Joseph Sepp Blatter Net Worth and Salary
| Net Worth | $40 million |
|---|---|
| Salary | $6 million per year, with additional bonuses |
| Birthdate | March 10, 1936 |
| Birthplace | Visp, Valais, Switzerland |
| Gender | Male |
| Height | N/A |
| Profession | Retired Football Executive |
| Nationality | Swiss |
What is Joseph Sepp Blatter’s Net Worth?
Joseph “Sepp” Blatter, a retired Swiss professional football executive, has a net worth of $40 million. Blatter is best known for his tenure as the President of FIFA from 1998 to 2015. Despite his accomplishments in the football industry, his presidency was marred by a corruption scandal, leading to a six-year ban from FIFA.
Highlights
- Joseph “Sepp” Blatter has a net worth of $40 million.
- He served as the President of FIFA from 1998 to 2015.
- Blatter faced allegations of bribery and involvement in corruption.
- During his presidency, he significantly increased the financial performance of the FIFA World Cup.
Early Life
Joseph “Sepp” Blatter was born on March 10, 1936, in Visp, Valais, Switzerland. He studied business and economics at the University of Lausanne, earning degrees in both subjects before embarking on a business career.
Career
Before joining FIFA, Blatter held various business positions, gaining experience in fields such as public relations and tourism. He also worked as the Director of Sports Timing and Relations for Longines S.A, a Swiss luxury watchmaker. Additionally, Blatter played a role in organizing the Olympic Games in 1972 and 1976.
Blatter’s journey with FIFA began in 1975 when he became the technical director. In 1981, he was appointed as the general secretary and eventually elected as the FIFA president in 1998. Throughout his presidency, Blatter faced controversy, including allegations of bribery and financial mismanagement.
Personal Life
Joseph Sepp Blatter has been married three times. He first married Liliane Biner, with whom he had his first child. After their divorce, Blatter married Barbara Kaser, but their marriage ended when Kaser passed away. He then married Graziella Bianca in 2002, but they divorced in 2004.
Net Worth Over Time
While Blatter’s net worth is estimated at $40 million, his financial situation has been scrutinized due to allegations of corruption and bribery. The FIFA ethics committee investigated illegal payments made to a marketing partner called ISL, but Blatter was cleared of any wrongdoing. However, several of his associates in FIFA resigned in disgrace.
Components of Net Worth
Blatter’s net worth primarily stems from his career in the football industry. As president of FIFA, he received an annual salary of $6 million, along with generous bonuses. For example, after the 2014 World Cup in Brazil, he reportedly earned a $12 million bonus. Additionally, he enjoyed luxurious perks like living in a Zurich apartment paid for by FIFA.
In conclusion, Joseph Sepp Blatter has a net worth of $40 million. Despite his accomplishments in the football industry, his presidency was marred by a corruption scandal. While he faced allegations of bribery and financial mismanagement, Blatter’s net worth was primarily derived from his salary, bonuses, and perks during his tenure as FIFA president.
ncG1vNJzZmimkaLAsHnGnqVnm59kr627xmihqKuVpbVuv8Spp2aanJbBtbHRZqWerF2svLPAx2g%3D