Arantxa Sanchez Vicario Net Worth
Arantxa Sanchez Vicario has been a world-renowned tennis star for more than a decade. She was crowned ITF World Champion in 1994 and won four Grand Slam titles. At one point, she ranked number one in the world. But her tennis career has been tarnished by allegations of fraud and tax evasion.
The former world no 1 is alleged to have transferred assets to avoid a debt to the Banque de Luxembourg. Her ex-husband, businessman Josep Santacana, is also accused of running a scheme to get around the bank. And prosecutors in Barcelona have asked for a four-year prison term for Santacana, who has a home on the Costa Brava.
During her professional career, Arantxa Sanchez Vicario earned a combined total of $96 million. In addition, she won four Grand Slam singles titles and six women’s doubles titles. That means she has the 22nd-highest total earnings in the history of women’s tennis. However, her earnings are said to have been exaggerated.
Arantxa Sanchez Vicario began playing tennis when she was only four years old. In 1989, she was the youngest ever women’s singles champion at the French Open. After her victory, she defeated Steffi Graf in the final. Although she had less natural talent than Gabriela Sabatini, Sanchez Vicario made up for it with her courage.
In 2009, Sanchez Vicario was found guilty of tax evasion. The resulting fine was a little over EUR5.2 million. She was ordered to pay the money back to the Bank of Luxembourg, but the country was unable to collect the amount. It is now claiming the money and has taken the case to court.
Arantxa Sanchez-Vicario represented Spain in international tennis competitions, including the Fed Cup. She was also named as the captain of the Spanish team in December. However, she has had a complicated personal life since retiring. In February, she was named in a lawsuit against her parents and brother. They are allegedly responsible for a $60 million scam.
Arantxa’s father suffered from Alzheimer’s and was not allowed to enter his house. Nevertheless, she claims she worked under his instructions. Since 2010, the Bank of Luxembourg has been claiming millions of euros from the Sanchez family.
The Bank of Luxembourg was able to recoup part of the money by re-establishing a guarantee agreement with the Sabadell bank. The other part of the money was deposited with the Treasury. As a result, the former world no 1 was unable to recoup the full amount.
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Among the many issues facing Sanchez Vicario are her divorces from her parents and brother. She and her ex-husband, businessman Santacana, have two children. One of the children, Leo, is reportedly suffering from a neurological disorder.
Sanchez Vicario is a well-known social media user and has official social media accounts. In recent years, she has been a coach for Caroline Wozniacki. Currently, her estimated net worth is $2 million. This is based on various online sources.
She has also appeared in Reebok commercials.