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Forbes: "Even though Federer, now 44, never added another piece of hardware to a collection that also included 20 Grand Slam singles titles and two Olympic medals, he remained tennis’ highest-paid player all the way to the end—and into retirement. Now, Forbes estimates that Federer is a billionaire, with a net worth of $1.1 billion thanks in part to his significant minority stake in publicly traded Swiss shoe and apparel brand On.
"Federer was even more successful off the court, collecting roughly $1 billion (before taxes and agents’ fees) from endorsements, appearances and other business endeavors during his tennis career, more than double what Djokovic or Nadal has pocketed, according to Forbes estimates."
"Federer stands as one of just seven athletes to have crossed $1 billion in career pretax income while active in their sport, along with Los Angeles Lakers forward LeBron James, golfers Tiger Woods and Phil Mickelson, soccer players Cristiano Ronaldo and Lionel Messi, and boxer Floyd Mayweather."
"Now, as a billionaire, Federer is part of an equally exclusive group, as only the seventh high-level athlete to join the three-comma club. The first was another tennis player, Ion Tiriac, who won the 1970 French Open men’s doubles championship and also played hockey for his native Romania at the 1964 Winter Olympics. Tiriac, who began investing after the fall of communism, joined the billionaires list in 2007 and has an estimated net worth of $2.3 billion, with interests in real estate, car dealerships and financial services."
"Federer may soon have another winner. In 2021, he participated in a $235 million Series D round for NotCo, a Chilean company developing plant-based foods. The fundraise, which featured other celebrity investors such as Formula 1 driver Lewis Hamilton and Roots drummer Questlove, valued the startup at $1.5 billion. A year later, NotCo raised another $70 million as it launched a B2B unit to license its artificial intelligence tools to other food makers."
"Federer was even more successful off the court, collecting roughly $1 billion (before taxes and agents’ fees) from endorsements, appearances and other business endeavors during his tennis career, more than double what Djokovic or Nadal has pocketed, according to Forbes estimates."
"Federer stands as one of just seven athletes to have crossed $1 billion in career pretax income while active in their sport, along with Los Angeles Lakers forward LeBron James, golfers Tiger Woods and Phil Mickelson, soccer players Cristiano Ronaldo and Lionel Messi, and boxer Floyd Mayweather."
"Now, as a billionaire, Federer is part of an equally exclusive group, as only the seventh high-level athlete to join the three-comma club. The first was another tennis player, Ion Tiriac, who won the 1970 French Open men’s doubles championship and also played hockey for his native Romania at the 1964 Winter Olympics. Tiriac, who began investing after the fall of communism, joined the billionaires list in 2007 and has an estimated net worth of $2.3 billion, with interests in real estate, car dealerships and financial services."
"Federer may soon have another winner. In 2021, he participated in a $235 million Series D round for NotCo, a Chilean company developing plant-based foods. The fundraise, which featured other celebrity investors such as Formula 1 driver Lewis Hamilton and Roots drummer Questlove, valued the startup at $1.5 billion. A year later, NotCo raised another $70 million as it launched a B2B unit to license its artificial intelligence tools to other food makers."
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