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Benzinga
Benzinga
Business
Hina Nainani

How 3% Of A Shoe Company Made Federer More Money Than 20 Grand Slam Wins

Federer,Tour,-,Ibirapuera,-tenis,-,Sports,-,Swiss,Tennis

Tennis great Roger Federer's most lucrative financial move wasn't made on a tennis court — it came through a strategic investment in a Swiss sneaker company, On Holding AG (NYSE:ONON).

According to Bloomberg's Billionaire Index, Federer has amassed a net worth of $1.3 billion. While he earned $130.6 million in prize money during his 24-year career — including 20 Grand Slam titles — his wealth primarily stems from endorsements and investments.

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