Maria Yuryevna Sharapova is a Russian professional tennis player, who owns 36 WTA and four ITF. Sharapova started to exhibit her talent at the age of 13 when she won the Eddie Herr International Junior Tennis Championship in the girls' 16 division. Maria Sharapova’s net worth of $275 million makes her the highest-paid female athlete in the world.
However, Sharapova's earnings have taken a downturn since that year as Nike sold Maria’s line of shoes, Cole Haan, in 2013. Under Nike, Sharapova received hefty royalties from her shoe line.
Source: The Times
Maria Sharapova also owns a candy company named as Sugarpova. Maria was so much into the name Sugarpova that she almost changed her surname to "Sugarpova".
Maria Sharapova's Career
Maria started to play the full season in her career from 2003. She was able to make a spot in the top 50 by the end of the year. She also got her first WTA title in the Japan Open Tennis Championship. The WTA awarded Sharapova as the Newcomer of the Year.
Sharapova got her place in the top 20 on the WTA world ranking in 2004. She defeated the player at the 10th with a straight-sets win over world No.10. Sharapova also captured the title at the Wimbledon warm-up DFS Classic for the third time. Sharapova won her first Grand Slam singles title by defeating the defending Serena champion Williams in 2004.
Sharapova and Serena Williams
Source: The Telegraph
Sharapova won the World No. 1 rank on August 22, 2005. She is the first Russian women to get that title. However, after one week, Davenport reclaimed the rank. Later in September, she again got the No. 1 rank which she held for six weeks.
Source: The Independent
Sharapova was suspended from her tennis career for two years in 2016 by the International Tennis Federation. The reason behind her suspension is that she failed a drug test. The Court mentioned that
she had committed "no significant fault" and that she had taken the substance "based on a doctor's recommendation [...] with good faith belief that it was appropriate and compliant with the relevant rules"
— ESPN (@espn) March 7, 2016
She was tested positive for meldonium, which was banned on January 1, 2016. Later, She returned back to the WTA Porsche Tennis Grand Prix tour on April 26, 2017
Sharapova's Net Worth, Salary
Talking about Sharapova's net worth, she earned over $258 million in her career. The things responsible for her high net worth is her sponsors and her team at IMG built as well. She was the Forbes world's highest-paid female athlete for 11 years in a row.
Sharapova in Forbes
Source: M.S. Blog
In 2014, Maria was ranked as the 34th richest sportsperson in the world according to Forbes. Her total earnings for that year were $24.4 million. This amount included her salary from winning matches, which stood at $2.4 million, and her income from endorsement deals, which stood at $22 million.
In the year 2015, Forbes magazine declared Maria Sharapova the 25th richest sports person in the world. Her earnings for 2015 amounted to $29 million, of which $6.7 million came as a salary while her income from endorsements was $23 million.
— Forbes Under 30 (@ForbesUnder30) July 28, 2016
Her career was on the edge after the doping test. She was suspended for two years. The Swiss watch company Tag Heuer, with whom Sharapova had an endorsement contract refused to renew the deal stating,
"In view of the current situation, the Swiss watch brand has suspended negotiations and has decided not to renew the contract with Ms. Sharapova.”
The automobile company Porsche also postponed its plans and deals with Sharapova. Sharapova's current deal with the Nike has also faced some issues. The deal Nike did with Sharapova in 2010 is worth over $70 million at present.
Sharapova Properties and Endorsements
Sharapova had endorsements deals with Nike and Prince as well. Sharapova's commercial endorsements have escalated since 2004 when she won Wimbledon. She was the star of the commercial market. She also endorsed for other renowned brands like Tag Heuer, Canon, Motorola, Colgate-Palmolive, Porsche and others.
Sharapova earned over $18 million in 12 months after her Wimbledon win. Later, she also got contracts from Land Rover, PepsiCo, and Sony.
Sharapova has also her own candy line which was launched in 2013 worldwide.
— Maria Sharapova (@MariaSharapova) December 17, 2017
She was backed up by the founder of international retailer IT'S SUGAR, Jeff Rubin. "Sugarpova" has its own slogan, that says
"Sugarpova is a premium candy line that reflects the fun, fashionable, sweet side of international tennis sensation Maria Sharapova."
Sharapova and Sugarpova
Source: Model Sports Fan
Sharapova also owns a charity foundation where she donates a certain portion of her earnings. At present Sugarpova is working with Polish company Baron Chocolatier.
Maria Sharapova: Real Estate Fraud
Maria Sharapova has also created much controversy after being investigated by the Indian police in a case involving a real estate company that used the tennis star to lure buyers to its luxury project that never saw the light of the day.
Real estate company Homestead Infrastructure has been accused of taking millions of dollars from interested buyers for the housing project named Ballet by Maria Sharapova. The tennis star even traveled to India in 2013 to inaugurate the project. However, it was never completed.
Maria Sharapova: House, Cars, Favorite Brands
Maria Sharapova owns a $2.6 million home in Longboat Key, Florida. Built in 2004, the 6,5153-square-feet home has 4 bedrooms, 6 bathrooms, and a three-car garage.
Sharapova has been seen on a number of occasions with Yves Saint Laurent bags. She was also seen in an Alexander Mcqueen suede, horn-heeled platform pump. While playing she loves wearing her own Nike Maria Sharapova Cross Court Statement Women’s Tennis Dress.
Maria Sharapova in her Porsche Spyder
Source: Auto Evolution
Maria Sharapova is said to be a big-time fan of Porsche cars. She owns a number of Porsche models, including multiple Porsche 911 Carrera, Porsche 918 Spyder and Porsche Boxter cars. Apart from that she also owns a Land Rover Range Rover.
Sharapova's Awards and Achievements
The 30 years old Sharapova currently resides in the United States. She moved to the U.S. in 1994 and lives in Manhattan Beach, California. Maria was the Russian Cup Newcomer of the year in 2003. She was also honored as the most improved player of the year by WTA in 2004.
Maria Sharapova receiving an Award
Sharapova is one of the best tennis players in the world as she has won at least one singles a year in her career from 2003 to 2015. Later her career took an unexpected turn after she was tested positive for a drug test. She was suspended for two years in 2016.
Maria Sharapova’s Charity Work, Foundation
Maria Sharapova has also been involved in a number of charity projects. In 2007, Sharapova became a UNDP Goodwill Ambassador and donated $100,000 to projects related to Chernobyl. She has also been part of or supported Global Fund, Great Ormond Street Hospital, Hero in Heels, Small Steps Project, Soles4Souls, Variety - The Children's Charity and Wish Upon A Hero Foundation, among others. Maria also runs her own charity organization that she has named the Maria Sharapova Foundation.