Tennis legend Roger Federer’s most lucrative move wasn’t on the court but through an investment in Swiss sneaker company On Holding AG. With a net worth of $1.3 billion, his wealth comes from endorsements and investments, including a $300 million deal with Uniqlo. This investment has paid off, with his stake in On being worth at least $500 million.
Federer joins billionaire athletes like Jordan, James, and Woods through long-term partnerships and strategic investments. Unlike many athletes, he focuses on brand partnerships and philanthropy aligned with his values. His selectiveness in public appearances and commercial commitments has led to financial success and a meaningful impact beyond the court.
In a commencement speech at Dartmouth College, Federer encouraged graduates to find ways to make a difference beyond their careers. His approach to investing in businesses like On Holding has proven successful, emphasizing the importance of long-term partnerships and staying true to personal values.
Read more at Yahoo Finance: How 3% Of A Shoe Company Made Federer More Money Than 20 Grand Slam Wins