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3h ago

Roger Federer Joins Athlete Billionaire Ranks at $1.1 Billion, Forbes Estimates

Forbes credits his stake in Swiss brand On alongside long-term endorsements for the valuation.

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Roger Federer has a minority stake in shoe and apparel brand On, and signed a $300 million deal with Uniqlo in 2018.
Carlos Alcaraz is the highest-earning tennis player for the second year in a row.

Overview

  • Federer’s net worth is estimated at about $1.1 billion as of Aug. 22, according to Forbes.
  • His minority stake in On is reported at roughly 3% and valued at more than $375 million, with the company public since 2021 and near a $15 billion market cap.
  • He becomes the seventh athlete to reach billionaire status and the second tennis player after Ion Tiriac.
  • Endorsements remain a major pillar, including a 10-year, $300 million Uniqlo deal after leaving Nike, plus partnerships with Rolex, Mercedes-Benz, Lindt and Moët & Chandon.
  • On-court earnings total nearly $131 million, the third-highest in tennis history, and he is slated for an exhibition appearance in Shanghai this October.