Roger Federer becomes a billionaire with $1.1B net worth

Roger Federer has joined the billionaire ranks, with Forbes placing his net worth at about 1.1 billion dollars. The 44-year-old former world No. 1, who retired from professional play in 2022, owes the vast majority of that wealth to a combination of long-running sponsorships, prize money earned during his career, and a substantial equity stake in the Swiss footwear company On, a stake that surged in value after the brand’s public listing in 2021.

Federer’s on-court earnings were substantial but modest next to his off-c court fortunes. During his 24-year career, he earned roughly 131 million in prize money, making him one of the sport’s most successful players in financial terms. Yet the real driver of his fortune has been his off-court ventures and brand partnerships. He built a durable sponsorship portfolio with brands such as Nike earlier in his career, followed by a multiyear deal with Uniqlo that was reportedly worth around 300 million, as well as ongoing relationships with Rolex, Mercedes-Benz, and Moët & Chandon. In addition, Federer has leveraged his influence to shape business projects, notably contributing to the creation and growth of On, where he took a minority...