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Badminton · 2018

P.V. Sindhu

World title year plus Forbes-tracked Indian endorsement portfolio

India · Sindhu and the India boom

Nominal vs present value

Peak-year total
$8.5m total (Forbes 2018 highest-paid female athletes: mostly Indian endorsements + modest BWF prize money)
Present value
$10.6m (2024) · $10.6m

Local display: $10.6m · Rebased to 2024 USD via US CPI-U

How the total breaks down

BWF prize money
5%
Indian endorsements
95%

BWF prize money. World Championship gold year still produced only a thin on-court slice.

Indian endorsements. Li-Ning and a wave of banking, paint, auto and consumer deals Forbes put near $8m.

Impact 98

  • First badminton player to crack Forbes' global female earnings elite
  • Proved Indian Olympic fame could mint tennis-scale endorsement totals
  • Reset every commercial negotiation for South Asian shuttlers after Rio

Sindhu's 2018 Forbes ranking was a category event for badminton: suddenly a shuttler sat beside tennis and golf names on a global pay list. Indian brands had decided Olympic badminton was mass-market, and the sport's South Asian economics have not looked the same since.

Forbes put Sindhu at $8.5 million for 2018, seventh among the world's highest-paid female athletes, almost entirely from Indian endorsements after her Rio silver and World Championship gold. On-court pay was a footnote. No badminton peak on this list is more important commercially: she proved the sport could mint Forbes-scale money when the right home market decided an Olympic shuttler was a national advertising face.

Pay eras →