Celebrity Net Worth: Rafael Nadal aces his way to $500m in earnings
In our fortnightly celebrity investment and wealth round-up, Madhuri Dixit Nene invests in an Indian fashion retailer and Mila Kunis joins a funding round in a green hydrogen start-up
With a championship cheque worth €2.2m ($2.4m) at the French Open, the Spaniard’s on-court earnings stand at $130.7m. That puts him in second place, behind top on-court earner Novak Djokovic ($156.5m) and slightly ahead of Roger Federer ($130.6m).
At the age of 36, Nadal is currently serving his way to further on-court earnings of £2m ($2.4m) at Wimbledon. Should he win on the storied grass courts, he will be one title away from becoming the first player in more than 50 years to have a calendar Grand Slam — holding all four major championship titles at once — since Rod Laver in 1969.
Nadal’s overall’s net worth is estimated at $220m at present, according to calculations by wealth tracking website Celebrity Net Worth.
But the tennis champion has banked more than double his on-court earnings in income from endorsements and appearance fees. He currently has eight major sponsors, including Nike, Kia and Babolat rackets, according to Forbes. Other endorsements have included Lanvin colognes and underwear for Tommy Hilfiger and Emporio Armani.
In a typical year, Nadal earns an annual pre-tax salary of $40m, including tournament winnings, appearance fees and endorsements, according to Celebrity Net Worth.
Nadal has 44.6 million followers across Facebook, Instagram and Twitter — the highest in tennis — ahead of Federer (40.1 million), Serena Williams (32.9 million) and Djokovic (29.8 million).
While an impressive comeback in his 20th season on the tour, despite a chronically injured foot, is an inspiring story in itself, Nadal trails Federer on the endorsements scoreboard.
The Swiss technical specialist leads the earnings scoreboard with total on and off-court earnings of $1.09 billion across his career. Djokovic stands at roughly $470m, according to Forbes estimates.
Nadal is also associated with several tennis academies around the world, in countries such as Greece, Kuwait, Mexico and his native Spain.
He is one of several owners of a 19th-century building in Madrid and an investor in the nightlife restaurant Tatel, according to news website Essentially Sports.
Overall, Nadal has a relatively lean residential property portfolio. Unlike Dubai regular Federer, the Spaniard is thought to own only two homes, one in Mallorca, Spain, and the other in the Dominican Republic.
Madhuri Dixit Nene has joined a $10 million series B funding round for Indian fashion retailer Purple Style Labs. AFP
Madhuri Dixit Nene
The 1990s Bollywood star Madhuri Dixit Nene has joined a $10m series B funding round for Indian fashion retailer Purple Style Labs.
The company will use the funds for global expansion, including setting up in Dubai and New York, start-up magazine Inc42 reported.
Purple Style Labs retails more than 800 brands through omnichannel, e-commerce brand Pernia’s Pop-Up Shop, including fashion labels from designers such as Rohit Bal, Tarun Tahiliani, Anita Dongre and Wendell Rodricks.
The start-up currently generates more than 75 per cent of its online sales from international markets. Its gross revenue for 2022 to 2023 is expected to be 7.5 billion Indian rupees ($95m), Inc42 reported.
However, the size of Dixit Nene’s investment is not known.
The actor has a net worth of $35m, according to Celebrity Net Worth. Her assets have accrued from her acting work in Hindi cinema and live performances. She was most recently seen in the Netflix series The Fame Game.
The actor has also endorsed several brands over the course of her career, including Maggi noodles and Aquaguard water purifiers.
Celebrity Net Worth estimates Mila Kunis’ net worth at $75 million. Her fortune stems principally from her career as an actor. EPA
Founded by chemist Lilac Amirov, the company uses solar energy to split water for the purpose of green hydrogen generation. Hydrogen is one of several renewable fuels being considered as a low-emissions alternative to hydrocarbons.
The couple participated in the funding round through their Ashton Kutcher and Mila Kunis Investment Fund but their outlay was not made public. They joined Kutcher’s longtime partner, talent agent Guy Oseary, and other investors in the $3m angel round.
Kunis, 38, also joined fellow actors Cameron Diaz and Gabrielle Union to invest an undisclosed amount in designer Autumn Adeigbo’s eponymous fashion brand last month, taking the label’s total funding to about $4.2m. The designer is expected to use the funds to expand her line of clothing and accessories.
“I have been a fan of Mila for so long,” the New York-born designer said, as quoted by The Hollywood Reporter.
“Words don’t describe how much I look up to her. She is such a pillar of cultural excellence, activism and entrepreneurship, let alone the impact she has made in Hollywood. I couldn’t be happier that Mila found my company in alignment with her fashion and entrepreneurial passions.”
In response, Kunis said: “I saw the fire in her eyes as the determination I recognise in successful entrepreneurs that tells me they won’t give up on the difficult start-up path. Combined with Autumn’s talent and the early market response to the brand’s product, investing was a no-brainer for me.”
Kunis has an estimated net worth at $75m, according to Celebrity Net Worth. Her fortune stems principally from her career as an actor, which began at the age of nine.
She is the voice of Meg on the long-running show The Family Guy, where she earns a reported $100,000 an episode — or $2m per year — with additional income from royalties and the sale of merchandise, according to Celebrity Net Worth.
She has also starred in several movies, including the hits Black Swan, Friends With Benefits, Ted and Disney's Oz the Great and Powerful.
In 2014, Kunis became one of several partners in production company Orchard Farm Productions. She has production and acting credits for the coming Netflix film adaptation of Luckiest Girl Alive, which is based on the 2015 Jessica Knoll novel of the same name.
Her endorsement work includes brands such as Christian Dior, Gap and Tresemme.
On her own and with Kutcher, she has invested in at least four homes in California.
The Ukrainian-born actor moved to Los Angeles with her family at the age of seven, with $250 to their name, she told Glamour magazine.
Over the years, Kutcher has built a formidable reputation as a venture capitalist. Crunchbase estimates that he has made at least 68 investments — including in companies such as Spotify, Shazam, SoundCloud, Uber and Airbnb — through his companies A-Grade Investments and Sound Ventures.
Aside from QD-SOL, he has invested in several other Israeli start-ups, including cultured meat company Mitech and mobility service Moovit.
Kylian Mbappe, 23, has a net worth estimated at $150 million, according to Celebrity Net Worth. AFP
Kylian Mbappe
French football star Kylian Mbappe has joined player-owned fantasy sports game Sorare as an investor and player ambassador, the company said last week.
The game combines non-fungible tokens (NFTs) with fantasy sports. Since its launch in 2018, it now claims two million users around the world and has entered into partnerships with 250 sports organisations, including the Bundesliga, LaLiga and Major League Baseball.
Under the agreement, Sorare will support Mbappe's philanthropic venture Inspired By KM (IBKM), which aims to help disadvantaged young people benefit from opportunities presented by Web3 technology.
“Off the pitch, the most important thing for me is helping empower young people, who might not have access to the type of opportunities others have, to realise and fulfil their dreams and potential,” Mbappe said.
“And with new technologies presenting such profound opportunities, I wanted to partner with an ambitious, global tech brand that would resonate with the young people whose dreams we are supporting.
“Sorare was the perfect fit, and I was beyond inspired by Nicolas and the team’s enthusiasm for football, fans and building a better, more inclusive world. I can’t wait to get started and make a global impact with them as their first-ever player ambassador.”
Off the pitch, the most important thing for me is helping empower young people to realise and fulfill their dreams and potential
Kylian Mbappe, football player
The Fifa World Cup winner joins other athletes who are already investors and advisers to the company, including Serena Williams, Gerard Pique and Rio Ferdinand.
Mbappe, 23, has an estimated net worth of $150m, according to Celebrity Net Worth. In May, he extended his contract with Paris Saint Germain.
The three-year deal reportedly includes a signing bonus of €150m, according to Sports Illustrated subsidiary Fan Nation. His monthly take-home pay has been widely reported as €4.7m. The deal makes him the highest earner in the game.
Dr Amal Khalid Alias revealed a recent case of a woman with daughters, who specifically wanted a boy.
A semen analysis of the father showed abnormal sperm so the couple required IVF.
Out of 21 eggs collected, six were unused leaving 15 suitable for IVF.
A specific procedure was used, called intracytoplasmic sperm injection where a single sperm cell is inserted into the egg.
On day three of the process, 14 embryos were biopsied for gender selection.
The next day, a pre-implantation genetic report revealed four normal male embryos, three female and seven abnormal samples.
Day five of the treatment saw two male embryos transferred to the patient.
The woman recorded a positive pregnancy test two weeks later.
Etihad and Emirates fly direct to Kolkata from Dh1,504 and Dh1,450 return including taxes, respectively. The flight takes four hours 30 minutes outbound and 5 hours 30 minute returning.
The trains
Numerous trains link Kolkata and Murshidabad but the daily early morning Hazarduari Express (3’ 52”) is the fastest and most convenient; this service also stops in Plassey. The return train departs Murshidabad late afternoon. Though just about feasible as a day trip, staying overnight is recommended.
The hotels
Mursidabad’s hotels are less than modest but Berhampore, 11km south, offers more accommodation and facilities (and the Hazarduari Express also pauses here). Try Hotel The Fame, with an array of rooms from doubles at Rs1,596/Dh90 to a ‘grand presidential suite’ at Rs7,854/Dh443.
STAGE 4 RESULTS
1 Sam Bennett (IRL) Deceuninck-QuickStep - 4:51:51
2 David Dekker (NED) Team Jumbo-Visma
3 Caleb Ewan (AUS) Lotto Soudal
4 Elia Viviani (ITA) Cofidis
5 Matteo Moschetti (ITA) Trek-Segafredo
General Classification
1 Tadej Pogacar (SLO) UAE Team Emirates - 12:50:21
2 Adam Yates (GBR) Teamn Ineos Grenadiers - 0:00:43
The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning.
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval.
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
Have enough cash to stay afloat for the next 12 to 18 months
Be creative and innovative to reduce expenses
Be prepared to use Covid-19 as an opportunity for your business
* Tips from Jassim Al Marzooqi and Walid Hanna
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
Know before you go
Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
If you’re driving, make sure your insurance covers Oman.
By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.
Dubai World Cup factbox
Most wins by a trainer: Godolphin’s Saeed bin Suroor(9)
