The latest calculation of the Bloomberg Billionaires Index places him alongside few sports stars with a net worth of more than $1 billion, including basketball player Michael Jordan ($3.5 billion) and golfer Tiger Woods ($1.36 billion).
Sources close to Federer, speaking anonymously, told Bloomberg that his wealth exceeds $1 billion significantly. The publication’s estimate factors in Federer’s career earnings, investments, and endorsement deals, adjusted for Swiss tax rates and market performance.
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Switzerland’s Roger Federer celebrates his straight sets win over Serbia’s Novak Djokovic in their men’s singles round-robin match on day five of the ATP World Tour Finals tennis tournament at the O2 Arena in London on November 14, 2019. Photo by AFP |
Federer’s long-term sponsorships include partnerships with Credit Suisse (now UBS Group AG), Rolex, and Swiss chocolatier Chocoladefabriken Lindt & Sprungli AG.
He has also cultivated a robust advisory network through Team8, the management firm he co-founded with agent Tony Godsick in 2013, and Format A AG, which oversees various investments and his charitable foundation.
“Federer is totally scandal free. He never says the wrong thing,” said sports analyst Bob Dorfman. “In terms of marketability, he has been one of tennis’s best.”
His most lucrative move was an investment sparked by his wife’s purchase of sneakers from Swiss brand On. Switzerland lacks sports brands, but On, founded in 2010, gained traction with its premium jogging shoes, featuring a unique sole design inspired by co-founder Olivier Bernhard’s prototype of garden hose offcuts.
On is now valued at nearly $17 billion, making Federer’s stake worth at least $500 million.
Roger Federer played on the ATP Tour for over two decades, facing off against some of tennis’s most formidable athletes.
The Swiss icon secured an extraordinary 20 Major titles during his ATP Tour career, holding the record for the most Grand Slam titles for several years, according to The Tennis Gazette.
Federer claimed 16 of his 20 Slams from 2003 to 2010, reigning supreme in men’s tennis throughout the 2000s.
