Roger Federer loses billionaire status as fortune wiped out in day of carnage
nypost.com • • sports
Key Points:
- Roger Federer’s net worth has dropped below billionaire status, falling to an estimated $952 million after a 19% share price collapse in luxury sneaker brand On, where he holds a 2.5% stake.
- The share price decline wiped out at least $52 million of Federer’s fortune, ending his recent return to billionaire status following On Holding’s valuation surge in 2023.
- Federer’s financial success largely stems from his tennis career earnings, including over $130 million in prize money and lucrative endorsement deals with brands like Uniqlo, Rolex, Mercedes-Benz, and NetJets.
- Federer became co-owner and fashion consultant for On Running in 2019, with the company’s 2025 valuation previously boosted by his ‘The Roger’ sneaker range.
- Despite retiring in 2022, Federer remains a prominent figure in sports and fashion, with ongoing endorsement deals and potential future ventures in fashion design.
