Tennis Icon Roger Federer Becomes Seventh Ever Billionaire Athlete, Forbes Says - WSVN 7News | Miami News, Weather, Sports
Roger Federer's $1.1 billion net worth stems from his tennis earnings, endorsement deals including $150 million with Nike, and diversified investments in brands like On and Team8, Forbes reported.
- Roger Federer, the Swiss tennis legend with 20 Grand Slam titles, has reached billionaire status with an estimated net worth of $1.1 billion, placing him among the wealthiest athletes in the world.
- Federer's milestone resulted from his successful tennis career, sponsorships, and a key 2019 investment in Swiss sportswear brand On that grew rapidly.
- Federer holds a 3% stake in On, whose NYSE debut in 2021 valued the company near $15 billion, making his share worth over $375 million.
- He said he saw "huge potential in the brand" and felt it was right to support something he truly believed in, crediting On for boosting his fortune.
- Federer's earnings and investments beyond court winnings, including deals with Uniqlo and Mercedes-Benz, suggest his legacy extends well beyond tennis.
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Roger Federer Cracks Forbes' Billionaire List
Roger Federer has officially joined the billionaire athletes' club, per Forbes, becoming only the seventh sports figure to reach the milestone. The 20-time Grand Slam winner, who hung up his racquet in 2022, is now estimated to be worth $1.1 billion—in large part due to his investment in...
Roger Federer has made it: The tennis maestro is now a billionaire – thanks to smart investments and lucrative promotional deals off the court.
Roger Federer ascends to billionaire status
Roger Federer, the legendary Swiss tennis star, has officially joined the exclusive billionaire club. Forbes revealed that Federer’s net worth now stands at around $1.1 billion (approximately R18.3 billion). ROGER FEDERER BECOMES A BILLIONAIRE This milestone comes from a combination of his sporting success and savvy business investments. Roger Federer, 44, is among the greatest tennis players of all time. Across his 24-year career in professiona…
By Jamie Barton, CNN Tennis icon Roger Federer has become the seventh billionaire athlete in history, according to estimates published by Forbes on Friday. The Swiss star, who retired from the sport in 2022, is now believed to have a net worth of $1.1 billion, boosted by his minority stake in the Swiss footwear and clothing brand On. Having accumulated around $1 billion in off-court activities during his career, Federer was the highest-paid tenn…
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