Ralf Schumacher net worth: Ralf Schumacher is a retired German racing driver with a net worth of $30 million. He is the younger brother of seven-time Formula One World Champion, Michael Schumacher. His Formula One career spanned 11 seasons, during which time he won six races from 180 starts and achieved 27 podium finishes. Schumacher was born in Hürth, North Rhine-Westphalia. He started racing at age three on his parents' go-kart track where he grew up in Kerpen, located about 30 miles outside of Cologne. After finishing runner-up in the national karting series, Schumacher graduated to the German Formula Three championship in 1995. Finishing runner up in this series was not the highlight of the year for him though, as he also won the Macau street race, a feat also accomplished by his brother Michael. In the race, he beat future F1 teammate Jarno Trulli, Pedro de la Rosa and Norberto Fontana, the driver he finished runner-up to in the German Formula 3.
Schumacher then moved on to the Japanese Formula Nippon series in 1996, which he won, earning himself a Formula One drive with Jordan for the following year. He made his Formula One debut in 1997 with the Jordan team and qualified twelfth on the grid in his first race. In 2008, Jordan was powered by Honda and Schumacher proved capable of race wins when he followed teammate Damon Hill to second place in the rain-soaked Belgian Grand Prix. In 2004, Schumacher was seriously injured in an accident at the United States Grand Prix. He sustained a concussion and two minor fractures to his spinal column. He was taken to a nearby hospital and spent almost four days there, followed by several months of bed rest. He crashed in almost the same manner in 2005, revealing the tire troubles that plagued the 2005 US Grand Prix.
From 2005 to 2007, Ralf Schumacher remained with the Toyota F1 team but retired from Grand Prix racing after failing to secure a drive for 2008. He made the switch to the Deutsche Tourenwagen Masters series, competing in five seasons with Mercedes before announcing his retirement from motorsport ahead of the 2013 season. In March of 2013, Ralf Schumacher decided to retire from motor racing, and switched to a managerial role in the DTM instead. Schumacher had been announced as one of Mercedes' six drivers for the 2013 season, but just two months ahead of the first race at Hockenheim he informed the outfit that he no longer wished to continue competing. Instead, he plans to take on management responsibilities with Mucke Motorsport. Mercedes also recruited him to help out with coaching duties for the young drivers in its DTM squad. In October of 2001, Ralf Schumacher married Cora-Caroline Brinkmann, and the couple has one son named David.