How much is Roger Federer worth in 2023

James Richardson 25 Jul 2023 4:37 PM

Roger Federer waves during Wimbledon ceremony

Roger Federer may have quit tennis last year but he certainly hasn’t quit making millions.

Federer was by far the highest-paid tennis player in the world in 2022 and he barely lifted his racket at all.

Even if his endorsements are slowly dropping away, Federer still has numerous brand partners and has augmented his income with a string of smart investments.

Federer’s net worth is conservatively estimated to be around $550 million although the likelihood is that figure is well under his actual personal fortune.

For instance, Federer’s stake in On running shoes is now reportedly worth more than US$200 million and that is set to grow in the years to come.

A statement from On read: “On now expects sales to reach ‘at least’ $1.84 billion (CHF 1.7 billion) for its next fiscal year, citing ‘exceptional demand’ and a ‘strong product pipeline.’ Analysts had previously projected the company to post $1.64 billion (CHF 1.52 billion) in revenue, according to S&P Capital IQ.”

The Swiss star has banked $131 million in prize money across his career, placing him third on the ATP Tour’s all-time list behind great rivals Rafael Nadal and Novak Djokovic.

Federer has insisted that he wants to stay in touch with the game, with some floating his name as a future Team Europe team captain.

His influence over the game remains powerful and he is a figure that is sought after for appearances.

Federer has been invited to Shanghai as the ATP Tour prepares to return to China this year.

Federer, a two-time former champion in Shanghai, will return as an honoured guest having been assigned the title of Icon Athlete of the Shanghai Masters.

“I’m very excited to be named Rolex Shanghai Masters Icon Athlete for 2023,” Former two-time Shanghai Masters champion Federer said looking ahead to his return to China.

“I remember coming to Shanghai for the first time for the opening of the stadium and I have been close friends with Juss Event and tournament organisers. I am happy to keep the story going and I look forward to seeing everyone in October.”

Federer’s sponsors included Barilla, Credit Suisse Group (ADS), JURA, Lindt & Sprungli, LVMH Moët Hennessy Louis Vuitton, Mercedes-Benz, NetJets, On, RIMOWA, Rolex, Sunrise Communications AG, Switzerland Tourism, Uniqlo, Wilson Sporting Goods.

The Roger Federer Foundation has raised more than $50 million and aided the education of 1.5 million children in sub-Saharan Africa since its launch.