DAVID BECKHAM BECOMES BRITAIN’S FIRST BILLIONAIRE SPORTSMAN

That moved them into second place in the list of the United Kingdom’s wealthiest sportspeople, behind the family of ex-Formula One chief executive Bernie Ecclestone, whose wealth was valued at 2 billion pounds ($2.7bn).

Beckham, who retired from playing in 2013, is a co-owner of Inter Miami, estimated to be Major League Soccer’s most valuable club at 1.07 billion pounds ($1.4bn).

The 51-year-old also has lucrative brand ambassador roles for companies including Adidas and Hugo Boss.

Beckham captained England and won the Premier League and Champions League during a glittering career with United, before spells at Real Madrid, LA Galaxy, AC Milan and Paris Saint-Germain.

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Victoria Beckham’s wealth has largely been generated from her fashion label after she originally found fame as a member of pop band The Spice Girls.

While the Beckhams saw their wealth grow over the last 12 months, Ratcliffe, the co-owner of Beckham’s former club, has dropped down the overall Rich List from seventh to ninth.

His fortune shrank by £1.85 bn, according to the list compilers, to £15.194bn.

The list compilers lowered the value of his petrochemicals company Ineos to £17bn owing to “rising debt, falling revenues and a loss of £515.7million”.

That was less of a drop compared to the year before, when the list compilers said his wealth plummeted by over £6bn.

Joining Beckham on the richest sportspeople list are promoters Barry and Eddie Hearn, whose combined wealth was estimated at £1.035bn.

Barry Hearn is the founder and president of Matchroom Sport, one of the leading promoters across boxing, darts and snooker. His son Eddie is the chairman of Matchroom and is best known as the public face of its boxing division.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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