Katarina Witt Net Worth 2022 – Salary, Income, Earnings

Katarina Witt Net Worth

Katarina Witt has an estimated net worth of $9 million. East German figure skater Katarina Witt dazzled audiences with her beauty and charisma en route to four World Championships and two Olympic gold medals. She earns most of her income from her career as a figure skater. 

During the Cold War, Katarina Witt won a figure skating title and became a symbol of her country’s government. She won two gold medals at the Olympics and six European Championships between 1983 and 1988. Witt went on to tour professionally, make a big name for herself in the movie Playboy, and get involved in other kinds of entertainment.

To calculate the net worth of Katarina Witt, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of her net worth:

Name: Katarina Witt
Net Worth: $9 Million
Monthly Salary: $100 Thousand
Annual Income: $2 Million
Source of Wealth: Businessperson, Figure Skater, Model, Actor

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Early Years

Witt was born in Karl-Marx-Stadt, East Germany, on December 3, 1965. She started skating when she was 5 years old and joined the Karl-Marx-Stadt Sports Club and School’s intensive program soon after. At age 9, she started working with the famous East German skating teacher Jutta Müller. She taught the young skater how to add her own charm to her performances.

Competitive Career

At the 1981 East German National Championship, Witt won her first big race. The next year, she won silver at both the European and World Figure Skating Championships. In 1983, she became the first person to win the European Championship six times in a row, which tied a record.

Witt became famous around the world when she won the gold medal at the 1984 Winter Olympics in Sarajevo, Yugoslavia, by beating Rosalynn Sumners by one-hundredth of a point. Sumners was the favorite to win.

She was the best at her sport for the next five years. She had great technical skills and a great sense of showmanship that wowed the judges and the crowd. Because of her success and striking looks, she was called “the most beautiful face of socialism.” However, her fame also made the Stasi, East Germany’s secret police, pay more attention to her.

Along with her streak of wins at the European Championships, Witt won four World Championships from 1984 to 1988. The only time she didn’t win was in 1986, when she lost to American Debi Thomas. At the 1988 Winter Olympics in Calgary, Alberta, Canada, Witt and Thomas both did long routines to Georges Bizet’s opera Carmen. Witt beat her rival to become the first woman to win consecutive gold medals in singles figure skating since Norway’s Sonja Henie in 1936.

Witt quit competitive amateur skating after winning her last World Championship in 1988, but she came back to qualify for the 1994 Winter Games in Lillehammer, Norway. Her free-skate routine was a memorable tribute to war-torn Sarajevo, where she made her Olympic debut in 1984. Even though she came in seventh overall, this was a routine that people will always remember.

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Professional Pursuits

When the socialist regime in East Germany fell apart in the late 1980s, Witt was free to pursue a wide range of professional interests. She was in the HBO movie Carmen on Ice in 1990 with Olympic medalists Brian Boitano and Brian Orser. The movie won a Primetime Emmy Award for the three of them in September of that year. Witt and Boitano also put on a three-year show called Witt and Boitano Skating, which was one of the few ice shows at Madison Square Garden to sell out.

Together with Elisabeth Gottmann, Witt started the production company WITH WITT Sports & Entertainment GmbH in 1995. She also moved into mainstream acting with roles in the movies Jerry Maguire (1996) and Ronin (1998) and on popular TV shows like Frasier and Everybody Loves Raymond.

The skating queen posed naked for the December 1998 issue of Playboy. It was only the second issue in the magazine’s history to sell out, after the first issue with Marilyn Monroe, which sold out in 1953.

Only With Passion, Witt’s autobiography, came out in 2005. That same year, she started the Katarina Witt Foundation to help disabled children and teens. In 2008, she did her last professional show, but she continued to help other skaters on her German reality show Stars on Ice and the British competition Dancing on Ice.

Witt was the focus of the 2013 documentary The Diplomat, which told the story of her rise to fame and her tense relationship with the East German government, which treated her well but kept a close eye on her.

Further Reading

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