Michael Schumacher, the German racing legend, still holds the record for most championships (tied with Lewis Hamilton). At the time of his retirement in 2012, Schumacher held the record for wins, podiums, and pole positions. His time with Ferrari was the most successful, which made him a world-renowned star.

His unparalleled driving prowess got the german incredible wealth. And the extraordinary wealth also translated to a lavish lifestyle and multiple possessions across the world. However, ever since his unfortunate skiing accident in 2013, his wife Corinna is managing his assets. And Corinna Schumacher recently liquidated one of Michael’s prized possessions.

In 2019, the wife of the German world champion sold their private jet for a massive $29 million. Dassault Falcon 2000LX Private Jet is a beautiful silver jet with a capacity of eight passengers. This particular Dassault Falcon 2000LX is unique because the jet has Michael Schumacher’s sign on the tail.

Corinna Schumacher sold his favorite jet while he recovers from his brain injury in Switzerland. A report even stated, “It became clear that the old Schumi perhaps never would return. Therefore, Corinna had to accept her new life and had to act.”

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The German absolutely loved his jet as he was reported to have flown 300-400 hours in it during an F1 season. Apart from the Jet, Corinna sold a holiday home in Norway as well.

Michael Schumacher made a will to safeguard his family

Forbes magazine cited the seven-time world champion as the highest paid athlete in the world in 1999 and 2000. Schumacher amassed a massive fortune somewhere between 600-900 million during his career. Schumacher, after retiring in 2010, made a will declaring all his assets to his wife and kids.

In an eerie, he said, “Yes, I made a will because I am a family member. But it has less to do with F1, but more to the fact that anything can happen in everyday life,”

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The unfortunate accident caused the German brain damage. Since then, Schumacher has not made any public appearances. However, the F1 fraternity hopes for his recovery.