Online Reporter
NEW YORK. − Roger Federer has become just the seventh athlete in history to reach billionaire status.
The tennis icon, 44, hung up his racquet in September 2022 following an emotional Laver Cup doubles farewell alongside Rafael Nadal.
Federer earned US$130million in prize money during his incredible career.
This sum is only behind those of Novak Djokovic (US$188m) and Nadal (US$134m) in tennis’ all-time list.
In addition to handsome earnings on the court, Federer has long been an extremely savvy operator off it.
The Swiss maestro was primarily with Nike during his illustrious career.
But a 10-year deal signed with Uniqlo in 2018, in addition to a 2021 investment in sportswear and shoe brand On, has proven to be a masterstroke for Federer, who per Forbes, is now worth US$1.1 billion.
The 20-time Grand Slam champion penned a US$300, 10-year contract with Uniqlo aged 36 after his Nike deal expired in March 2018.
With Uniqlo not manufacturing tennis shoes, this left another potential avenue open to Federer.
The former Wimbledon favourite has a three per cent stake in On, who now work with SW19 champion Iga Swiatek, as well as rising stars Ben Shelton and Joao Fonseca. − The Sun
