A picture taken on March 31, 2022 shows the World Cup Trophy during the FIFA Congress in the Qatari capital Doha. - FIFA launched the 2022 World Cup ball for the finals in Qatar, promising it would travel faster in the air than any ball in the history of the competition. The ball made by Adidas is called Al Rihla, which means "the journey" in Arabic, and its design "is inspired by the culture, architecture, iconic boats and flag of Qatar", FIFA said in a statement. (Photo by FRANCK FIFE / AFP)
A picture taken on March 31, 2022 shows the World Cup Trophy during the FIFA Congress in the Qatari capital Doha. - FIFA launched the 2022 World Cup ball for the finals in Qatar, promising it would travel faster in the air than any ball in the history of the competition. The ball made by Adidas is called Al Rihla, which means "the journey" in Arabic, and its design "is inspired by the culture, architecture, iconic boats and flag of Qatar", FIFA said in a statement. (Photo by FRANCK FIFE / AFP)
A picture taken on March 31, 2022 shows the World Cup Trophy during the FIFA Congress in the Qatari capital Doha. - FIFA launched the 2022 World Cup ball for the finals in Qatar, promising it would travel faster in the air than any ball in the history of the competition. The ball made by Adidas is called Al Rihla, which means "the journey" in Arabic, and its design "is inspired by the culture, architecture, iconic boats and flag of Qatar", FIFA said in a statement. (Photo by FRANCK FIFE / AFP)
A picture taken on March 31, 2022 shows the World Cup Trophy during the FIFA Congress in the Qatari capital Doha. - FIFA launched the 2022 World Cup ball for the finals in Qatar, promising it would tr

How much is the Fifa World Cup trophy worth and who was Jules Rimet?


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The Fifa World Cup has a rich history that is as riveting as the many contests it has witnessed. Amid all the bravery, heartbreak and jubilation, the World Cup trophy itself has a fascinating story to tell.

The most iconic trophy in all sport that is instantly recognised all across the globe has lived a tumultuous existence. In fact, the trophy itself is not even 50 years old, even though the World Cup was first played in 1930.

To know more about the trophy, we need to go all the back to the inaugural World Cup in Uruguay.

Jules Rimet Trophy (1930-1970)

The first football World Cup was held in Uruguay in 1930 and was made possible due to the efforts of Jules Rimet.

Rimet was the third president of Fifa and was instrumental in making the dream of a World Cup a reality. The trophy was created by French sculptor Abel Lafleur, 35cm in height and weighing 3.8kg. It was constructed with gold-plated sterling silver.

The trophy design featured a gold statuette of Nike - the Greek goddess of victory. Originally, the trophy was simply called 'Victory', and more popularly as the World Cup or Coupe du Monde.

In 1946, it was renamed the Jules Rimet Trophy in honour of the president. That the trophy survived was a miracle in itself. During World War II, the trophy was held by 1938 champions Italy. Italian vice-president of Fifa, Ottorino Barassi, took it upon himself to ensure the safety of the trophy, secretly removing it from the vault of a bank in Rome and hiding it in a shoebox under his bed during the entirety of the war.

A replica of the Jules Rimet trophy. Getty
A replica of the Jules Rimet trophy. Getty

Trophy stolen

Just four months before the 1966 World Cup in England, the trophy was stolen while on exhibition at the Methodist Central Hall in Westminster. Law enforcement agencies, including Scotland Yard, tried their best to recover the item but to no avail. One week after the theft, the trophy was randomly found wrapped in newspaper lying next to a parked car by a dog named Pickles who was out on a walk with his owner.

Pickles became a national hero, received a medal and reward for the discovery. Thanks to the heroic canine, England captain Bobby Moore got to lift the original Jules Rimet Trophy at Wembley Stadium after defeating West Germany in the final.

Trophy stolen again

Brazil won the World Cup for the third time in 1970 and were awarded the Jules Rimet Trophy permanently, as was the rule at the time. However, the original trophy was stolen for a second time in 1983 from the Brazilian Football Confederation headquarters in Rio de Janeiro and was never recovered.

A dog named Pickles became a celebrity in England after he found the Jules Rimet trophy one week after it had been stolen and then thrown away ahead of the 1966 World Cup. Getty
A dog named Pickles became a celebrity in England after he found the Jules Rimet trophy one week after it had been stolen and then thrown away ahead of the 1966 World Cup. Getty

Fifa World Cup Trophy (1974 - present)

After Brazil won the trophy permanently, a replacement was commissioned for the 1974 World Cup. Italian artist Silvio Gazzaniga's submission was accepted. The trophy design sees human figures spiral up towards a golden replica of the world. The trophy is hollow on the inside.

Following the debacle involving the Jules Rimet Trophy, it was decided that the original Fifa World Cup trophy can't be won outright anymore.

It remains in Fifa's possession at its Zurich headquarters and is taken out only for trophy tours, World Cup main draws and the final presentation. Winners of each World Cup are handed a gold-plated bronze replica, known as the World Cup Winners’ Trophy. They get to keep the replica.

How much does the World Cup trophy weigh?

The Fifa World Cup trophy is 6.175kg of 18 carat gold. It stands 36.5cm tall and has a circular base that is 13cm in diameter.

How much is it worth?

The value of the gold in the World Cup trophy itself is worth $250,000, according to current gold rates. Four years back, the original Fifa World Cup trophy was said to be worth $20 million according to some estimates, making it easily the most valuable trophy in sport.

Given the exponential growth in the sports memorabilia market after the pandemic, that value would have easily gone up by many multiples. The famous jersey worn by Argentine Diego Maradona when he scored the 'Hand of God' goal against England at the 1986 World Cup was sold for $7.1m in auction earlier this year.

  • A Sotheby's art handler poses with the shirt worn by the late Argentinian great Diego Maradona during the 1986 World Cup, ahead of it being auctioned by Sotheby's in London on Wednesday, April 20, 2022. Reuters
    A Sotheby's art handler poses with the shirt worn by the late Argentinian great Diego Maradona during the 1986 World Cup, ahead of it being auctioned by Sotheby's in London on Wednesday, April 20, 2022. Reuters
  • The Argentina football shirt worn by Diego Maradona during the 1986 Mexico World Cup quarter-final against England is displayed at Sotheby's auction house on April 20, 2022. AP
    The Argentina football shirt worn by Diego Maradona during the 1986 Mexico World Cup quarter-final against England is displayed at Sotheby's auction house on April 20, 2022. AP
  • The Argentina shirt worn by Diego Maradona in the 1986 Mexico World Cup quarter-final against England is displayed at Sotheby's auction house and is estimated to fetch £4 million. AP
    The Argentina shirt worn by Diego Maradona in the 1986 Mexico World Cup quarter-final against England is displayed at Sotheby's auction house and is estimated to fetch £4 million. AP
  • The Argentina shirt worn by Diego Maradona in the 1986 Mexico World Cup quarter-final against and England - in which he scored the "Hand of God" goal - is displayed at Sotheby's auction house in London. AP
    The Argentina shirt worn by Diego Maradona in the 1986 Mexico World Cup quarter-final against and England - in which he scored the "Hand of God" goal - is displayed at Sotheby's auction house in London. AP
  • Diego Maradona’s historic 1986 World Cup shirt opens to the public at Sotheby's in London. The shirt was worn during the ‘Hand of God’ and ‘Goal of the Century’ goals. Getty
    Diego Maradona’s historic 1986 World Cup shirt opens to the public at Sotheby's in London. The shirt was worn during the ‘Hand of God’ and ‘Goal of the Century’ goals. Getty
  • Diego Maradona’s 1986 World match shirt at Sotheby's in London. The online auction opened on Wednesday and is expected to fetch £4 million. Getty
    Diego Maradona’s 1986 World match shirt at Sotheby's in London. The online auction opened on Wednesday and is expected to fetch £4 million. Getty
  • Diego Maradona’s 1986 World Cup shirt is displayed at Sotheby's as it goes up for auction. Getty
    Diego Maradona’s 1986 World Cup shirt is displayed at Sotheby's as it goes up for auction. Getty
  • There was some controversy over the authenticity of the Diego Maradona 1986 World Cup match shirt that is up for auction at Sotheby's in London. Getty
    There was some controversy over the authenticity of the Diego Maradona 1986 World Cup match shirt that is up for auction at Sotheby's in London. Getty
  • Diego Maradona's 1986 World Cup 'Hand of God' shirt on display at Sotheby's in London. PA
    Diego Maradona's 1986 World Cup 'Hand of God' shirt on display at Sotheby's in London. PA
  • Diego Maradona's 1986 World Cup 'Hand of God' shirt on display at Sotheby's in London. PA
    Diego Maradona's 1986 World Cup 'Hand of God' shirt on display at Sotheby's in London. PA
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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

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COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

Updated: August 29, 2023, 3:03 PM