US EditionTennis Icon Roger Federer Becomes Seventh Ever Billionaire Athlete, Forbes Says
Roger Federer's $1.1 billion net worth stems from career earnings, endorsements, and business investments, including a significant stake in Swiss brand On, Forbes reports.
- On Friday, Forbes declared tennis legend Roger Federer a billionaire, estimating his net worth at $1.1 billion.
- Federer accumulated much of his wealth through roughly $1 billion from endorsements, appearances and business deals, including a $300 million Uniqlo apparel deal and a $235 million Series D investment in NotCo.
- Over his career, Federer earned nearly $131 million in prize money and led all sports in 2020 with $106.3 million pretax earnings, making $47.3 million in one recent year.
- Federer joins an exclusive group of athletes after becoming tennis's second billionaire following Ion Țiriac and plans a mini comeback with a Shanghai exhibition match in October.
- On's 2021 IPO, where Federer held about a 3% stake, significantly boosted his net worth, while Team8 and the Laver Cup are expanding his commercial reach with the event expected to exceed $20 million this year.
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The Swiss tennis veteran, according to Forbes estimates, has now seen his fortune reach $1.1 billion due to the smart investments he has made in recent years.
The retired tennis ace's fortune is estimated by business magazine Forbes to be worth $1.1 billion, or €940 million.
Tennis gentleman, lawn king – and now billionaire: Roger Federer's career after his career is magnificent. However, he is not the first of his guild to reach this milestone.
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Coverage Details
Total News Sources21
Leaning Left3Leaning Right4Center7Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 21%
C 50%
R 29%
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