Tennis Great Roger Federer Will Retire Rich! Inside Roger Federer's Net Worth
Roger Federer is one of the most decorated tennis players of all time—and now he's hanging up his racket for good, announcing his retirement. Roger Federer's net worth is high enough where he can do that quite comfortably!
"As many of you know, the past three years have presented me with challenges in the form of injuries and surgeries," Federer wrote on Instagram on Sept. 14, 2022. "I've worked hard to return to full competitive form. But I also know my body's capacities and limits, and its message to me lately has been clear.
"I am 41 years old. I have played more than 1,500 matches over 24 years. Tennis has treated me more generously than I ever would have dreamt, and now I must recognize when it is time to end my competitive career," he continued. "This is a bittersweet decision, because I will miss everything the tour has given me," he wrote. "But at the same time, there is so much to celebrate. I consider myself one of the most fortunate people on Earth.
View the original article to see embedded media.
"I was given a special talent to play tennis, and I did it at a level that I never imagined, for much longer than I ever thought possible," he added. "I was lucky enough to play so many epic matches that I will never forget. We battled fairly, with passion and intensity, and I always tried my best to respect the history of the game. The last 24 years on tour have been an incredible adventure. While it sometimes feels like it went by in 24 hours, it has also been so deep and magical that it seems as if I've already lived a full lifetime."
Despite his relative youth, Federer has already made a mark on the sport that many will not achieve in their entire lifetimes. In addition to earning worldwide fame and championship wins, he’s managed to rake in a large fortune from his talent.
Here is everything you need to know about Roger Federer’s net worth and how he made it.
Related: Venus Williams' Net Worth—and How It Compares to Sister Serena's
How did Roger Federer become famous?
Roger Fededer is famous for being one of the most decorated tennis players of all time. The Swiss professional tennis player turned pro back in 1998, the year he turned 17! That year, he also became a Wimbledon junior champion. In 2003, when he was just 21 years old, he won his first major singles title at Wimbledon.
He has been ranked No. 1 in the world for Men’s tennis by the Association of Tennis Professionals for a record 237 consecutive weeks and 310 weeks total, plus he has finished as the year-end No. 1 an impressive five times. In total, Federer holds the second most ATP singles titles of all time behind Jimmy Connors. This includes 20 Grand Slam titles, eight men’s singles Wimbledon titles (a record!), and six year-end championships (another record!).
Federer is credited with being one of the tennis stars that lead a revival of interest and attention in the sport.
Related: 13 Famous Tennis Couples, Past and Present
What is Roger Federer's net worth in 2022?
As of this writing in 2022, Roger Federer’s net worth is estimated at an impressive $550 million!
How much does Rolex pay Roger Federer?
As with many popular athletes, Forbes reports that much of Roger Federer’s money comes from his endorsements. He has a very lucrative endorsement deal with Rolex. Back in 2006, Federer first signed his endorsement deal with the famed luxury watch company. The 10-year, $15 million deal earned him around $1.5 million each year and was one of the largest endorsement deals ever made for an athlete at the time. When the deal ended in 2016, Rolex re-signed him for an estimated $8 million annually.
Related: Serena Williams' Net Worth After Her Tennis Retirement
Why is Roger Federer so rich?
Roger Federer has amassed his fortune through a couple of different avenues. He has earned around $129 million in total through all of his career tournament winnings. If that wasn’t enough, he, like many athletes, has managed to earn even more money through endorsements and paid appearances. Federer has endorsement deals with companies like Rolex, Credit Suisse, Mercedes Benz and Uniqlo.
In addition, he also has a stake in a Swiss athletic apparel company known as On, a company that went public in September 2021.
Related: Serena Williams' Major Upset
How much does Roger Federer pay his coach?
Roger Federer has been coached by famed tennis coaches (and former players) Ivan Ljubicic and Severin Luthi. Typically, a tennis coach for a major professional player will earn 10% of the player’s winnings for the year. A coach may also earn a fixed fee for training sessions as well as bonuses.
So, if Federer earns $10 million from his work as a professional tennis player in a year, his coach will be entitled to around $1 million, not counting bonuses.
Related: Billie Jean King Speaks Out on Her Legacy In Tennis and Beyond
What car does Federer drive?
It should come as no surprise that someone as rich as Federer has quite the impressive car collection. This is especially true considering the Swiss tennis pro has had an endorsement deal with luxury car brand Mercedes Benz since 2008, through which he is entitled to a new Mercedes every six years.
As a result, Federer owns several Mercedes Benz classics in addition to a Mercedes AMG GT S, Mercedes GLE G663 Coupe, Mercedes SL AMG, Mercedes SL AMG Roadster and Mercedes CLS 450. Outside of Mercedes, Federer also has a Range Rover SVR.
Related: How Venus Williams Gets Her Game On
How much does Roger Federer make a year?
Roger Federer’s earnings in a year can vary depending on his tournament placements, endorsement deals and appearance fees. However, even in a year where he was largely sidelined due to injury, like in 2020/2021, Federer managed to rake in an impressive $90.6 million, making him the highest-earning tennis player that year.
Related: How Serena Williams' Daughter Honors Her Mom's Legendary Career
How much does Roger Federer make per match?
It is not really known how much money Federer earns per match. This is partly because the number can vary depending on the prize money of each tournament and his placement. Each tournament has its own prize pot associated with it.
However, we do know the reported numbers that are out there for some of Federer’s matches. For instance, Federer played a set of five exhibition matches in South America in 2019. For each of those matches, it is estimated that the tennis player was paid around $2 million dollars.
Related: A Must-Read For The Tennis Fan
How much does Roger Federer make from endorsements?
As stated above, the majority of Federer’s massive fortune actually comes from his endorsement deals. Federer is known as tennis’ first billion-dollar star due to the lucrative endorsement deals he has landed in addition to his tournament winnings.
For the past few years, Federer has earned a huge amount of money each year from these deals. Between June 2016 and June 2017, he earned around $65 million from endorsements alone. Between June 2018 and June 2019, that number was around $86 million in endorsement earnings. And, considering he was sidelined from a knee injury for much of the time between August 2020 and August 2021, the $90.6 million Federer earned that year came mostly from endorsements as well.
Next, find out the depressing way to really make big money in sports.
