Many people in India still do not take sports seriously, especially sports other than cricket. However, some sports and athletes receive recognition through the Olympics and other international competitions. Neeraj Chopra, the gold medalist, is one such superstar. His rapid rise to fame and glory is worth discussing. In this article we will talk about Neeraj Chopra net worth, his salary and house price.
Neeraj Chopra Net Worth, Salary, Property
Neeraj Chopra Net Worth, Salary, Property
The success of Neeraj in the Olympics has once again proved that if you have will then you can achieve success in any field. He will serve as an inspiration for the coming generation of players who are interested in sports other than cricket and hockey. Let us learn more about him.
About Neeraj Chopra
India’s first track and field Olympic gold medalist Neeraj Chopra was born on 24th December 1997. He was born in Khandra, Haryana, India and 23 years later he had put himself and India on the world Olympic map after ending years of waiting for a gold medal for this nation of 140+ crore people.
The sport he indulges in is Javelin Throw where the player has to run with a spear-like object and then throw it as far as they can. Neeraj has quite a few medals to his name already and he is also the only debutant to have won a Gold medal at the Olympics on his debut.
Neeraj Chopra Net Worth
It was only a matter of time before Neeraj became the pride of the nation. Once he had pocketed that coveted Olympic gold medal he was the nation’s favorite son. Cash prizes and gifts started flowing in from all parts of the country and Neeraj was not just a sportsperson now he had also become an actor as he appeared in a handful of TV advertisements as well. Both these activities contributed to boosting or rather building Neeraj Chopra net worth in a short period.
Neeraj’s worth today is estimated to be 4.5 million dollars or 37 crores in Indian rupees. Almost 17 crores worth of cash prizes were received by Neeraj Chopra. Haryana government gave him 6 crore rupees, Punjab government gave 2 crores, Railways gifted him 3 crores, BCCI and Manipur government gave him 1 crore each, Indian Olympic Association gave him 75 lakhs and IPL franchise Chennai Super Kings gave him a further 1 crore rupees on winning the Olympic medal.
In addition, Byju’s also gave him 2 crores, Anand Mahindra also gifted him an XUV700, Haryana Government gave him a grade 1 government job and Indigo announced that he will be getting tickets free for a year.
Neeraj reportedly earns 30 lakhs a month and 4 crores a year. He hasn’t stopped winning medals after the Olympics and so understandably he has made more money from winning other awards. He also must be signing up for a few more advertisement contracts which also must be significantly contributing to his growing net worth.
Neeraj Chopra Salary
It would be difficult to pinpoint Neeraj Chopra salary as he has not one but multiple income sources and most of them are contractual or prize based rather than fixed salary income.
The money he must have made from ads and his medal-winning exploits may not be easy to estimate. However, his monthly salary is assumed to be above 30 lakhs and this helps him earn more than 4 crores a year.
It is this huge salary of his that has helped him go from 600k dollars of net worth in 2019 to a 4.5 million dollar net worth in 2023. It is not difficult to understand why his net worth has seen such a drastic jump in just 4 years as he kept bagging medals and prizes since his first win in the 2012 World Athletics Championships and his international debut in the 2013 World Youth Championship.
We won’t be surprised if he doubles or triples his net worth in a couple more years as he is about to hit the peak of his career and seems to be going in the right direction.
Neeraj Chopra House
Neeraj Chopra didn’t have the sporting facility and equipment growing up that he has now. He once mentioned that his village didn’t have any ground as well and that is why he had to practice on roads which changed when he shifted away. However, today as he has achieved so much for the country it was only fitting that a stadium would be built in his hometown.
The good news was announced by Haryana Chief Minister Manohar Lal Khattar. He said that the stadium would be built for 10 crores.
While his village and its facilities are changing and improving, there is no new Neeraj Chopra house on the horizon. His family lives in the joint family setup back in Khandra, a village that is 16 kilometers from Panipat and that is the address that Neeraj shares to date.
More often than not he is traveling or training for upcoming competitions and so his base keeps changing but so far his permanent residency remains the same.
Neeraj Chopra Income
Depending on where you read about Neeraj Chopra Income the amount can vary somewhat. Neeraj himself hasn’t made any claims as to how much he earns nor does anyone have any idea about his winnings from all the competitors and money earned from various brands that he has signed up for.
Neeraj has signed endorsement contracts with companies like Muscle Blaze, Mobil India, Gatorade, Nike, Gillette, JSW Sports, Tata AIA Life Insurance, BYJU’s, a pharmaceutical brand and more. All of these must pay him well.
Neeraj Chopra Salary is understood to be more than 30 lakhs a month and more than 4 crores a year but again no one knows if these are concrete figures.
Almost half of his estimated 37 crores net worth came from cash prizes received from various franchises or governments. The remaining must have come from cash prizes that came with the medals he won or from the brands that he endorses.
Neeraj was also invited to a lot of events, functions, webinars, and more ever since his gold medal victory at the Olympics and no one knows if he charged for them or was paid for them and so there is a chance that a small but significant portion of his income must have come from there as well.
|4.5 million dollars
|Rs. 30 lakhs
|Rs. 4 crores
|Rs. 37 crores
|Properties owned and their valuation
|Miscellaneous assets and their valuation
Neeraj Chopra Medals
In his 11-year career Neeraj has won more than double the medals of his career span and considering he is entering his prime now we can only think that he will end up with many more medals in the future.
While we know that he has the Olympic gold in his medal cabinet now and that is the one that Indians like the most we will now look at the other medals that the Javelin Thrower has bagged over the years which have also significantly contributed to his rising stock and Neeraj Chopra net worth handsomely.
The highest world ranking that Neeraj has achieved in his career is rank 2 which came on August 11 2021 and he achieved his personal best throw of 89.94 meters in 2022.
Neeraj won a bronze medal at the Asian Grand Prix Series in 2017 in Taipei, Taiwan, and another one at Kuortane Games in Kuortane, Finland in 2021.
He has won one silver at the World Championships, one at the Asian Junior Championships, and 5 more at various events of which in 2 of those he ended up creating national records as well.
Of his 14 gold medals which include the most prized Olympic medal, the other 6 came from Diamond League, Asian Games, Commonwealth Games, Asian Championships, South Asian Games, and World Junior Championships. On his way to first-place finishes, he also created a World U20 Junior Record, a national record, and a qualifying round record in three competitions.
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Neeraj Chopra Personal Best Over the Years
From 2013 to 2015 Neeraj’s season-best figures of 69.66 meters, 70.19 meters, and 81.04 meters all came in Patiala, India. His personal best in 2016 was 86.48 meters which was a World U20 Junior Record and came in Bydgoszcz, Poland. His best in 2017 again came in Patiala, India where his throw landed an astonishing 85.63 meters away.
His 2018 season-best throw recorded a distance of 88.06 meters and was recorded in Jakarta, Indonesia. His best of 2020 came in South Africa at 87.86 meters and in 2019 the distance improved to 88.07 meters and was again recorded in Patiala, India.
His all-time best throw was recorded in 2022 in Stockholm, Sweden where he was just shy of breaching the 90-meter mark as his throw covered a distance of 89.94 meters.
Neeraj Chopra’s financial success reflects his outstanding achievements in his field, as his net worth, salary, and property showcase his prosperous career. His financial standing exemplifies the rewards that can come from dedication, talent, and determination.