From Sponsorships to Match Winnings- Here’s a Complete Breakdown of Nathan Chen’s Whopping Million Dollar Net Worth 2022

Published 03/07/2022, 9:30 AM EST

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There are very few figure skaters who have dominated the sport like Yuzuru Hanyu. Elegant, poised, technically sound, Hanyu entertained the audience for a decade. However, there is a new kid on the blocks as Nathan Chen dominated this year’s competition. With his stunning quadruple jumps and fancy costumes, Chen is the archetypal modern-day figure skater. Thus, with his stunning resume, he is already one of the wealthiest skaters in the world.

Competing at the highest level, Chen’s net worth is increasing day by day, as he is flooded with new endorsement deals with the fame he received. So how does his net worth break down?

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Nathan Chen’s net worth breakdown

With a net worth of $2.5 million, he gets wealthier as events pass by. The talented figure skater won the Olympic gold at this year’s Beijing Winter Olympics 2022. But, before he won the gold medal, he won different competitions earlier. The International Skating Union talked about the skater receiving prize money of $18,000 for every Grand Prix of figure skating events he won in 2017. Out of all the three events in that series, Chen won it thrice with a grand total of $54,000. Likewise, the Four Continents Figure Skating Championships in 2017 saw him receiving a cash prize of $20,000.

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Apart from the prize money received, different endorsement deals contribute to his income. Over 11 companies have signed him, including Grubhub and Airweave. The deals don’t end there as he has signed different companies like Toyota, Comcast, Niek, Bridgestone, and Visa. It’s reported that Chen earned around $1 million from his sponsors in the last 12 months. As he won the gold medal at the Winter Olympics, he earned $37,500 from the U.S. Olympic and Paralympic Committee. He is also a part of the NFT drop with the help of a game developer, nWay, and earns income after that.

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Nathan Chen is going places

With Chen winning different competitions, his stock is rising. He is becoming one of the best figure skaters in the world while he looks to improve on his craft. As of right now, he was a part of a fantastic group of figure skaters who performed remarkably well. Thus, it is looking good for the stunning figure skater.

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Moreover, he created the world record in the short program by scoring over 113.97 points. At the end of the day, Chen’s net worth will certainly increase with the current scenario. He is fast becoming a stunning figure skater and going places.

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Jacob Gijy

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Jacob Gijy is a US Sports and NBA writer at EssentiallySports. Gijy finished his Masters in Counselling Psychology and worked in a hospital for 2 years before his passion for sports compelled him to find his way to sports journalism. A fan of the great Tim Duncan, he is always ready to pick up a debate with anyone who does not offer the center the respect he deserves.
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