Pele Net Worth: How Wealthy Is The Legendary Football Player Pele?

Pelé is a football player from Brazil who is known as the best soccer player of all time. At the height of his career, he was the highest-paid athlete in the world. Many of his football fans want to know how much money he makes from the sport.

This article is for you if you want to know about his net worth and other things. Let’s see how rich he is.

Edson Arantes Do Nascimento was born in Três Coraces, Minas Gerais, Brazil, on October 23, 1940. Pelé was born into a family of football players. His father, Dondinho, was also a professional player. Edson grew up with two siblings and was named after Thomas Edison

He got the nickname “Pelé” because that was how he mispronounced the name of a goalkeeper who played for Vasco de Gama when he was young.

Pele Football Career

Pelé started playing for Brazilian youth clubs when he was in his teens. At 15, his game impressed the coach of Santos FC, and a year later, the sports club signed him. Soon, he became the league’s top scorer, and the national team picked him to play.

In 1958, he played in his first World Cup. In the finals against Sweden, he scored two goals, which helped his team win the trophy. Brazil won the World Cup again in 1962, but Pelé was injured and couldn’t play.

The team didn’t do well at the 1966 World Cup, but they won again in 1970, and Pelé was named the tournament’s best player.

The footballer kept playing for Santos FC in leagues and led his team to victory in the 1962 Intercontinental Cup and the 1963 Copa Libertadores. In 1974, the New York Cosmos signed him. Three years later, he played in front of a huge crowd of 62,000 people at the Giants Stadium.

Pelé’s Salary

When Pelé was playing, there wasn’t a lot of money in the game. So, the Brazilian didn’t make much money from playing football. Still, during his three-year stint with the New York Cosmos in the mid-1970s, he made about $6 million.

Pelé stopped playing soccer in 1977 and now makes most of his money from endorsements. In 2015, he made $14 million and was ranked 13th on Forbes’ list of the highest-paid retired athletes.

Pelé’s Real Estate

It was said that Pelé sold his home in the Hamptons for $2.85 million in 2018. He had already paid $156,000 for the house in 1979. Over the years, Pelé added on to the house and turned it into a 3500-square-foot mansion. The beach is another big plus.

Pelé didn’t really use the house at age 77, since he had been retired for a long time in his home country of Brazil.

Pelé’s Endorsements

Sponsorship deals with companies like Puma, Hublot, Volkswagen, Subway, Emirates, Procter & Gamble, Santander, etc. bring in a lot of money for Pelé. With Brazil hosting both the 2014 FIFA World Cup and the 2016 Summer Olympics, many companies hired Pelé as a brand ambassador.

In April 1994, Pelé was named the Unesco Sports Champion for his work with poor children and to promote sports. He went to a lot of places, like Mexico, Guatemala, and Colombia, to promote sports as a way to build peace and unity.

Together with Unesco, he helped raise money for “Children in Need” on a German TV channel in November 1996. Pele took part in the “match of the heart” in 2000, which was meant to raise money and promote peace for poor children.

Pelé also helps charities like Harlem Street Soccer and gives money to Great Ormond Street Hospital, which helps kids with the most complicated and life-threatening diseases.

Pele’s Net Worth

Pelé is a former Brazilian soccer player who is now retired. He is worth $100 million. People generally agree that Pelé was the best soccer player of all time. He broke through the limits of different sports to become one of the most famous people of the 20th century.

When he was at the top of his game, he was the best-paid athlete in the world. Pelé holds a number of important records, such as the most goals scored in the top league (541). He has scored 1297 goals in all of his games.

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