Roger Federer Becomes One of Highest Paid Athlete in the World with Earning of $1.38 Billion

Roger Federer walked off the tennis court with a retirement net worth of $550 million, according to wealth-tracking website Celebrity Net Worth.

In total, he has earned more than $1.38 billion in endorsements and prize money during his career.

Federer has won 103 ATP singles titles, including 20 Grand Slam titles over 24 years.

With a longer tennis career than most players, he has collected $130.5m in prize money. The total puts him third in the tour’s history, behind long-time rivals Novak Djokovic at $159m and Rafael Nadal at $132m.

But Federer leads the all-time financial scoreboards, with more than $1bn in endorsements before taxes and agents’ fees, according to Forbes estimates.

By contrast, Nadal has banked $500m in endorsements and Djokovic $470m.

“I have played more than 1,500 matches over 24 years. Tennis has treated me more generously than I ever would have dreamt, and now I must recognise when it is time to end my competitive career,” Federer said on social media when announcing his retirement this month.

Despite not playing competitively since Wimbledon 2021, Federer’s annual off-court income totalled more than $90m in the subsequent 12 months, exceeding players in every other sport. That put him $10m ahead of basketball player LeBron James, Forbes said.

The Swiss former tennis world champion is one of just seven athletes to have crossed the $1bn mark while still active. Sport’s other billionaire earners include LeBron James, Lionel Messi, Floyd Mayweather, Cristiano Ronaldo, Tiger Woods and Phil Mickelson.

Federer has long-term relationships with brands such as Rolex, Lindt, Mercedes and Credit Suisse. In 2018, he signed a 10-year deal with Uniqlo that was reportedly worth up to $300m.

Federer, who owns property in Dubai, has two major private equity investments that are of public knowledge. Since 2019, he has held an undisclosed stake in Zurich-based On Holding. One of the fastest-growing shoe companies in the world with a presence in 60 countries, it has a market capitalisation of nearly $6bn.

Last year, Federer joined Chilean FoodTech company NotCo’s $235m funding round alongside Lewis Hamilton and musician and DJ Questlove, joining existing investors Future Positive, L Catterton and Bezos Expeditions, Amazon founder Jeff Bezos’ investment arm.