Roger Federer Loses Billionaire Status: What's Behind the Drop?
Tennis legend Roger Federer's net worth declines after shares in Swiss sportswear company On Holding plunged.
Tennis superstar Roger Federer has shed his billionaire status as shares in his investment company, On Holding, plummeted by 19 percent. The drop in value has cost him an estimated US$52 million, reducing his net worth to US$952 million according to Forbes. Previously, Federer's wealth was valued at over US$1.1 billion.
Federer's financial portfolio is diverse, stemming primarily from his illustrious tennis career, which earned him over US$130 million in prize money. However, his earnings outside the court have been even more significant. As one of the most recognizable athletes globally, Federer has secured lucrative endorsement deals with brands like Uniqlo, Rolex, Mercedes-Benz, Gillette, and Lindt.
His investment in On Holding, a Swiss sportswear company, is a major source of his wealth. He joined the company as a co-owner in 2019 and his sneaker line, "The Roger," played a pivotal role in boosting the company's profile. This investment contributed to a surge in On's valuation in 2025.
Despite this setback, Federer remains among the world's wealthiest retired athletes. His fortune is a testament to his enduring success in tennis, strategic endorsement partnerships, and shrewd investments.
Written by urgent.news from Tempo.co English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
