Pele’s legacy is much smaller than the press says

Reports in Brazil and abroad indicated that Pele left behind $100 million in assets, about R$517 million at the time.

Wealth assessment portals, such as CelebrityNetWorth, show the same value. There is no official information about it.

OR TV room he found out from people close to the family that the inheritance is much smaller than the media reported.

Between real estate and investments, the capital would be R $ 30 million. A figure disproportionate to the priceless legacy of the greatest athlete of the 20th century.

Called “Pele’s successor” at the start of his career, Neymar, for example, has already amassed around $250 million, equivalent to R$1.3 billion.

The former player’s will indicates 8 beneficiaries: his widow, Márcia Aoki, 6 children (Kelly, Jennifer, Edinho, Flávia, Joshua and Celeste) and 2 grandchildren (Octavio and Gabriel, children of Sandra, the daughter who obtained the recognition of paternity in justice).

The financial life of the now eternal Camisa 10 has had its ups and downs. At the time of the heyday of football, players’ salaries were several times lower than they are paid today.

The Santos goalscorer was at the time heavily in debt through losses with holdings and companies, as well as embezzlement.

Salvation was the contract with the American team Cosmos, from 1975 to 1977. In 3 years playing in New York, he settled his finances and started having a luxurious life.

From the mid-1990s onwards, he closed a few million-dollar advertising contracts and received compensation for participating in sports reports.

Pele’s image has incalculable value. He is even more appreciated after his death, as happened with other planetary idols, such as Elvis Presley, Marilyn Monroe and Michael Jackson.

The heirs will be able to negotiate the use of the brand in products and events to ensure a substantial income for the rest of their lives.

Source: Terra