Rafael Nadal’s recent financial move has sent shockwaves through the sports world, as the tennis legend sold a significant portion of his tennis academy, boosting his net worth to new heights. With an estimated fortune accumulated during his playing career, Nadal’s sale of almost half of his Mallorcan Rafa Nadal Academy has brought in a staggering £78 million (€94.1 million). This represents a remarkable 373 percent increase in revenue compared to the previous year for the 38-year-old.
The sale of 44.9 percent of his shares of the Centre Sportiu Manacor to GPF Capital is the primary reason for Nadal’s substantial increase in income. The Rafa Nadal Academy offers training programs, accommodation for tennis stars, and a range of other services in the health and hospitality industries. Additionally, it features a private clinic and a museum showcasing memorabilia from Nadal’s illustrious career. Although he sold a significant portion of the business venture to GPF Capital, Nadal still retains a 55.1 percent stake in the academy.
Nadal’s reported net worth of around £175 million is largely attributed to his earnings from tournament winnings, which totaled up to £103 million throughout his career, according to the ATP’s prize money leaderboard. However, his income has been significantly boosted over the years through lucrative sponsorship deals, endorsements, and special appearances.
While Nadal has undoubtedly amassed a substantial fortune, he has also indulged in a few luxury purchases over the years. In 2012, he splurged £33 million on a mansion, showcasing his attachment to his hometown of Manacor in Mallorca. Additionally, he acquired a holiday villa in Playa Nueva Romana, located in the Dominican Republic.
One notable extravagance in Nadal’s collection is his luxury yacht, which he acquired for his 34th birthday in 2020. Dubbed the ‘Great White,’ the vessel cost him approximately £5 million. Nadal personally contributed to the interior design of the yacht, opting for neutral cream, beige, and brown tones. The ‘Great White’ boasts four guest cabins that can accommodate up to eight people, while Nadal’s personal suite features a walk-in wardrobe. The yacht also includes a fold-down balcony, indoor and outdoor dining areas, numerous televisions, and a garage for storing jet skis.
Nadal’s decision to purchase the ‘Great White’ stemmed from his desire to have a home-like experience on the water. He specifically requested open spaces and avoided features such as hot tubs and jacuzzis, as he prefers to have the freedom to swim and enjoy the surrounding water.
In conclusion, Rafael Nadal’s recent sale of a significant portion of his tennis academy has propelled his net worth to new heights. With an estimated fortune accumulated during his playing career and additional income from sponsorship deals and endorsements, Nadal has solidified his financial standing. While he has made some luxury purchases, including properties and a luxury yacht, Nadal’s focus remains on his legacy as one of tennis’ greatest-ever players.