Roger Federer net worth in 2020 is close to $450 million.
Roger Federer net worth has been consistently increasing thanks to his performance in tennis arena over past several years.
A record-breaking player and an absolute masterclass in tennis, Roger Federer is an inspiration for many. Right from the start of his career to 22 years later, Federer has never failed to impress the admirers of the game with his skill and class. With eight Wimbledons, five US Opens, six Australian Opens, and one French Open under his belt, he is one of the most decorated Tennis players of all time.
A global legend and a superstar, the Swiss international has now entered a very exclusive club of sportspersons. As a player, he is famous for his incredible footwork and powerful shot-making technique. The combination of efficiency and effortlessness in his game is a delight for tennis enthusiasts worldwide.
Federer’s versatility on the court translates into his real-life personality as well. He has won many accolades for his success and composure on the court. He is a 13-time recipient of the ATP Tour Sportsmanship Award. Besides, he has also won a record four-time award for BBC Overseas Sports Personality of the Year. Furthermore, he received a record five-time honor for the Laureus World Sportsman of the Year.
The 39-year old holds an endless array of titles and awards. More importantly, he has established his reputation as one of the highest-paid athletes at a global level. This accomplishment has significantly contributed to Roger Federer net worth with multiple earnings both on and off the court.
Key Contributions and Achievements
It may not be very hard to believe that Roger Federer was a young tennis prodigy from his childhood. He developed an inclination toward the sport while playing with his siblings as a little child of 6 or 7 years. However, he showed promising signs of exceptional potential to make a name in the game of tennis.
To pursue this love for tennis further, he joined a local tennis mentorship to hone his skills at the Basel Junior Tennis program. He was just eight years old. Two years from then, a ten-year-old Federer caught the eye of the Australian athlete Peter Carter. Thereon, Federer trained with the Australian for four years before joining the national training center for tennis. Carter remained the young prodigy’s coach through most years of his training and junior tennis career.
A Phenomenon in the Making
Courtesy of his stunning talent and hard work, Federer shone through his time as a junior tennis player. Between 1993 and 1998, he earned four ITF junior titles. He also reached the finals of US Open Junior and finished as the runner-up. A historic achievement for the young player was securing both the boys’ singles and doubles title at the Wimbledon Junior tournament.
A 17-year old Federer finished the 1998 season with the World No. 1 ranking in junior tennis. This was the first out of the many number one rankings of his career. From here on, the Swiss Maestro became a professional tennis player and launched his pro career in 1998. This was the time when Roger Federer net worth started skyrocketing along with his career.
Rising through the Ranks
Federer secured a world ranking among the top 100 for the first time in the year 1999. He reached his first final a year later at the Marseille Open but faced defeat. The year 2001 was particularly adventurous and rewarding for a young Federer.
In 2001, he won the first-ever Hopman Cup mixed doubles for Switzerland. The same year, Federer won his life’s first singles tournament, the Milan Indoor cup. He also outshined many rivals in the 2001 French Open, securing his first Grand Slam quarterfinal game. Even though he was knocked out, his stellar performance got him into the top 15 world rankings. Roger Federer net worth also multiplied after bagging him many lucrative endorsement deals.
One of the biggest breakthroughs of his career was the Wimbledon Championship in 2001. Federer faced the then world no. 1 Pete Sampras. In a game that shocked many, the 19-year old defeated the four-time defending champion to progress to the quarterfinals. In the next two years, he showed more of his class and style to the tennis world and earned a spot among the top 10.
Becoming the Grand Slam Master
The first-ever Grand Slam title of Federer’s life came at the 2003 Wimbledon tournament. In the same season, he won his only ever doubles Masters Series 1000 tournament. He finished the season-seeded number two, narrowly missing out on the la decima.
The 2004 season was when he truly introduced himself to the world. After winning three Grand Slams in a single season, he earned the number one rank for the first time in his pro career. Facing some tough contenders and defending champions, the 20-time Grand Slam champion showed his skill by securing the Wimbledon, the US Open, and the Australian Open. Roger Federer net worth soared greatly since then.
In the coming years, Federer wrote and rewrote history many times with his impeccable gameplay. He won everything left and right, making 2006 the best season of his career. The 2007 season became particularly memorable as a more mature Federer successfully averted the younger guns in the game. Fans commemorated his US Open performance with the name “Darth Federer”. He also finished the 2007 season with the world no. 1 rank for the fourth time in a row.
Key Moments in Life
Right from his years as a young tennis prodigy, Federer was a player everyone admired. He showed class, perseverance, and determination in his game with a composed mindset. After years of winning games and making records, the Swiss Maestro underwent one of the worst phases of his life in 2013. Struggling with injuries through most of the season, his rank fell to No. 6.
In the 2014 season, Federer changes his racquets for the first time in his career. He reached the landmark of 1000 victories in the Open Era in 2015, becoming only the third tennis player to achieve this. While the 2016 season was once again riddled with injuries, Federer returned to glory in 2017. The season earned him the highest win percentage since 2006 and the most Grand Slam titles.
In the year 2018, Federer secured another incredible achievement under his name. He completed 310 weeks at the World Number 1 ranking, becoming the first player to reach this accomplishment. The milestone of 100 singles’ title wins came in the 2019 season when he bagged the Dubai Tennis Championship. Federer became the first and only tennis player as yet to win 20 major titles, featuring in 31 major finals as well.
The Swiss Maestro has been awarded a multitude of awards and accomplishments. He is the recipient of the ATP Player of the Year title five times. Additionally, he has won several international and domestic prestigious honors. The list includes the Stefan Edberg Sportsmanship Award, Arthur Ashe Humanitarian of the Year award, Laureus World Sportsman of the Year award, and more. Moreover, he holds the record of winning 16 awards for the ATPWorldTour.com Fans’ Favourite title.
Roger Federer Net Worth: Detailed Insights
Roger Federer has established himself as one of the most popular and respected sporting icons worldwide. He enjoys the admiration of millions of fans as well as the greatest athletes and celebrities across the globe. His achievements, both on and off the court, are testaments to his ability as a player and a sportsman.
Lovingly known as Federer Express and King Roger, the 39-year old has an enviable fortune. Roger Federer net worth in 2020 is close to $450 million, making him one of the richest people in the sporting world. The 20-time Grand Slam champion is the face of many luxury brands worldwide and earns a sizeable income through tennis. Besides, his personal assets and investments have also added significantly to his total worth.
Federer has accrued his billion-dollar fortune over his career spanning over 22 years. The Swiss Maestro has multiple sources of earning that contribute to Roger Federer net worth. Here is an in-depth assessment of how the greatest tennis player of all-time earns the big bucks!
Roger Federer Net Worth: Career Earnings and Match Fees
Federer started with $28,000 in the year 1998 when he launched his pro career. His earnings grew almost ten times in the next year owing to his stellar performance. The Swiss international continued to prove his mettle on the court while his earnings rose significantly. He earned his first million dollars in the year 2002. From thereon, it seems as if there is no looking back for the 20-time Grand Slam champion.
Federer has been earning an average of 6-7 million USD every year from his games. He earned a record 10 million USD from his immensely successful campaign in 2007. Moreover, the year 2017 was his most profitable season in terms of earnings. He secured over 13 million USD in that year.
In 22 years of his career, Roger Federer net worth has now reached over a billion dollars. His income from the games and tournaments he plays is a major component of his net worth. Besides, the money from sponsorships and prizes is also significant. The 39-year old has amassed close to $93 million from his 22-year tennis career.
Roger Federer Net Worth: Endorsement Deals from Brands
Federer has an expansive profile of endorsements. He has some of the most impressive brands in the list of sponsorships. The Swiss Maestro has secured close to $600 million from his varied endorsement deals. The London School of Marketing also named him as the most marketable sportsperson of the year in 2016.
His endorsement deals make varied annual contributions to Roger Federer net worth. From 2017 to 2018, Federer earned close to 77 million USD from his sponsorships. Besides, he made approximately $94 million from his endorsement deals in the year 2019.
Two of the most notable names in Federer’s endorsement portfolio are Rolex and Mercedes Benz. The 20-time Grand Slam champion has signed a multimillion-dollar deal with the luxury watch manufacturer. Besides, Federer also represents Barilla, a global pasta maker brand. He has been featured in many commercials for the brand.
Some endorsements have contributed to Roger Federer net worth for a very long time. These include winery Moet & Chandon, racket provider Wilson, Credit Suisse, chocolatier Lindt, and apparel giant Nike. However, Federer parted ways with the latter to become the face of Japanese apparel manufacturer, Uniqlo. This 300 million USD deal spans over 10 years, irrespective of the athlete’s career. This is reportedly the most highly-valued sports deal in the world.
Alongside these major brands, Federer has also partnered with a wide array of brands. Some of these include Gillette, Maurice Lacroix, Rimowa, Emmi AG, and NetJets.
Roger Federer Net Worth: Personal Assets
Another key component of Roger Federer net worth is his enviable mansion near Lake Zurich. He also owns a $17 million-dollar holiday house in the wonderful Swiss Alps. Besides, he has another property in the form of a luxurious penthouse in Dubai’s Le Rewe tower.
Federer’s philanthropy is exemplified through the Roger Federer Foundation established in 2003. The Swiss Maestro established this charity organization to help underprivileged children worldwide. The Foundation aims to increase children’s access to education as well as sports. He is also a key investor in IMBEWU, a charity organization with Swiss and South African co-owners. This organization also seeks to help disadvantaged children. It also endeavors to promote social awareness and health solutions among these sections.
Federer is the co-found of the Laver Cup, a tournament played in the memory of the legendary tennis player, Rod Laver. He also owns a management company called TEAM8. As per a 2011 study by Reputation Institute, Roger Federer was the second most venerated celebrity in the world, only after Nelson Mandela. He also earned a street to his name, Roger-Federer-Allee Street in Halle, Germany.
Visit his personal site: https://rogerfederer.com/