How Roger Federer Achieved an Estimated Net Worth of $450 Million

It is perhaps quite impossible to talk about modern tennis without the name, Roger Federer cropping up in the conversation. The Swiss tennis player is considered in many corners, to be the greatest tennis player of all time. It is a belief that reflects not just in his trophy cabinet and style of play, but also in his finances. Roger Federer has a net worth of $450 million, which not only places him at the top of wealth rankings for tennis players but also among sportspeople.

As admirers of the talented and classy tennis player, we took a look at how exactly he came to achieve a net worth of $450 million. Check it out below.

How Roger Federer Achieved His Net Worth

Roger Federer became a professional player in 1998, and the rest, they say, has been history. He has played more than 1,500 professional matches, winning more than 1,200 of them, during which he racked up more than 100 trophies, a trophy haul that puts him second in the Open Era. Of course, through those victories, he built a global reputation as a talented tennis player, that has, in turn, made him the attraction of millions of fans.

As a result, Roger Federer has been able to build his net worth through millions in prize money and sponsorship deals, all of which we discuss in detail below.

Prize Money 

Since Roger Federer turned pro in 1998, he has won more than $100 million in prize money, precisely $126,840,700 in prize money, just behind Novak Djokovic, who leads the pack with $135 million.

The Swiss tennis player, who is the son of a Swiss father and a South African mother, won his first significant prize money in 2003. The victory, which came via Wimbledon, a grand slam tournament, came five years after he turned pro. For the win, he received $714,460 in prize money. In his first professional year, Roger Federer earned a total of $28,000 in prize money

Roger Federer’s $126 million in prize money, which accounts for less than 30% of his net worth, comes from more than 100 titles. The titles include 20 Grand Slam titles (including the famous Wimbledon, which he has won eight times), 28 ATP Masters Tournaments, 23 ATP Tour 500, and 25 ATP Tour 250 titles.

Roger Federer net worth
Roger Federer lifting one of the more than 100 trophies of his career

While his prize money earnings are undoubtedly impressive and show just how much he has won as a tennis player, Roger Federer has achieved a more substantial part of his net worth through endorsement and sponsorship deals.

READ   French Montana - Net Worth in 2020, Height & Family

Endorsement and Sponsorship Deals

It is one thing to be a highly talented player with several trophies to your name, but having the personality and charisma to be an attractive face for international brands is another skill that is not always in the skillset of brilliant players. But, that has been something Federer possessed, even before he became the modern face of tennis.

Just after winning his first grand slam title in 2003, he signed his first sponsorship deal, with Maurice Lacroix, a watchmaker. He has since moved on from Maurice Lacroix to Rolex, who pays him several millions of dollars per year to be the face of the international watch brand.

Over the course of his career, Roger Federer has endorsement deals with several brands, including Mercedes Benz, Credit Suisse, NetJets, Barilla, Wilson, Lindt Gillette, Nike, and Uniqlo.

He signed a 10-year sponsorship deal with Nike in 2008 worth $120 million and after the expiration of the agreement, rather than renew with the global clothing brand, signed with the Japanese clothing brand, Uniqlo. His contract with Uniqlo is worth $300 million across ten years.

His deal with Mercedes Benz, with whom he began a partnership in 2008, is worth an estimated $5 million a year. He is also an ambassador for the high-end champagne brand, Moet & Chandon.

See Also: Serena Williams Net Worth: How Much Does She Make On and Off The Court?

Roger Federer’s climb to the summit of tennis has coincided with a consistent increase in his net worth, which has seen him regularly feature among the highest sports earners in the world. He earned $93.4 million in the 2018-2019 fiscal year alone, with $86 million coming from endorsement and sponsorship deals.

With $450 million in net worth, Roger Federer enjoys his wealth by spending on clothes, a car collection, luxurious watches, as well as houses. He has an ultra-modern mansion he built on the shores of Lake Zurich and a penthouse in Le Reve Tower in Dubai, where he regularly goes to train. He also has a foundation, the Roger Federer Foundation, which has spent more than $40 million on educational programs in Africa and his home country, Switzerland.

Adeola Seun
Adeola Seun
Seun is a CCNA certified graduate of FUTA. He has been writing on various subjects that include finance, economics, celebrity net worth, lifestyle, biographies and politics for over 7 years, Other than writing, he enjoys movies, video games, and sports

Recommended

Does Bethenny Frankel Have A Boyfriend Or Husband & What Is Her Net Worth?

Bethenny Frankel's relationship status has been a hot topic of discussion since after her 2012 separation from pharmaceutical sales executive, Jason Hoppy. Frankel aka Skinny...

Does Pharrell Williams Have Wife or Kids and What is His Net Worth?

With at least 13 Grammy Awards under his belt, Pharrell Williams is an established American record producer, singer, and businessman. He began by producing...

What Happened to Mel Gibson’s First Marriage? Meet His Kids and Current Girlfriend

Being married and staying married in Hollywood can be a herculean task. When you add the baggage of struggle with alcoholism and bad press...

A Close Look At Daniel Tosh’s Net Worth, His Wife And Gay Rumors

Daniel Tosh is an American stand up comedian, actor, writer, executive producer, and television host. He is popular for his controversial style of dark...

Making Sense Of Angelina Jolie And Brad Pitt’s Divorce

No one likes divorce, but, sadly, it happens for several different reasons. Best couples are no different; we've seen marriages between lovebirds crash when...

14 Corrupt Billionaires Who Have Served Jail Time

One would like to think that being a billionaire would at least solve the problem of greed, instead, the reverse is the case for...

10 Instagram Fitness Models Who Are Raking In Millions Online

Instagram was launched only about a decade ago, but today, with its more than half a billion users, it has since joined the big...

Who Are Charles Barkley’s Wife and Kids and What is His Net Worth?

Charles Barkley is famous for being one of the most phenomenal American basketball players of all time. As an NBA player, he was nicknamed...

More From Justrichest

Inside Jay Leno’s Massive Car Collection, Net Worth & Family Life

Jay Leno is without doubt, one of the finest and most mature entertainers America has ever produced. A multiple award-winning stand-up comedian, writer, TV...

12 Biggest and Most Expensive Homes of Extravagant Footballers In 2020

The huge and decent earnings of footballers grant them the audacity to exemplify lavish spending and also enable them to sustain every aspect of...

Jessica Nigri Net Worth: How Much Money Does The Cosplayer Make?

Jessica Nigri is a well-known American cosplayer. For the benefit of those who don’t know, Cosplay is derived from the words costume and play....

20 Strongest and Most Powerful Currencies in The World (Updated 2020)

According to World Atlas, there are 180 currencies in circulation that are recognized by the United Nations across the wide world and these are...

Featured Today

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

The Untold Truth of Bryan Chatfield Sanders Sarah Huckabee Sanders’ Husband

Everyone is familiar with Sarah Huckabee Sanders but not so with her husband Bryan Chatfield Sanders. As a media and political consultant, Sanders has worked...

Who Is CNN Dana Bash, What Is Her Salary & Why Did She Divorce John King?

The award-winning Dana Bash is an amazing American journalist, television anchor, and chief political correspondent for CNN. Best known for her unparallel contributions since...

Who is Zack Snyder’s Daughter Autumn Snyder and Why Did She Commit Suicide?

It could be hard to understand why someone would ever take their own life; leaving their family and loved ones to suffer in a...

Related Stories