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
What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

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Price: From Dh250,000 (estimated)
On sale: Later this year
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

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Company name: baraka
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Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

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Fixtures
Sunday January 5 - Oman v UAE
Monday January 6 - UAE v Namibia
Wednesday January 8 - Oman v Namibia
Thursday January 9 - Oman v UAE
Saturday January 11 - UAE v Namibia
Sunday January 12 – Oman v Namibia

UAE squad
Ahmed Raza (captain), Rohan Mustafa, Mohammed Usman, CP Rizwan, Waheed Ahmed, Zawar Farid, Darius D’Silva, Karthik Meiyappan, Jonathan Figy, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Basil Hameed, Chirag Suri

PREMIER LEAGUE FIXTURES

Saturday (UAE kick-off times)

Watford v Leicester City (3.30pm)

Brighton v Arsenal (6pm)

West Ham v Wolves (8.30pm)

Bournemouth v Crystal Palace (10.45pm)

Sunday

Newcastle United v Sheffield United (5pm)

Aston Villa v Chelsea (7.15pm)

Everton v Liverpool (10pm)

Monday

Manchester City v Burnley (11pm)

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Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
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Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

About Karol Nawrocki

• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.

• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.

• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.

• Met Donald Trump at the White House and received his backing.

OPENING FIXTURES

Saturday September 12

Crystal Palace v Southampton

Fulham v Arsenal

Liverpool v Leeds United

Tottenham v Everton

West Brom v Leicester

West Ham  v Newcastle

Monday  September 14

Brighton v Chelsea

Sheffield United v Wolves

To be rescheduled

Burnley v Manchester United

Manchester City v Aston Villa

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Updated: August 29, 2023, 3:03 PM