What Is Roger Federer’s Net Worth?
Roger Federer Net Worth: Roger Federer is a world-class Tennis player from the Swiss origin, who stands at number 4 in the ATP singles rankings and hаѕ а tоtаl оf 19 Grаnd Ѕlаm titles tо hіѕ nаmе.
Today, Roger Federer’s net worth is estimated to be close to $450 million dollars.
Roger Federer Net Worth:
|Net Worth:||$450 Million|
|Full Name:||Roger Federer|
|Date of Birth:||8 August 1981|
|Age, How Old:||37 Years Old|
|Nationality:||Swiss, South African|
|Place of Birth:||Basel, Switzerland|
|How Tall, Height:||6ft 1in (1.85 m)|
As indicated by Forbes, Federer came back to world No. 1 positioning quickly in 2018, turning into the most established player to achieve the ATP top positioning.
Federer has won $116 million in prize cash in his profession, but the total is predominated by his off-court profit from appearances and endorsement deals.
Also, the year 2017 was the most beneficial year of Federer’s playing vocation. He earned more than $13 million, by means of Tennis Connected, which is the seventh-most elevated prize cash for a solitary season in ATP history.
In 2017, he added pasta food company ‘Barilla’ to his agreement that could be worth as much as $40 million. Federer has since shown up in a few commercial ads.
Federer gains a revealed $70 million per year, likewise earning a detailed $71.5 million from 2016 to 2017. He earned $65 million that year of which originated from advertisement supports.
Also, the tennis star earned a weighty $77.2 million inside and out mid-year 2018. Not very decrepit by any means.
To date, Federer has earned more than $5 million amid the 2018 ATP season. Most of that absolute wasthe consequence of winning the Australian Open, which paid him generally $3 million.
Roger Federer’s net worth will ultimately grow as of late he left Nike for Uniqlo, and its straightforward deal with Uniqlo is worth $300 million for more than 10 years, whether Federer will be playing or not.
Until this point, Federer has earned roughly $600 million in brand endorsement alone, Federer’s net worth numbers are expected to top $1 billion inside the following decade.
Who Is Roger Federer?
Roger Federer was ranked number #1 in the world for most of his playing career, he is one of the most successful Tennis players in the world and also the richest.
Roger Federer Net Worth has steadily increased as much as his performance from the time he started playing professional tennis in 1998.
The Swiss international discovered his talent for tennis at a very early age when he used to play with his sister and parents.
By the age of 8 he had enrolled in the Basel Junior tennis program and 2 years after that he meets Australian professional Peter Carter who had a big influence on his career.
Federer was ranked number one in the world junior rankings.
In 1999, Federer made his first impact on the international scene managing to reach the semi-finals of a tournament in Vienna, this shot up his earnings to $225,000.
The following year, he made it even bigger, represented Switzerland in the Olympics, but he did not win any medal, he, however, boosted his earnings to $624,000.
A year after representing his country in the Olympics, Roger made his mark on the international scene winning his first ATP singles title.
With the title came more money, he was now being paid $865,000, he also won his first ATP doubles the same season and made his mark by ranking 13th in the world.
Winning such titles and having a recognizable position in the ATP rankings meant that he was now worth much more and he started earning in the millions.
In 2002 he would bag a salary of $1.995 Million and two years after that he would set a record becoming the number one player in the world in 2004. He trended the No. 1 position for 237 weeks straight up to 2008.
By 2007, his earnings were up to $10 million dollars when his career was at its best.
Within the span of nine years, Federer has won the Wimbledon title seven times, the US Open five times, the Australian Open four times and the French Open once.
According to estimates, Federer earned $71.5 million dollars in a single year with endorsements contributing to the bulk of it.
When it comes to endorsements, Federer is unmatched as an athlete. Endorsements are what make the most of his earnings.
With a very long dominance on the court, a number of companies have been lining up to get a piece of him to promote their products.
Federer had 10 sponsors with long contracts. Nike which was his biggest sponsorship with a 10-year contract which is the longest contract in history.
He earned a paid annual fee of $10 million dollars by Nike alone. As of March 1, 2018, Federer deal with Nike has come to an end. He had a personal brand in conjunction with Nike which gave him more money flowing into his account.
Federer is presently a Uniqlo brand diplomat, and it will just cost the organization $30 million every year for the following decade.
He had another long term deal signed in 2012 with ‘Moet & Chandon’ that will give him $6 million dollars every year until 2017. Some of the other companies that he endorses include; Rolex, Mercedes Benz, Wilson, Gillette, Jura, Lindt Chocolates.
Forbes explains the allure a top tennis player has for most companies. It points out that tennis appeals to a demographic of people who have a high disposable income and has a global reach.
So companies that would want to promote ostentatious products like watches, cars and the like will definitely pay to have a tennis star endorse their products and one with dominance like Federer is of particular appeal.
Roger Federer has contributed to his own net worth and that of fellow professionals by using his good negotiation skills.
In 2008, as the president of the ATP tour council, Federer engaged the board in negotiations for a higher appearance fee and prize money at the Grand Slam events.
These negotiations were very successful with announcements of increases and an expected $50 million dollar increase in prize money by 2017.
With a net worth of over $300 million dollars, it comes as no surprise that the tennis star lives in a glass mansion by the beach in Switzerland valued at £6.5 million.
When he was in the UK for Wimbledon, he made news by renting 2 houses to avoid disturbance, he rented one house for his wife and kids and another for himself and the team.
Both houses cost £30,000. But considering what he would be making, that is nothing to him. Roger also has a collection of Luxury cars one of which is part of an endorsement deal with Mercedes. He generally lives a life of luxury.
From 2003 until 2012, Federer was congratulated by the ‘Fans’ Favorite Award’ from the ATPWorldTour.com. His associates and contenders have voted him for the ‘Stefan Edberg Sportsmanship Award’ for a record of 8 times, from 2004 until 2009, and 2011 until 2012.
Federer is the glad beneficiary of the ‘Laureus World Sportsman’ of the Year grant for a record of 4 times, from 2005 to 2008. In 2006, he was consulted with the ‘Arthur Ashe Humanitarian of the Year Award.’
Roger Federer was destined to Swiss dad “Robert Federer” and South African mother “Lynette Federer” at Basel, Switzerland. His mom came from a Dutch and French family ancestry.
He happily wedded with the tennis player, Mirka Vavrinec (now Mirka Federer), a previous individual from the Women’s Tennis Association. The two had initially met amid the Sydney Olympics in 2000.
The couple was honored with indistinguishable twin babies, Myla Rose & Charlene Riva on July 23, 2009.
Roger Federer is famously alluded to as Fed Express or FedEx. Individuals even call him Swiss Maestro or just Maestro for his extraordinary abilities at the amusement.
The 22-year-old ‘Roger Federer Foundation‘ which he began has raised more than $40 million and prompted the education for about 1 million youngsters in poverty.
The projects are centered around southern Africa and his local Switzerland.
Recently, Federer played doubles match with the billionaire Bill Gates to raised over $2.5 million to support Federer’s philanthropic establishment, titled ‘Match for Africa 5: Silicon Valley’
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Quotes from Roger Federer.
“I’m a very positive thinker, and I think that is what helps me the most in difficult moments.”
— Roger Federer
“When I think of the Olympics I only think of good things. I think of what a great event it is and what it has done for me and my career, and changed my personal life, too.”
— Roger Federer
“My dad said if you become a tennis professional just make sure you get into the top hundred, because you have to make a little bit of money. You make a living so you can pay your coaching and, you know, your travels.”
— Roger Federer
“For me, it’s important that a fan can buy something that is related to me. Like in soccer, you buy a shirt and it’s got somebody’s name on the back. That’s kind of a cool thing.”
— Roger Federer