richest ex-gymnast?

Li Ning?

… winning 6 medals at the 1984 Los Angeles Olympics, including 3 gold medals …. In 1982, he won six of the seven medals awarded at the Sixth World Cup Gymnastic Competition, earning him the title “Prince of gymnastics”.

Now, he has become even more famous in China. I have been told that he became a billionaire after he took his footwear and sporting apparel company public. The Li Ning brand is basically like the Nike of China. I have seen people all around the streets of Beijing wearing his shoes and apparel. Apparently he has just signed an endorsement deal with Shaquille Oneal. Looks like we might starting seeing the Li Ning brand in the United States. …

Steve McCain – Gymnast.com

I’ve seen Li Ning’s fortune listed as high as $1.2 billion. Certainly that’s going to go UP, UP, UP after Li Ning was chosen to light the Olympic Flame.

Li-Ning-flame.jpg
source

But it might be that Magnus Scheving from Iceland is even richer. He was two-times European Champion of Aerobics in 1995 and 1994 as well as silver medalist in the World Championships of Aerobics.

… CEO, creator, and co-founder of LazyTown Entertainment. This company produces books, videos, games, and sporting goods to help promote fitness and a healthy lifestyle to children. He is also creator of the show LazyTown (Latibær in Iceland), where he plays Sportacus (Íþróttaálfurinn). …

Magnus-Scheving.jpg

Billionaire ex-gymnast

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Rick Mc

Career gymnastics coach who loves the outdoors, and the internet.

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