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Time of India
8 hours ago
- Business
- Time of India
Diogo Jota net worth: This is how much the Liverpool and Portuguese football star was earning before his death
Liverpool FC forward Diogo Jota and his brother Andre Silva passed away on July 3 because of a car accident in northwestern Spain, ending his promising career at just 28 years of age, as per a report. His celebrity net worth was estimated to be about $18 million at the time of his death, as reported by Finance Monthly. Liverpool FC Forward Diogo Jota Dies in Tragic Car Accident Alongside Brother Andre His tragic incident, which authorities are currently investigating but, as per initial analysis, occurred late at night in adverse weather conditions, just days after a brilliant season for both Liverpool and the Portuguese national team, according to the report. He had played a part in Liverpool winning their 20th league title and also played a part in Portugal winning the UEFA Nations League last month, as per an report. ALSO READ: South Korea faces dramatic population crash, could have just 7.5 million people by 2125 by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The 20 Most Expensive Cars Of All Time Undo A Star On and Off the Pitch While Jota was mainly known for his role as a forward for Liverpool FC, he also had a presence in the esports world, along with collaborating on charity and promotional projects with high-profile artists like Dua Lipa and Ed Sheeran, according to the Finance Monthly report. Football Earnings and Contract Details The footballer's fortune was created via his football career, along with endorsements and smart business ventures, as per the report. Live Events Jota's contract with Liverpool FC, which was signed in 2020 and again renewed in 2023, reportedly paid him a base salary of about $7 million annually, as well as performance bonuses adding almost $2 million per year, as reported by Finance Monthly. In the past five years, his total earnings from the contract were estimated to be $45 million, according to the report His cost of transfer from Wolverhampton Wanderers to Liverpool in 2020 was valued at about $45 million, as per the Finance Monthly report. ALSO READ: Diddy and the Mann Act: What the law says and why he's not guilty of trafficking Endorsements and Esports Ventures He also earned through endorsement deals with brands such as Nike and EA Sports, getting an estimated $1.5 million annually, which also included campaigns linked to his esports interests, according to the report. Jota's esports investments and competitive play added about $3 million to his portfolio, as per the Finance Monthly report. Liverpool FC's Statement Jota's sudden death has left a profound impact on the football and esports communities and his fans across the world, as per the report. Liverpool FC released the following statement after his tragic death, "Liverpool Football Club are devastated by the tragic passing of Diogo Jota. The club have been informed the 28-year-old has passed away following a road traffic accident in Spain along with his brother, Andre. Liverpool FC will be making no further comment at this time and request the privacy of Diogo and Andre's family, friends, teammates and club staff is respected as they try to come to terms with an unimaginable loss. We will continue to provide them with our full support," as quoted by the Finance Monthly report. FAQs How did Diogo Jota die? Jota and his brother Andre were killed in a car accident in northwestern Spain on July 3, 2025, and initial reports suggest that the crash happened late at night during poor weather conditions, as per the report. What was Diogo Jota's net worth when he passed away? His estimated net worth was around $18 million, according to Finance Monthly.
Time of India
a day ago
- Business
- Time of India
South Korea faces dramatic population crash, could have just 7.5 million people by 2125
South Korea's Worst-Case Scenario: Just 7.5 Million People by 2125 Live Events Aging Population to Outnumber Working-Age Adults Younger Koreans Prioritize Stability Over Family Life FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel South Korea's population may shrink to only 15% of where it stands today by 2125 if the current trend of demographic decline continues, found a private research institute in Seoul, as per a Korean Peninsula Population Institute for Future estimated that under its worst-case scenario, the nation's population would decline from 51.68 million today to only 7.53 million by 2125, which is less than the number of people currently living just in the city of Seoul, as per The Korea Herald report. Even in the most optimistic scenario, the population would decline to less than a third of its present size, at just over 15 million, according to the report. While the median projection for the 2125 population is 11.15 million people, as per the research also found that the rapidly increasing pace of population fall in the median scenario would see the population drop 30% by 2075 and then by more than half over the following 50 years, according to The Korea READ: Vinod Khosla's dire warning: AI could wipe out 80% of jobs and crush Fortune 500 giants by 2030 The institute used a cohort component method to find the latest long-term forecast of Korea's demographic trends over the next century, as per the report. The method is an internationally recognised technique that estimates future populations by incorporating factors like birth rates, mortality rates and immigration patterns, reported The Korea to the report, the drop in population is because of falling birth rates and also due to a compounding effect; with fewer people in each successive generation, the pool of potential parents shrinks, further accelerating the research found that even the ageing crisis is expected to deepen, and in 75 years, the worst forecast is that for every 100 people of working age, defined as 15 to 64 years old, there will be 140 seniors aged 65 or older, as reported by The Korea present, 100 working-age individuals support about 30 senior citizens, which indicates that South Korea is on track to become an 'inverted pyramid' society, where the number of dependents will outnumber those who provide support, according to the READ: Diddy and the Mann Act: What the law says and why he's not guilty of trafficking The research also mentioned details of a social sentiment analysis based on some 60,000 posts from the workplace community app Blind, which focused on the thoughts of people in their 20s to 40s about marriage and childbirth, as per the findings of Blind show that younger generations now prioritise 'money' and 'housing' over 'love' when discussing marriage, reported The Korea Herald. Financial burdens were a key concern in the conversations regarding childbirth, as per the study concluded that decisions on marriage and parenting are increasingly influenced by economic conditions, rather than personal preference, according to The Korea READ: Diddy verdict in — you won't believe his net worth or how he's paying those massive legal bills Because fewer people are having children, and each smaller generation means even fewer parents in the between 7.5 million (worst-case) and 15.7 million (best-case), down from 51.7 million today, as per the Korea Herald report.
