Roger Federer net worth: How Swiss tennis ace became a billionaire three years after retirement? All you need to know

Roger Federer might have retired from tennis in 2022, but the Swiss ace continued to make headlines off the court. The 20-time Grand Slam winner and a two-time Olympic medal winner, is now estimated to have a net worth of $1.1 billion, according to a Forbes report. Thus, Federer becomes the seventh Indian athlete in the world to join the billionaire club after Michael Jordan, Magic Johnson, LeBron James, Junior Bridgeman, Tiger Woods and Ion Tiriac. 

In fact, Federer became the second tennis player after Tiriac to join the club. Despite bidding adieu to the game three years before, Federer's net worth was boosted by his minority stake in Swiss shoe and apparel brand On. Based on the report, Federer was the highest paid tennis player for 16 straight seasons, earning $1 billion in off-court endeavours, during his more than two-decade old career.  

Federer's earnings was double of what his rivals Novak Djokovic and Rafael Nadal pocketed. The report also stated that Federer ($131 million) earned less in prize money during his career than his rivals Djokovic ($189 million) and Nadal ($135 million). In 2020, Federer earned $106.3 million before tax, which was more than any other athlete in the world.

Who is highest paid active tennis player?

Carlos Alcaraz remained the highest-paid active tennis player in the last 12 months for the second time in a row, as reported by Forbes. He earned $48.3 million. Only Roger Federer, Novak Djokovic and Naomi Osaka have made more in a single year. Sinner, the reigning world No. 1, who has already won two of the three Grand Slams this year, and whose rivalry with Alcaraz is shaping the current generation of the sport, stands second on the list. He earned $47.3 million, which is nearly double what he earned in the previous 12 months. Of the total amount, $20.3 million came from the sport directly, the third-most by a tennis player in a single year since Forbes' records began. It is significantly more than what Alcaraz bagged, which is only behind Djokovic's 2016 and 2019 earnings.

Coco Gauff is third on the list, having earned $37.2 million in the last 12 months, more than any other female star in the sport. With her placement, this is the first time since Federer, Maria Sharapova, and Nadal in 2010 that all three of the top three are under 30.