Oscar Pistorius, the renowned South African runner, is set to be released from prison on January 5, 2024, after serving part of his sentence for murder.
Before his downfall, Pistorius, who was born with a congenital defect and had both feet amputated at 11 months old, established himself as a sprinter of international repute. He competed in both the Paralympics and Olympics, earning a reputation as an inspirational figure in sports. His achievements included six Paralympic gold medals, one silver, and a bronze.
Historic Debut in Olympics
One of Pistorius' most notable feats was his participation in the 2012 Olympics. He became the first amputee runner to compete at the Olympics, making history in the process. Although he didn't win any medals, Pistorius had the honor of carrying the South African flag in the closing ceremony of the games.
From Wealth to Financial Disarray
At the peak of his career, Pistorius garnered a net worth estimated at million in 2013. This wealth was not only due to his athletic successes but also his lucrative endorsements and sponsorships from major brands such as Nike and Oakley. These deals were said to be worth over million per year.
Despite this seemingly abundant wealth, Pistorius had been grappling with financial pressures even before his incarceration. By 2014, he was reported to be financially broke.
The Crime that Shattered His Career
In a shocking turn of events, Pistorius was charged with the murder of his girlfriend, Reeva Steencamp, whom he shot on Valentine's Day 2013, alleging that he mistook her for an intruder. His dramatic fall from grace began in 2016 when he was handed down a sentence of 13 years and five months in prison.
Life After Prison
The murder conviction not only cut short Pistorius' illustrious career but also led to a significant loss of income. His sponsors, including Nike and Oakley, severed ties with him. His primary sources of income dwindled, although he maintained some financial stability through directorial roles in numerous companies, including family businesses.
Predictions for his financial status post-prison are stark, with his estimated net worth expected to be ,000 upon release. Pistorius' narrative serves as a stark reminder of how a fall from grace can dramatically alter one's life trajectory.