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 Swiss shoe and apparel brand On.
Having collected around $1 billion in off-court endeavors during his playing career, Federer was tennis’ highest-paid player for 16 straight years despite earning less in prize money than rivals Novak Djokovic and Rafael Nadal.
US Open will offer the largest purse in tennis history at $90 million
In 2020, he earned $106.3 million before tax, more than any other athlete in the world.
