Team (the “Abymes Angels”), has launched his own brand of Vodka (Pure Wonderiner - France), and is tackling the juniors market with a top-selling perfume (With Love from Teddy) and a fashion line called “Teddy Riner Seduction”.
The ranking is significant for many Teddy fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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