“I conveyed to Kylian Mbappe that charitable contributions should only amount to less than 30% of the company’s profits,” stated Mrs. Lamari in an interview with Le Parisien. She further revealed that if the threshold was exceeded, she would retire and no longer oversee the financial management for it, opting instead to enjoy a vacation in the Maldives.
Mbappe is renowned for his philanthropic endeavors, consistently donating funds to various charitable causes. A notable example was when he selflessly donated his entire World Cup 2018 bonus of £380,000 to his own charity foundation, “Inspired by KM.” This foundation currently supports 49 boys and 49 girls in Paris, aged between 9 and 16, ensuring their well-being until they secure employment.
While Mbappe’s charitable acts are widely recognized, his mother has played a crucial role in negotiating his long-term contracts with Paris Saint-Germain in recent years. Additionally, she oversees his financial assets and makes decisions regarding his sponsorship deals and playing contracts.
According to Forbes magazine, Mbappe has accumulated a considerable fortune of £94 million through lucrative advertising deals and substantial salaries. Impressively, at least one-third of this amount has been dedicated to charitable causes through his company.
Established in 2020, Mbappe’s charity foundation operates on four fundamental principles: promoting education, fostering understanding, encouraging sharing, and preserving knowledge for future generations.
Initially, Mrs. Lamari proposed a 50% donation threshold, but ultimately, an agreement was reached to limit contributions to 30% of the company’s profits.
According to Marca (Spain), the funds allocated will support children through language courses, cultural excursions, sports activities, and enhanced educational programs.