Rafael Nadal Net Worth 2020 – How Rich Is He?

Rafael Nadal Net Worth - How Rich Is He
Photo: Mark Kolbe/Getty Images

 Rafael Nadal net worth, salary, and his sources of wealth in 2020 analysed.

Net Worth:$180 Million
Career Prize Money:$120.96 Million
Date of Birth:June 3, 1986
Age:34 years old
Nationality:Spanish
Source of Wealth:Professional Tennis Player
Last Update:2020

Overview

Rafael Nadal is a professional tennis player from Spain who is creatively ingenious in the sport. Hailed as the King of Clay, Rafael Nadal ranks as one of the best tennis stars not just in the 21st century but also in the history of the sports. Naturally talented, with a passionate interest in the sports, Nadal’s antics on the courts has seen him receive several wins. Nadal is the most successful tennis star in the Open era, with 59 singles title. With a total of 19 Grandslam singles wins, Nadal is the second most successful athlete in Grandslam single in the history of tennis. With several years ahead of him, he surely will add more to his 19 Grandslam wins. 

With an emphasis on Rafael Nadal net worth in 2020, we summarise the wealth his tennis career has availed him. Other highlights include his early life, career summary/prize money earnings, endorsements, luxury lifestyle, and lessons from Rafael Nadal’s wealth and rise to fame.

Early Life

Rafael Nadal was born to an affluent family in Spain. He was born in Manacor, a town located in Mallorca, an island under the sovereignty of the Spanish government. Nadal’s father, Sebastián Nadal Homar, works as a businessman, who owned several companies. He owned a restaurant, a glass, and window company as well as an insurance company. His family also has roots that trace to sports. Nadal’s uncle, Miguel Ángel Nadal, played professional football, for the Spanish National team, as well as Barcelona FC. Like most kids in Spain, Nadal had an interest in football. His interest in football was further fuelled by his admiration for Brazilian star, Ronaldo, who he met thanks to his uncle. While Nadal had an interest in football, his real interest was in tennis.

One of his uncles, Toni Nadal, who worked as a tennis coach, soon noticed his young nephew’s interest in tennis. Toni went on to groom Nadal in the sports. Nadal was as young as three years old. From his early years, Nadal was trained by his uncle, and by the age of 8, Nadal showed that those years of training paid off, when he won an under-12 regional tennis championship. While Nadal was training in tennis, he also was playing football. Following his success at the tournament, Nadal was subjected to more training. His uncle taught him how to make use of his left hand in tennis to give him an edge over his opponents.

By the time Nadal was 12, he had won European tennis titles for his age group. In order for his studies not to suffer, Nadal was told to pick between tennis and football, and the teenage star chose tennis. On noticing Nadal’s talents, the Spanish tennis federation told him to move from Mallorca to Barcelona, a move his father contested due to the fact that his son’s education may suffer. He remained in Mallorca, and though with reduced financial support from the federation, Nadal continued training with his father acting as his sponsor.

Career Summary

In 2001,15 years old Nadal, turned Pro. Though he recorded several wins through the years, his first Grandslam win came in 2005, when he won the French Open. Nadal earned $3,874,751 in prize money that season. He finished the year at the #2 spot in the World rankings. In 2006, Nadal repeated his success at the French Open again and earned $3,746,360 in prize money. In 2007, Nadal won his third successive French Open title and earned $4,896,935 in prize money. His success took an enormous leap in 2008 when he won the French Open and his first Wimbledon title.

He further went on to win the Singles at the 2008 Olympics. He received $6,773,776, for his wins in 2008. Following his successful 2008 season, Nadal came out in the top form in 2009 and won the Australian Open as well as the Davis Cup. He received $5,466,515 in prize money. 2010 proved to be an amazing season for Nadal. That season, Nadal won 3 Grandslam singles. He triumphed at the French Open, the Wimbledon and the US Open and received $10,171,998 in prize money. He ended his season at the top of the World rankings. The 2011 and 2012 season passed with lone Grandslam victory. He won the French Open on both occasions and received $7,668,214 and $4,997,448 respectively in each season.

Photo of Rafael Nadal
Rafael Nadal (Photo credit: Sky Sports)

Between 2011 to 2012, Nadal’s ranking on World ranking had dropped to no. 4, but he rebounded to no. 1 in 2013 after he won two Grandslam singles, the French Open and US Open. He earned $14,570,937 in prize money during the season. 2014 marked the beginning of years of struggles for Nadal. He won the French Open and earned $6,066,446 in prize money. Nadal did not win any Grandslam until the 2017 season, where he won his 10th French Open and 3rd US Open titles. Nadal earned $15,864,000 and finished the year as no. 1.

He followed his 10th French Open win, with another in 2018. Nadal earned $8,663,347 in prize money that season. He finished the 2019 season as the top-rated tennis star after winning the French Open and the US Open. He earned $16,349,586 in prize money in 2019. 

Rafael Nadal Net Worth in 2020 & Businesses

Rafael Nadal’s net worth is valued at $180 million in 2020. Nadal is one of the most successful tennis stars in the history of the sport — he has reached feats in tennis only a few in the sport can match. While career earnings which run to the tunes of millions of dollars account for a significant portion of his overall worth, Nadal’s endorsement deals with top brands rack the Spaniard millions of dollars, thereby shooting up his fortune. Nadal ranks as the 27th highest-paid athlete in the world for a 12-month period ending May 2020, according to Forbes.

Nadal’s personal business ventures have also added to his wealth. The tennis star owns a tennis academy, the Rafa Nadal Academy, which was established in 2016 and based in Manacor, his hometown. The academy charges as much as $62,000 for enrollment. He also owns the Tatel restaurant chain, with Music icon, Enrique Iglesias, and soccer sensation, Cristiano Ronaldo. The restaurant has locations in Madrid, Miami, and Ibiza.

Rafael Nadal Career Prize Money Earnings

Since he turned Pro in 2001, Nadal has won 85 singles titles. Of his 85 singles wins, Grandslam accounts for 19, ATP Masters 1000, accounts for 35 while ATP Tour 500 accounts for 21. Rafael Nadal’s career prize money earnings as of May 2020 is $120,955,904. That ranks as the third-highest recorded prize money by a tennis player. His salary for 2020 is $14 Million.

Rafael Nadal Endorsements & Sponsorships

Rafael Nadal’s endorsement deals portfolio includes his deal with Nike, which he renewed in 2018. The details of the deal are yet to be released. He also has endorsements with Telefónica, Richard Mille, Cantabria Labs, Santander, Babolat, Mapfre, Banco Sabadell, and Kia Motors. 

Rafael Nadal Luxury Lifestyle

Rafael Nadal’s huge net worth is evidence of his hard work for several years, thanks to that, he can enjoy a luxurious lifestyle.

Houses

Rafael Nadal has just two homes, one in his home town of Mallorca and another in the Dominican Republic. Nadal bought his home in Mallorca in 2013 for about $4.3 million. The house covers 7,000 square meters. In 2009, he bought his mansion in the Dominican Republic for $2 million. His two houses are well equipped with modern amenities.

Cars Collections

Rafael Nadal car collections include a Mercedes-Benz SL55, a Ferrari 458 Italia, a Mercedes-Benz C350, and an Aston Martin DBS.

Yacht

Nadal owned a Beethoven luxury yacht, which he put up for sale in 2017. He set the asking price at $3 million. He then bought another yacht, a Sunreef catamaran. 

Takeaways from Rafael Nadal’s Wealth & Rise to Fame

Now that you know the interesting story about Rafael Nadal’s rise to fame, his wealth, and how he became successful, here are two incredible lessons from the Spanish professional tennis player.

1. Consistent training helps

Thanks to his uncle, Toni Nadal, Rafael Nadal consistently trained throughout his early years. Those training laid the groundwork for a successful tennis career. 

2. Specialisation is key

It is good to be a good all-rounder in sport, it also helps if you can dominate completely an aspect of your chosen sport. Nadal is a good player who has won Grand Slam titles on various courts, but on clay, Nadal has established himself as an immovable force. The star has dominated clay courts, that most of his Grandslam win, emerges from clay.

Summary

Rafael Nadal’s net worth is estimated at $180 million as of 2020, which ranks him among the wealthiest tennis players in the world. His Career Prize Money as of May 2020 is $120.96 Million. Nadal’s sources of wealth are mainly from his occupation as a professional tennis player.

Conclusion

Train consistently to build your skills, and try as much as possible to create a name for yourself in a particular aspect of your chosen sport/niche. 

Finally, what are your thoughts about Rafael Nadal’s net worth? Please share it with us in the comments section below.

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