How Did Summer Olympian Anna Kasprzak Become a Billionaire at 32 Before LeBron James and Other Legends?

Published 06/05/2022, 10:15 AM EDT

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World-class athletes amass a large portion of their wealth while still playing the sport. But the story behind the fortune of Anna Kasprzak is a little different from most athletes.

A significant amount of their wealth comes from brand endorsements. Moreover, athletes also earn an on-field salary, a meager sum compared to the money received from sponsorships.

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Anna Kasprzak is an equestrian from Denmark who competes in individual and team dressage events. She most prominently competed in the individual and team dressage events at the London and Rio Olympics.

The estimated net worth of Anna Kasprzak

Although Kasprzak did not clinch a medal at either of the meets, she secured the 14th position in the individual and sixth in the team event at the Rio Games. During the London Olympics, the equestrian came 18th in the individual event but was placed fourth in the team dressage event.

However, it is worth mentioning that she has amassed quite a fortune during her brief career in sports. According to Wealthy Gorilla, the 32-year-old Olympian has an estimated net worth of $1 billion.

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Despite her unsuccessful attempts at securing a medal at the Olympics, the dressage rider has made a fortune in a short duration. There are influential athletes with celebrity status trailing behind her in terms of wealth.

 

These athletes include Tiger Woods, Michael Schumacher, LeBron James, Floyd Mayweather, Roger Federer, Shaquille O’Neil, and Dwayne Johnson, all of whom have a net worth below the $1 billion mark.

She ranked fourth in a top 30 richest athletes list, trailing behind Ion Tiriac, Vince McMahon, and Michael Jordan.

How did Kasprzak amass such a massive fortune at a young age?

The reason behind her success is due to her late grandfather’s company. Therefore, her wealth is not directly related to her competing at prominent meets.

Her maternal grandfather, Karl Toosbuy, founded the prominent shoe company called ECCO in 1963. Her mother, Hanni Toosbury Kasprzak, is the only child of Karl. Therefore, after his passing in 2004, she became the heir to the company and inherited most of its shares.

 

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According to Forbes, the company generates $1.46 billion annually in sales alone. Anna Kasprzak, along with her mother Hanni and brother André owns the rights to the revenue generated by sales. Therefore, the family makes about $1.5 billion during a financial year from ECCO alone.

Moreover, her mother’s net worth is estimated at $3 billion, which is almost three times more than her estimated figure. Kasprzak also made it to Forbes last year with an estimated net worth of $1.3 billion. However, the magazine dropped her name from the list of billionaires in 2022.

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Whatever be the case, she has amassed wealth far more than what most prominent figures in sports have been able to during their careers. And at 32, the equestrian is still young and has time to improve on her already massive fortune.

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Written by:

Aklanta Chetia

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Aklanta Chetia Wanniang is a US Sports author for EssentiallySports. He has a Master's degree in Literature from the University of Delhi. With an interest in learning about multiple sports, Aklanta himself is a former sportsperson and has participated in state and national level swimming events.
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Edited by:

Vibhanshu Kumar