Michael Schumacher: the difficult decision of the former Formula One champion's wife

Michael Schumacher's wife Corinna Bach is very secretive about her husband's current state of health, but she still has important decisions to make about his life.

According to The Sun, after Schumacher's accident, Corinna gained the responsibility of managing the family's assets. However, she sold a large chunk of their family assets in order to keep up with the steep medical costs, which are estimated to be around €7 million (£5.6m/$7.5m).

Furthermore, according to The Sun, one of the first assets to be sold was the family vacation home in Norway, which sold for €2.9 million (£2.4m/$3.1m) in 2015.

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In 2015, the family went on to sell other properties alongside their private jet, which earned them around €35 million (£29m/$38m) according to ABC.

The sale of properties has become an important outlet to address the health needs of Michael Schumacher, who moved from the Lausanne hospital center, where he was, to his mansion in the Swiss city of Gland, where Corinna created an authentic 'private hospital' just for him.

Furthermore, the Spanish publication (ABC) highlights how the family would later sell the mansion for €58.7 million (£49m/$63.7m) before moving to Mallorca.

In 2024, Corinna organized an auction of eight of Michael Schumacher's watches in Switzerland. Jewels earned his family another €4 million (£3.4m/$4.3m) that will also be used for his treatments.

Now in May, the family is set to receive an extra income of 200,000 euros (£170k/$217k) - perfect for their care - after winning a lawsuit against the editors of the German magazine Die Aktuelle, from the Funke media group, for publishing an interview with Schumacher generated with Artificial Intelligence.

But, in addition to expenses, Corinna has also invested money in other properties. In February 2019, Bild reported that Corinna had acquired another mansion in Mallorca (Spain), Villa Yasmín, which belonged to the president of Real Madrid (Florentino Perez) and is located in the Las Fincas de Andratx.

According to the German magazine Die Bunte, the former pilot would have bought another property of more than 54,000 square meters in the Port of Andratx (Mallorca) for €2.8 million (£2.3m/$3.3m).

This entire situation stems from the accident that Schumacher suffered on December 29, 2013, while skiing in the Méribel resort, in the French Alps. There he was enjoying his Christmas holidays, on the verge of retirement when tragedy struck...

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The former Formula 1 driver hit his head at very high speeds and was very close to death. According to Advanced Neurosurgery Associates, "he [Schumacher] sustained life-threatening head injuries after falling onto a rock. Despite the fact he was wearing a helmet and is an experienced skier."

From there he was transferred to the Grenoble-Alpes University Hospital, where he was diagnosed with significant brain injuries, for which he was forced to undergo several operations, while he was kept in an induced coma.

Schumacher's hospital journey would end with him returning to his mansion to receive treatment there. Corinna ensured the former Formula 1 champion had everything he would need, amounting to €140,000 (£120k/$151k) weekly cost!

In September 2019, according to the newspaper Le Parisien, the seven-time Formula 1 world champion would go to the Georges Pompidou European Hospital in Paris to receive a "secret treatment" which it was noted could be related to the use of mother cells.

Since then, little to nothing has been known about the health condition of Michael Schumacher. He continues his uphill battle in hopes of a full recovery.

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