Manu Bhaker, the Indian shooter who made history by winning two bronze medals at the Paris Olympics 2024, has seen a significant boost in her financial status due to her remarkable achievements. Here’s an overview of her net worth and income sources:
Net Worth
- Projected Net Worth (2024): Approximately ₹12 crore.
Major Income Sources
- Endorsements:
- Brands: Bhaker has endorsement deals with prominent brands such as Nothing India and Performax.
- Endorsement Value: Female athletes in India typically earn between ₹8 lakh and ₹30 lakh per endorsement. Bhaker’s brand value is estimated at around ₹1.5 crore.
- Shooting Career:
- Salaries and Prizes: Income from competitive shooting and related activities contribute significantly to her net worth.
Financial Support
- Initial Investment: Her father provided a significant initial investment of ₹1,50,000 to kickstart her shooting career.
- Olympic Gold Quest (OGQ): This nonprofit organization supported Bhaker in her quest for Olympic success.
- Sports Authority of India (SAI): Bhaker received ₹12,16,257 from the Target Olympic Podium Scheme (TOPS) for her Olympic preparations.
- Annual Calendar for Training and Competition (ACTC): Received ₹1,50,67,390 to support her training and competition needs.
Summary: Manu Bhaker’s financial success is attributed to her endorsements, support from various sports organizations, and her achievements in shooting. Her projected net worth of ₹12 crore reflects her prominent status in Indian sports and the financial rewards associated with her Olympic success.
