Tennis star Maria Sharapova, the world's richest sportswoman, has been named as Russia’s highest-earning celebrity for the fourth consecutive year by the Forbes magazine.
Sharapova's income is $22 million, according to Forbes, but her earnings are expected to drop sharply this year after sponsors such as Porsche and Tag Heuer ended their relationship with the five-time grand slam champion following her admission in March that she had tested positive for the banned substance meldonium.
The two-year ban from tennis she received last month will also see her miss out on tournament prize money which earned her more than $3 million in 2015. Sharapova is appealing the ban.
Russia’s 50 richest celebrities from the worlds of music, sport and cinema collectively earned $164 million in 2015-16, down from $174 million the year before.
The second-highest earner on the list is NHL ice hockey star Alexander Ovechkin with an income of $12 million, with Sergei Shnurov, lead singer of the Leningrad music group, in third place with $11 million.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.