Federer's Net Worth Takes a Hit as On Holding's Share Price Plummets

Tennis legend Roger Federer has seen his net worth significantly reduced due to a substantial decline in the share price of luxury sneaker brand On Holding. The company, in which Federer holds a 2.5 per cent stake, experienced a 19 per cent drop in its share price, resulting in a loss of at least $74 million for the tennis icon. According to Forbes, this downturn has led to Federer's net worth decreasing to $1.35 billion. On Holding, which debuted on the New York Stock Exchange in 2021, had previously seen its valuation soar, briefly returning Federer to billionaire status. The Swiss brand, known for its high-performance running shoes, has expanded into a global athletic footwear brand, with Federer playing a role as co-owner and casual fashion consultant since 2019. His involvement with the company, including the launch of his own 'The Roger' range, was met with a positive response, contributing to the company's valuation surge in 2025. However, the recent decline in sales has impacted the company's valuation, affecting Federer's financial empire, which is largely built on his successful tennis career and endorsement deals. With total prize money winnings of over $130 million from his playing career, Federer's financial status remains substantial, despite this setback.