David Beckham net worth, salary, and his sources of wealth in 2020 analysed.
|Net Worth:||$450 Million|
|Career Earnings:||$730 Million|
|Date of Birth:||May 2, 1975|
|Age:||48 years old|
|Source of Wealth:||Football (Soccer) Player, Model, Businessperson|
David Beckham is a retired English professional footballer who currently owns Major League Soccer club, Inter Miami CF, and English club, Salford FC. Away from the pitch, Beckham who aside owning Inter Miami CF doubles as the club president is best known for the time he spent playing professional football. During those years which span about 20 years, Beckham achieved several feats, notably emerging as the first footballer to claim domestic league glory in England, Spain, the US, and France.
Beckham’s ingenious football antics made him a very influential personality that spread across football into entertainment, not just in Britain, but also in the United States of America. His 20 years old union with Victoria Adams, the face of the defunct music group, Spice Girl, gave Beckham a new avenue to extend his influence. Beckham has leveraged greatly on this and has thus created a very successful brand not just in football but in entertainment.
With an emphasis on David Beckham net worth in 2020, we summarise the wealth his career has availed him. Other highlights include his early life, career summary/highlights, career earnings, luxury lifestyle, and lessons to learn from Beckham’s wealth and rise to fame.
The only son of David Alan Beckham and Sarah Georgina West. His parents had a modest background. His father worked as a kitchen filler while his mother was a hairdresser. The Beckhams were a regular British family, but their passion for football runs deep into their blood. Their football love centred around the English Premier League club, Manchester United. His parents travelled frequently to Old Trafford to watch the Red Devils play. Young and surrounded by this sort of avid interest in football, he came to love the sport greatly, and as young as the age of four, he had begun playing football.
Beckham began horning his football skills not with a ball but with socks rolled and attached to form a ball. This was made for him by his father. Soon, Beckham began training for hours at Ridgeway Park. When he attended primary and high school, Beckham couldn’t be swayed to consider another career choice aside for football. As he approached his teenage years, Beckham began to football clubs such as Ridgeway Rovers and Brimsdown Rovers, before he went on to sign with Manchester United.
Beckham signed with Manchester United in July 1991, as a youth player. Between 1991 and 1994, he remained a youth player. For the 1995 season, Beckham was sent on loan to Preston North End. His loan to the club was to help him gain experience in playing for a club’s first team. He performed well while at Preston North End and in April 1995, he made his first-team debut in Manchester United. His debut season was awesome as he claimed a domestic double with United. Beckham solidified his first-team position in two years as he went on to score amazing goals and soon earned the no. 7 jerseys.
As the end of the 20th century reached Beckham achieved his first European silverware, the 1999 UEFA Champions League. He did it in styles winning a continental treble. Following his 2000 EPL win, his feud with Alex Ferguson began. Ferguson stressed that the star was increasingly distracted with his new celebrated status he earned following his marriage to pop sensation, Victoria Adams. Despite his troubles with Ferguson, he penned a three-year-long deal with United which will see him earn £100,000 weekly. But that deal was short-lived as the following season, he got involved in his infamous boot accident with Ferguson which led to his departure to Real Madrid.
He penned a deal with Real Madrid in the summer of €37 million. Beckham spent 4 years at Madrid and despite him being in a star-studded team which included Zinedine Zidane, Luis Figo, and Ronaldo Nazário, he failed to win any major trophy during his first three seasons at the club. It was during his last season he won the La Liga. Though not winning trophies, Beckham’s presence at Madrid was enough to bring amazing financial success for Madrid. In the 4 years he spent at the club, Madrid earned about $600 million in merchant sales, thanks to Beckham.
His next move was to the MLS where he signed a five-year deal with LA Galaxy. At first, the media reported the deal to be valued at $250 million, but it was revealed to be a $32.5 million five-year deal. The deal had financial benefits not just for Beckham but for LA Galaxy owners. Following their signing with Beckham, Herbalife penned a five-year jersey sponsorship deal worth $20 million. He played at LA Galaxy for 5 years but was sent on loan on two occasions to AC Milan.
After his five year stint at LA Galaxy, Beckham moved back to Europe where he penned a six-month deal with PSG. Beckham received £170,000 weekly during his stay at the club, which he donated to charity. Following his time at PSG, he retired from professional football.
Here are some of the best David Beckham’s career highlights.
- FIFA World Player of the Year – Silver Award: 1999, 2001
- Premier League Player of the Month: August 1996
- PFA Young Player of the Year: 1996–97
- FWA Tribute Award: 2008
- Sir Matt Busby Player of the Year: 1996–97
- England Player of the Year: 2003
- ESM Team of the Year: 1998–99
- UEFA Club Footballer of the Year: 1998–99
- UEFA Club Midfielder of the Year: 1998–99
- UEFA Team of the Year: 2001, 2003
- The goal of the Decade (vs. Wimbledon, 17 August 1996)
- BBC Sports Personality of the Year: 2001
- BBC Sports Personality of the Year Lifetime Achievement Award: 2010
- Real Madrid Player of the Year: 2005–06
- FIFA 100
David Beckham Net Worth in 2020 & Businesses
A global sensation, David Beckham net worth is valued at $450 million in 2020. That places him among the wealthiest athletes in the world. The businessman and fashion icon own David Beckham Holdings, the company that manages his brand. In 2019, he bought out his partner, Simon Fuller, who owned one-third of the company’s stake for $50 million, giving him and his wife full coverage over their business.
When he signed with LA Galaxy in 2007, his contract included an option to buy an expansion team in the Major League Soccer for a discount fee of $25 million. In 2014, Beckham exercised that option, and thus became the owner of Inter Miami FC. The club was set to begin playing in 2017, but a delayed stadium deal saw them debut in the MLS in March 2020.
Beckham extended his business tentacles to English football in 2019 when he bought a 10% stake in Salford City. Beckham had a fashion line named Kent & Curwen. In April 2020, after considerable losses, he cut ties with the company that paid him to be a business partner.
David Beckham Career Earnings
Throughout his football career, David Beckham’s career earnings were about $800 million in total. According to Forbes, as of 2017, Beckham was the 7th highest-paid athlete of all-time. Away from the football scene as a footballer, Beckham has parted with some of the brands he endorsed during his football years. This is a result of the fact that he has taken the time to endorse his own business. In the first year after he retired, he made $75 million from deals he made with Diageo for the Haig Club Scotch whiskey as well as his consumer product deal with Global Brands Group. In 2013, he received $45 million from endorsement deals with Samsung, Adidas, Sainsbury’s Coty, and Hennes & Mauritz AB. He currently endorses his brands.
David Beckham Luxury Lifestyle
David Beckham’s huge net worth is evidence of his hard work for several years and thanks to that, he can afford to live a luxurious lifestyle.
David Beckham has an apartment in a skyscraper in Miami. The house which is worth £20 million has a five-bedroom, seven-bathroom, a luxury pool, gym, and a helipad. He also owns a £31.5million six-bedroom townhouse in Holland Park. Beckham and his wife spent about £8 million in renovating the house which was bought in 2013. His luxury houses also include a £6.15million home in Cotswolds where they are currently self-isolating, a £4 million apartment in the iconic Burj Khalifa in Dubai, as well as a £1.3 Villa in Palm Jumeirah.
David Beckham’s car collection includes a Jaguar XJ, Chevrolet Camaro, Porsche 997 Convertible Turbo, Hummer H2, Lamborghini Gallardo, Jeep Wrangler and a Rolls Royce Phantom Drophead Coupe.
David Beckham is a proud owner of a $26 million Bombardier Challenger 350 private jet.
Takeaways from David Beckham’s Wealth, Success & Fame
With David Beckham’s wealth as high as $450 million in 2020, the interesting story about his success and fame, here are two lessons to learn from the British retired soccer star.
1. Be Passionate
David Beckham revealed that when he was in primary school, his teachers will ask him what he wanted to become and he’ll say a footballer and even after he was pressed to say a real job, he’ll insist he wanted to be a footballer. That passion made him a global sensation.
2. Be Versatile
Beckham’s huge fortune came about as a result of him leveraging on his fame to become an icon in business and fashion. Though it had a slight effect on his career at the outset, it paid off greatly. Versatility is one of the keys to success.
In 2020, David Beckham’s net worth is estimated at $450 million, ranking him as the 11th richest athlete in the world. His career earnings which also include earnings from endorsement and sponsorship deals total $730 million. The major source of his wealth is from his career as a professional football (soccer) player, model and businessperson.
While you tap from the success stories of established stars, it is noteworthy to recognize that each circumstance will be unique to each other. Finally, what are your thoughts about David Beckham’s net worth? Feel free to share with us in the comments section below.