How Virat Kohli Net Worth Skyrocketed in 2024: The Role of IPL, Instagram, and Endorsements”

Virat Kohli Networth,

Virat Kohli Net Worth 2024: Be it the world of cricket or beyond, Virat Kohli is undoubtedly more than just a name; he is an institution within himself. Over a career that has spanned for more than a decade, Kohli has been on a record-setting spree, be it on the field or off it, where he is perceived to have built an empire screaming volume to his name.

Virat Kohli Bio

AttributeDetails
Age35
Source of WealthCricket
ProfessionAthelete, Cricketer
Salary/Winnings$2 M
Endorsements$24 M
Net Worth$122 million-$126 million
ResidenceMumbai, India
CitizenshipIndia
Marital StatusMarried
AgentBunty Sajdeh
AgencyCornerstone
SponsorsAudi, Colgate-Palmolive, Flipkart, Google, Hero Motocorp, Puma, Uber, Valvoline

Until 2024, Virat Kohli’s net worth seems to be assuring quality on display from a player who is undoubtedly counted amongst the top world-class batsmen and a shrewd businessman as well. Now, let’s delve deeper into the details of his financial innings, endorsement deals, and the opulent life that ensues in being one of the most paid athletes across the globe.

Virat Kohli Net Worth

As of 2024, Kohli’s net worth is estimated to be between US$122 million and US$126 million, according to reports from Economic Times India and GQ. This impressive figure is a testament to his success both as a world-class cricketer and as a savvy businessman.

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IPL and Salary Growth

The same can be taken as an example with his Indian Premier League (IPL) team Royal Challengers Bangalore (RCB), which has dramatically helped in upscaling his pay. Interestingly, this Indian skipper has never been part of any IPL auctions in 15 years of its history. Signed by RCB for a meager ₹ 12 lakhs for the inaugural edition back in 2008, his association with RCB saw his remunerations grow manifolds.

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In the year 2011, there was a major hike in his income stream where he was retained as the solitary player of RCB, with a startoff from ₹8.2 crores per annum for the quadrennium beginning from 2011 to 2014. His captaincy role, being a complete full-time captain for the team, again emphasized that he was the biggest asset for them, and this is what helped him reap skyrocketing IPL earnings.

YearSalary/IncomeDetails
2008₹12 lakhSigned by RCB in the first edition of the IPL.
2008 – 2010₹12 lakh (annual)Initial contract amount for playing for Royal Challengers Bangalore (RCB).
2011₹8.2 crore (annual)After being the only player retained by RCB, his salary jumped significantly.
2011 – 2014₹8.2 crore (annual)Continued receiving this amount post retention.
2015 onwards₹17 crore (approx.)Salary saw further increases, reflecting his value to the team and his performance on the field.
Virat Kohli Networth,
Image Source: Getty Images

Income Sources Beyond Cricket

Virat Kohli has income from various business ventures, apart from the career of playing cricket, which constitutes earnings from salary/winnings; these amount to $2 million plus endorsement earnings estimated at $24 million. He owns a restaurant in Delhi with an investment stake in startups such as Blue Tribe, Universal Sportsbiz, MPL, Sports Convo, and several others. Such investments not only extend his portfolio but also show the entrepreneurial spirit of Kohli.

Kohli has immense clout even on social media, with over 260 million followers on Instagram alone. It is stunningly staggering when it comes to endorsements on social media, the player charging an estimated ₹11.5 crore per post from Instagram, while on Twitter, it is around ₹2.5 crore. These figures reflect the power of the cricketer and capability of his brand value across social media platforms.

Real Estate and Luxury Living

Kohli has also developed a knack for luxury in the world of his personal homes, holding places valued close to ₹80 crore in Gurugram and about ₹34 crore in Mumbai. These homes are not only investment grounds but are also places that showcase the kind of lifestyle expected out of a sporting megastar.thumb_upthumb_down

Early Life and Cricketing Milestones

From being an obsessive cricket lover during his childhood days, Virat Kohli has come a long way to become the great captain of the Indian national cricket team. His aggressive batting style and leadership qualities are second to none, which has helped him carve out a niche among the premier group plying trade in the cricketing world. Another source of major crux in Virat Kohli’s financial portfolio is built from the fortunes he makes directly in cricket from constantly playing for the national team, earning good salaries set by the Board of Control for Cricket in India (BCCI), and added match fees.

Endorsement Deals and Business Ventures

That marketability thus extends from the cricket ground, as leading brands are fighting hard for him. Such an association with an elite group like Audi, Colgate-Palmolive, Flipkart, Google, Hero Motocorp, Puma, Uber, and Valvoline certainly adds a significant chunk to his net worth. Apart from brand endorsements, his business stakes cover investing in a restaurant in Delhi and stakes in startups like Blue Tribe, Universal Sportsbiz, MPL, and Sports Convo.

Social Media Impact

Social media profiles of Kohli have more than 260 million followers on Instagram and a huge following on Twitter; thus, it is a potential gold mine. What he earns for each post on Instagram and Twitter was almost unbelievable till now, owing to his power in social media. Luxurious Way of Living and Real Estates

FAQs

  1. How does Virat Kohli earn from social media?
    • Kohli earns through sponsored posts and partnerships on platforms like Instagram and Twitter, where he has a massive following.
  2. What business ventures has Kohli invested in?
    • Apart from his restaurant in Delhi, Kohli has invested in startups like Blue Tribe, Universal Sportsbiz, MPL, and Sports Convo.
  3. How much does Virat Kohli charge for a brand endorsement?
    • Reports suggest that Kohli charges between ₹7.50 to ₹10 crore for each brand endorsement.
  4. What are some of Virat Kohli’s most luxurious properties?
    • Kohli owns a luxurious apartment in Mumbai’s Worli area and a house in Gurugram’s posh DLF Phase-1.
  5. What makes Virat Kohli one of the highest-paid athletes in the world?
    • Kohli’s income from cricket, endorsements, social media, and business ventures contribute to his status as one of the highest-paid athletes.