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Biographies of famous sportsmen

How Roger Federer became the richest player on the planet (Part 2)

Business Insider estimates that the amount of money Federer earns from tennis tournaments accounts for less than 30% of his total assets. In 2007, he signed a contract with Gillette and participated in a number of ads of this shaving company. In 2008, the Swiss tennis player signed a 10-year sponsorship deal worth 120 million USD with Nike.

Another Federer 10-year sponsorship deal was with Credit Suisse Bank in 2009, with a supposed value of about $ 20 million.

Roger Federer is also famous for his charitable activities. He founded a foundation named after him in 2003, has raised $ 40 million ever since, and has achieved the goal of helping 1 million African children to be well-educated. He still often spends time visiting these children.

As a professional athlete, he spends a lot of money on his competitive equipment. The racket he uses is made by P1, a company that supplies sporting goods for other famous players like Novak Djokovic or Andy Murray.

Federer also enjoys the luxurious life of a top sports athlete. In 2014, the player completed the construction of a $ 8.1 million modern villa in the capital Zurich, Switzerland.

Besides the real estate in his homeland, the Swiss tennis player also owns a penthouse in Dubai for convenient accommodation whenever he comes here to practice.

Thanks to the role of brand ambassador for Mercedes-Benz, Federer also owns a huge collection of cars. He started working with the car company in 2008 and renewed his contract in 2018. This relationship helps “Express trains” make about 5 million USD per year.

In addition, he also acts as an ambassador for a champagne brand. This airline has recently been The special edition will celebrate the 20th anniversary of Federer’s professional tennis competition. 20 bottles were sold for $ 23,000 / bottle, and all that money was dedicated to further the development of the Roger Federer Foundation.

Categories
Biographies of famous sportsmen

How Roger Federer became the richest tennis player? (Part 1)

Owning luxury real estate in Zurich and Dubai, famous for its collection of luxury Rolex watches, Roger Federer is the richest athlete in the world of felt.

At the age of 38, Roger Federer is still playing at the peak level and conquering the professional titles in the world of tennis. The Swiss tennis player is one of the most successful athletes in the sport’s history with a collection of 20 Grand Slam championships from 2003 to the present.

Not only is one of the best players of all time, Federer is also among the richest athletes on the planet. Business Insider said his total net worth now is about 450 million USD. According to Forbes, he has just been recognized as the highest paid player in the world for the 14th consecutive year with $ 93.4 million in prize money and advertising money for the last year.

Federer won a total of $ 123.6 million in prize money from tournaments, slightly lower than the $ 131 million of Novak Djokovic. However, this is not his main source of income.

Advertising contracts, sponsorships from watchmaker Rolex or Credit Suisse Bank have earned the player the nickname “Express Train” a lucrative source of revenue. Last year, he signed a sponsorship contract worth up to $ 300 million with Japanese fashion brand Uniqlo.

Roger Federer started playing tennis at the age of 8. By the age of 14, he had won the national youth championship in Switzerland.

The breakthrough came to Roger Federer in 2003 when he earned his first career Grand Slam title at the Wimbledon tournament. At the time, he was only 21 years old and received more than 714,000 USD in bonuses.

Not long after the first Grand Slam title, “Express Train” was quickly signed a promotional contract worth $ 15 million by Rolex, and became one of the most famous ambassadors of this luxury watch brand. Every time he lifted the championship trophy, Federer carried a Rolex on his wrist.