Neeraj Chopra Net Worth 2024: Salary, Cars and Investments

From an Army to the most officer to the most searched person in the world, the golden boy Neeraj Chopra has been in the limelight since he won the Olympic Gold Medal. Neeraj Chopra net worth, cars & bikes, awards, achievements, investments and endorsements, you will come to know all the important things here. 

Neeraj Chopra, a renowned track and field athlete, comes from a simple and humble family in a small village in Panipat, Haryana. He became a national hero by winning a Gold Medal in the javelin throw, which got him praise and many brand endorsements. As a result, Neeraj Chopra net worth is around $4.5 million, which is around INR 35-37 crores. 

Early Life Of Neeraj Chopra 

Neeraj Chopra, the pride of Indian athletics, was born on December 24, 1997, in a village named Khandra in Panipat district, Haryana, India. His parents, Satish Kumar and Saroj Devi, raised him alongside his two sisters. Neeraj hails from a family deeply rooted in agriculture, which too significantly contributes to Neeraj Chopra’s Net Worth. 

Neeraj completed his primary education at a local school and later pursued his higher studies at Dayanand Anglo-Vedic College in Chandigarh. In 2021, he started his further education with a Bachelor of Arts degree at Lovely Professional University in Jalandhar, Punjab. Neeraj’s exceptional talent and outstanding performances caught the attention of the Indian Army following his remarkable showing at the South Asian Games. Recognizing his immense potential, the Indian Army offered him a direct appointment as a Junior Commissioned Officer (JCO) in the prestigious Rajputana Rifles, bestowing him with the rank of Naib Subedar. [The average salary of Indian army joint commissioned officer Naib Subedar salary is ₹45,000. We have taken into account all sources of earnings to figure out Neeraj Chopra’s Net Worth accurately.] 

Financial Rewards Contribution To Neeraj Chopra Net Worth

Here is the list of prize money list that adds to Neeraj Chopra net worth, which started receiving right after winning the medal in the Olympics 2020: 

• The Haryana government awarded Neeraj Chopra a six crore cash reward and a class I category state government job.
• The Punjab government announced a cash reward of two crores for Chopra’s remarkable achievement.
• The Manipur cabinet decided to extend a reward of one crore to the Olympic gold medallist.
• The Board of Control for Cricket in India (BCCI) also acknowledged Chopra’s success and announced a cash reward of ₹1 crore.
• IPL franchise Chennai Super Kings (CSK) expressed their appreciation by declaring a one crore reward for the talented javelin thrower. CSK also came up with a special jersey with the number 8758, paying homage to Neeraj Chopra.
• Leading Indian airline IndiGo expressed their admiration by offering Neeraj Chopra unlimited free travel for one year. 
• Renowned businessman Anand Mahindra has promised to gift Neeraj Chopra the upcoming SUV XUV700 as a token of his admiration for the gold medallist.
• Major Edtech company BYJU celebrated Neeraj Chopra’s achievement by announcing a cash reward of ₹2 crores.

Neeraj Chopra Salary 

Neeraj Chopra earns 30 lakhs monthly income, making it four crores per annum, which makes Neeraj Chopra net worth to be around $4.5 million. 

Neeraj Chopra Brand Endorsements 

Neeraj Chopra is not just confined to having a single source of income; he has multiple sources through which he earns a lot. He has been getting a lot of offers from well-known brands. Currently, he is the face of famous companies, including BYJU’s, CRED, Tata AIA Life Insurance, JSW Sports, Gillette, Nike, Gatorade (a sports drink), Exon Mobil, Muscle Blaze, etc. Each year, he earns crores from these brand endorsements, which greatly adds to Neeraj Chopra’s net worth.

Neeraj Chopra Bikes And Cars Collection 

Neeraj Chopra is not a fan of luxury. Despite becoming so successful, he still believes in living a moderate life. Although he has a good collection of cars in his garage like – Mahindra Thar, Mahindra XUV700, Range Rover Sport, Ford Mustang GT, and Toyota Fortuner and bikes, he owns a Harley Davidson 1200 Roadster and Pulsar 220 F. 

Income Sources Of Neeraj Chopra 

Neeraj Chopra has so many sources of income that play a major part in contributing to Neeraj Chopra net worth, which can be summarised as follows: 

• Competition earnings: Neeraj participates in competitions worldwide, and his exceptional performances may lead to performance-based bonuses and incentives from sports organisations and federations. These financial rewards further contribute to his income.
• Brand endorsements and sponsorship deals: Neeraj Chopra has partnered with prominent companies like IndiGo and BYJU’S, among others, through lucrative endorsement and sponsorship agreements, capitalising on his popularity and inspiring journey.
• Government employment: As a government employee, Neeraj holds the rank of Subedar in the Indian Army. This ensures a stable income and additional perks contributing to his financial security.
• Appearance fees and speaking engagements: Neeraj has the potential to generate income through appearance fees for events and speaking engagements. His presence as an Olympic gold medallist and celebrated athlete adds value to such arrangements.

Apart from this, interest on his earnings is one of the significant factors which contributes to Neeraj Chopra’s net worth.

Neeraj Chopra Net Worth In 2024: Prediction

By the end of 2023, Neeraj Chopra net worth is expected to be more than $5 Million. 

Investments By Neeraj Copra 

Neeraj Chopra, the Indian Olympic champion in javelin throw, has not only achieved success on the field but has also displayed a keen interest in making smart investments. With a total investment of ₹7.5 crores across various ventures, Chopra has shown a diverse investment portfolio, which keeps adding value to Neeraj Chopra’s net worth.

His investments span different sectors, including Edtech, Business Support Services, and Community and Lifestyle. One of the notable companies he has invested in is One Impression, which focuses on advertising, brand building, and brand management.

Brief Information About Neeraj Chopra 

FAQs

Who funds Neeraj Chopra’s training?

Neeraj Chopra, his coach Klaus Bartonietz, and his physiotherapist will have their airfare, boarding and lodging, medical insurance, and local transportation costs, among others, covered by the TOPS funding.

What is Neeraj Chopra net worth in Rupees?

Neeraj Chopra net worth in Rupees is 37 crores

How many followers does Neeraj Chopra have on social media?

Neeraj Chopra’s Social media following is as follows: 

• Instagram - 6.2M 
• Twitter - 922K 
• Facebook - 935K

As per TribuneIndia, Neeraj Chopra’s social media valuation was around 428 crores, increasing since then. 

How much money was spent on Neeraj Chopra training?

As per information disclosed by the Sports Authority of India, the government allocated Rs 4.85 crore for Neeraj Chopra's training and international competitions abroad during the 450-day period preceding the Tokyo Olympics.