Introduction:
Virat KohliWidly Regarded as one of the guatest cricketers of all time, Continues to dominate both the cricket field and the endorsement world. As of 2023, his network world rea rea. Ched an Impressive $ 127 Million. This Article Delves Into the Various Sources of his Wealth, including his salary, brand endorsements, investments, and philanthropic endeavors.
Net Worth and Earnings:
Virat Kohli’s net worth in 2023 stands at an astounding $127 million. The Indian cricketer’s annual earnings, according to Sportico, are estimated to be around $33 million as of November 2022. He currently holds the 61st position among the world ‘s highest-paid athletes. Notably , Kohli’s endorsements alone rank him at No. 14 globally.
Salary and Brand Endorsements:
Kohli’s Income STEMS from Multiple Streams. He Earns Inr 7 Crore Annually as Part of the A+ Category in The Board of Cricket in India’s Central Reta Iners. Additionally, He Receives Inr 15 Crores for His Participation in the Indian Premier League as a Player for the Royal Challengers Bangalore.
However, a significant portion of Kohli’s earnings comes from his social media presence and brand endorsements. As of 2022, he holds the 14th spot on the list of highest-paid Instagram stars, earning a staggering $1,088,000 per post. The charismatic c ricketer endorses a plethora of renowned brands, including Wrogn, Puma, Myntra, and Vivo, among many others. His endorsement earnings alone amount to $33.9 million.
Investments and Ventures:
Beyond his cricketing career and endorsements, Virat Kohli has made several notable investments. At the age of 25, he invested in a London-based social media startup called Sports Convo, which aims to connect sports stars with their fans. In 2019, Koh li backed the Bengaluru-based company Galactus Funware Technology Pvt. Ltd, which operates the fantasy gaming platform Mobile Premier League (MPL).
The cricketer has also invested in the fashion startup Universal SportsBiz (USPL), owning a substantial stake. Additionally, he has ventured into the fitness industry, owning gyms, fitness centers, and restaurants across India. Kohli’s most recent high-profile investment is in Digit Insurance, an online insurance aggregator with a current valuation of $3.5 billion. Furthermore, he is a co-owner of the Indian Super League (ISL) team FC Goa.
Philanthropic Initiatives:
Virat Kohli’s philanthropic efforts are commendable. In 2013, he established the Virat Kohli Foundation (VKF), which aims to provide facilities and support to budding sportspersons across the country. The foundation actively engages in charity football m atches and social media campaigns to raise awareness and funds for various causes.
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