Roger Federer Joins Billionaire Athlete Ranks
Roger Federer Joins Billionaire Athlete Ranks

Roger Federer Joins Billionaire Athlete Ranks

News summary

Roger Federer has officially become a billionaire, joining fellow athletes Michael Jordan, Tiger Woods, and LeBron James. Federer's estimated net worth of $1.3 billion is largely due to his endorsement deals with brands like Rolex, Uniqlo, and Lindt, as well as a three percent stake in Swiss sneaker company On, now valued at $17 billion. While Federer earned about $131 million in tennis prize money, most of his wealth comes from off-court investments and sponsorships, including a $300 million contract with Uniqlo and an On stake worth over $500 million. Michael Jordan remains the wealthiest athlete ever with a net worth of $3.5 billion. Federer's rise highlights the growing importance of business ventures and endorsements for athletes. His reputation for being marketable and scandal-free continues to enhance his commercial appeal.

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Left 67%
Center 33%
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Last Updated
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