Roger Federer is reportedly set to become tennis’ first billionaire.
According to a report from Tennis.com, Federer’s career earnings (on and off the court) are currently around $US900 million – with $200 million more coming in 2020.
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That would make Federer just the third professional athlete to crack the billion-dollar mark – joining Michael Jordan, Tiger Woods and Floyd Mayweather.
According to official ATP figures, Federer has earned $US129 million in prize money by playing tennis.
But it’s off the court where he makes the real money.
According to Forbes, Federer rakes in $US93.4 million every year through prize money and sponsorships with the likes of Uniqlo, Rolex, Credit Suisse and Mercedes Benz.
“I’ve never done crazy, silly investments,” Federer told CNBC about a recent investment in Swiss running shoe company ‘On’, saying this was his largest investment to date.
“I remember once back in 2004 when I came here to the US Open, people were saying I don’t have enough partners.
“I think it’s great I kept a bit of a white canvas, then I was able to partner with the best brands in the world.”
Controversy around Credit Suisse partnership
Unfortunately not all of Federer’s sponsorships have come without controversy.
He is currently under fire from climate activists over Credit Suisse’s heavy investments in fossil fuels.
A dozen Swiss activists appeared in court on Tuesday after refusing to pay a fine for playing tennis inside branches of Credit Suisse last year in a stunt intended to highlight the bank’s fossil fuel investments and “stop people acting like nothing is happening”.
Video footage from 2018 shows students dressed in tennis whites playing matches inside Credit Suisse branches in Lausanne and Geneva to underscore Federer’s sponsorship deal with the bank, which they want him to drop.
The hashtag #RogerWakeUpNow began trending on Twitter, while several activists outside the courtroom held banners saying, “Crédit Suisse is destroying the planet. Roger, do you support them?”
Greta Thunberg then retweeted a post from 350.org Europe claiming Credit Suisse had given $US57 billion to companies looking for new fossil fuel deposits.
“Roger Federer do you endorse this?” the tweet read.
On Saturday, Federer issued a statement addressing his partnership with Credit Suisse.
“I take the impacts and threat of climate change very seriously, particularly as my family and I arrive in Australia amidst devastation from the bushfires,” a statement from Federer said.
“As the father of four young children and a fervent supporter of universal education, I have a great deal of respect and admiration for the youth climate movement, and I am grateful to young climate activists for pushing us all to examine our behaviours and act on innovative solutions. We owe it to them and ourselves to listen.
“I appreciate reminders of responsibility as a private individual, as an athlete and as an entrepreneur, and I’m committed to using this privileged position to dialogue on important issues with my sponsors.”