Michael Schumacher’s wife has been compelled to sell off numerous private assets to continue caring for the former Formula 1 champion.
Michael Schumacher‘s wife has been compelled to sell off numerous private assets to continue caring for the former Formula 1 champion.
La Repubblica reports that Corinna Schumacher has been raising funds recently by selling millions of euros worth of Michael Schumacher’s luxury watches.
The Italian newspaper also reports that Mrs Schumacher has “sold luxury residences and a jet.”
This is reportedly due to the fact that the ongoing health and care treatments for the 55-year-old Schumacher, following his skiing accident and brain injuries over a decade ago, now amount to 7 million euros annually.
The costs are said to include “highly armoured homes to protect privacy,” as well as “extremely expensive treatments, doctors and nurses.”
“Corinna sold her residence on Lake Geneva,” La Repubblica continued. “The last disposal, following the sale of the private jet, was a valuable collection of watches and a castle in Norway.”
“In short, the assets are being liquidated to protect Schumacher and leave a small door open to hope.”
