10 Updates

Yulia Lipnitskaya Could Earn $50M -- If She Leaves Russia

Feb 16 2014, 12:12pm CST | by

To make some big-time money from endorsements Maria Sharapova had to bolt Russia for the U.S. In America the tennis great became the highest-earning female athlete in the world. Sharapova was born...

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23 weeks ago

Yulia Lipnitskaya Could Earn $50M -- If She Leaves Russia

Feb 16 2014, 12:12pm CST | by

To make some big-time money from endorsements Maria Sharapova had to bolt Russia for the U.S. In America the tennis great became the highest-earning female athlete in the world. Sharapova was born in the Soviet Union and moved to the U.S. in 1994 when she was seven. Last year she earned $29 million, including $23 million from sponsors like Nike and Head.

Sochi gold medalist Yulia Lipnitskaya will have to do the same thing if the 15-year-old phenom wants to cash in on her enormous talent and charisma. She would probably not be able to earn as much from endorsements as a tennis player, but could certainly earn at least $5 million a year during her prime, or roughly $50 million.

Consider that a figure skater from tiny South Korea, the 2010 Olympic champion in ladies’ singles Kim Yuna, was the sixth-highest earning female athlete in the world last year, pulling in $14 million. Last winter she captured her second World Championship and will be battling Lipnitskaya for gold next week in the singles. Kim has lots of big sponsors, including Samsung Electronics, Korean Air and KB Financial.

But athletes who live in autocratic Russia make squat. Despite living in Florida, Sharapova carried the flag for Russia in the 2012 Olympics , winning a silver medal, and she was given the honor of bringing the torch into the stadium during the opening ceremonies for the Sochi Games . Lipnitskaya has at least two more Olympics in her competing for Russia if she wants, but if she would like to pursue endorsement gold, she’d better do it from overseas.

Source: Forbes Business

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken i ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was reject ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Seri Hishammuddin Hu ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern states last month. ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2 ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mustap ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involvi ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Scheme 2014. ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Daman ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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