Overview
- After Tuesday’s trading, On shares plunged more than 20% when the company missed expectations and trimmed full-year revenue-growth guidance.
- That market move reduced the value of Federer’s roughly 2.5% holding and pushed public estimates of his net worth to about $950–952 million.
- Published estimates of Federer's paper loss differ, with one report citing about $52 million and another putting the hit near $80 million, reflecting timing and valuation-method differences.
- On reported record Q2 revenue of CHF 850.4 million, a 13.5% year-on-year rise, but its profit and guidance shortfall triggered the sharp stock reaction.
- Federer’s wealth also includes more than $130 million in career prize money and long-term endorsement deals, so the billionaire designation could return if On’s share price recovers.