Fred, a Brazilian former footballer, boasts a net worth of $20 million. He had a successful career, winning several league titles and earning a significant amount in salaries and bonuses.
Brazilian former professional footballer Frederico Chaves Guedes, better known as Fred, has amassed an impressive net worth of $20 million. During his illustrious career, which spanned five clubs between 2003 and 2022, Fred won three league titles with Lyon and two with Fluminense. Additionally, he played for the Brazil national team from 2005 to 2014, claiming victory in the 2007 Copa América and the 2013 Confederations Cup. Fred earned approximately €43.8 million between 2013 and 2023 solely from his salary. His earlier deals, including his transfer to Lyon in 2005, likely propelled his total career earnings beyond €50 million when considering bonuses and endorsements. His weekly wages in recent seasons fluctuated between €100,000 and €135,000, making him one of Brazil's most financially successful footballers. Born on October 3, 1983, in Teófilo Otoni, Brazil, Fred began his footballing journey in 2001 with the youth team of América Mineiro. He joined the senior team in 2003 and stayed with them until the midpoint of the 2004 season. Fred subsequently moved to rival club Cruzeiro, where he played until 2005. Fred's career breakthrough came with the French Ligue 1 club Lyon, which he joined for the 2005-06 season. That season, he tied as the league's second-top goalscorer with 14 goals, helping Lyon secure the Ligue 1 title. Fred contributed to the club's back-to-back league titles in the 2006-07 and 2007-08 seasons. In the 2008-09 season, he participated in 15 matches before requesting to leave Lyon, and he was ultimately released at the end of February in 2009. Following his departure from Lyon, Fred returned to Brazilian football and signed with Fluminense. He scored twice on his debut in March 2009, and ultimately helped Fluminense avoid relegation. In 2010, despite missing over 20 games, Fred led Fluminense to the Série A title. He continued his success over the ensuing seasons, and in 2012 led Fluminense to another Série A title as well as the Campeonato Carioca title. Fred also won the Bola de Prata in both 2011 and 2012. His first tenure with Fluminense concluded in 2016. In mid-2016, Fred signed a two-year contract with Atlético Mineiro. He had an impressive first season with the team, tying for first place as the top goalscorer in the league with 14 goals. This marked Fred's third season as the top goalscorer in Série A. He played one more season with Atlético Mineiro in 2017, and won the Campeonato Mineiro. At the end of that year, Fred and the club mutually terminated his contract. Fred returned to his former team Cruzeiro in early 2018. That year, he helped the club win both the Campeonato Mineiro and the Copa do Brasil. Fred and Cruzeiro won another Campeonato Mineiro in 2019. In mid-2020, Fred returned to another former team, Fluminense. He played three seasons with the team to conclude his career, and won another Campeonato Carioca in his final season in 2022. Fred subsequently retired due to diplopia and some other physical ailments. He finished his career as the second-top goalscorer in Fluminense club history, with 199 total goals across both of his stints with the club. Fred made his debut for the Brazil national football team in late 2005, scoring twice in a friendly victory over the United Arab Emirates. He went on to play in the 2006 FIFA World Cup, where he scored as a substitute in a victory over Australia in the group stage. Brazil was ultimately eliminated in the quarterfinals. Fred subsequently played on the Brazil squad that won the 2007 Copa América. He was later a member of the squad that won the 2013 Confederations Cup. In that tournament, Fred tied as the top goalscorer, with five goals. He went on to make his second FIFA World Cup squad in 2014. Fred scored once in the tournament, and received jeers during Brazil's historic defeat to Germany in the semifinal. After Brazil lost to the Netherlands in the match for third place, Fred announced his retirement from international football.