Editing Michael Schumacher (section)

===Finance and sponsorship===
[[File:Omega Speedmaster Omega Speedmaster Schumacher Edition compo.jpg|thumb|Schumacher was an advertising partner for watchmaker [[Omega SA]]. When he won his third title in 2000, which was the first with Ferrari, the ''[[Speedmaster Racing]]'' was issued in a ''Schumacher Edition'' having his signature on the back.]]
In 1999 and 2000, ''[[Forbes]]'' magazine listed him as the highest paid athlete in the world.<ref>{{Cite book|last1=Funk|first1=Daniel|title=Strategic Sport Marketing|last2=Karg|first2=Adam|publisher=Routledge|year=2020|isbn=978-1-00025127-2|pages=275}}</ref> In 2005, ''EuroBusiness'' magazine identified Schumacher as the world's first billionaire athlete.<ref>{{Cite web|title=Michael Schumacher (1969)|url=https://people.idsia.ch/~juergen/schumacher.html|access-date=17 July 2023|publisher=[[Dalle Molle Institute for Artificial Intelligence Research|IDSIA]]|archive-date=10 June 2023|archive-url=https://web.archive.org/web/20230610145911/https://people.idsia.ch/~juergen/schumacher.html|url-status=live}}</ref> In 2005, ''Forbes'' ranked him 17th in its "The World's Most Powerful Celebrities" list.<ref>{{Cite news|year=2005|title=The Celebrity 100|work=Forbes|url=http://forbes.com/lists/2005/53/Rank_1.html|access-date=25 October 2006|archive-url=https://web.archive.org/web/20061025222351/http://www.forbes.com/lists/2005/53/Rank_1.html|archive-date=25 October 2006}}</ref> A significant share of his income came from advertising; [[Deutsche Vermögensberatung]] paid him $8 million over three years from 1999 for wearing a 10 by 8 centimetre advertisement on his post-race cap.<ref>{{Cite news|date=11 November 1999|title=MOT: Schumacher slaps $11.9&nbsp;m price on his head|publisher=AAP Sports News|url=http://www.highbeam.com/doc/1P1-24009938.html|access-date=24 October 2006|archive-url=https://web.archive.org/web/20110516202251/http://www.highbeam.com/doc/1P1-24009938.html|archive-date=16 May 2011}}</ref> In 2010, his personal fortune was estimated at £515 million.<ref>{{Cite web|title=Drivers top the rich list|url=http://en.espnf1.com/f1/motorsport/story/15812.html|archive-url=https://web.archive.org/web/20141209120333/http://en.espnf1.com/f1/motorsport/story/15812.html|archive-date=9 December 2014|access-date=9 September 2014|work=ESPN F1}}</ref> In 2017, ''Forbes'' designated Schumacher as the athlete with the fifth highest career earnings of all-time.<ref>{{Cite web|last=Badenhausen|first=Kurt|date=13 December 2017|title=The 25 Highest-Paid Athletes of All Time|url=https://www.forbes.com/sites/kurtbadenhausen/2017/12/13/the-25-highest-paid-athletes-of-all-time/|archive-url=https://web.archive.org/web/20181218152451/https://www.forbes.com/sites/kurtbadenhausen/2017/12/13/the-25-highest-paid-athletes-of-all-time/|archive-date=18 December 2018|access-date=18 December 2018|website=[[Forbes]]}}</ref>