Important points
- Tennis champion Serena Williams has a net worth of $290 million. Forbes.
- Williams earned $95 million in prize money from her career as a champion tennis player.
- Ms. Williams is an avid investor, and 14 of the companies in her portfolio are startups valued at more than $1 billion.
- Ms. Williams runs several businesses of her own, including makeup, clothing, jewelry, sports recovery, and entertainment.
Tennis legend Serena Williams has been busy since retiring from tennis in 2022.
Williams has been an investor for many years, but has become more invested since retiring from tennis. In a TikTok posted to his page last month, Williams said he has 85 companies in his personal portfolio, 14 of which are unicorns, or startups valued at more than $1 billion. Ta.
Williams captioned the video: “My mission after tennis is to invest in us! Women, people of color, and diversity.” Williams’ venture capital fund Serena Ventures is proof of this, with approximately 79% of the companies it supports having underrepresented founders, and 54% having female founders.
Williams is an entrepreneur himself. Just last week, Williams launched her own beauty brand, Win Beauty by Serena Williams, with products available online and at beauty retailer Ulta.
Williams’ net worth was reportedly $290 million as of June. Forbes. Williams built his wealth through his career as a champion tennis player, sponsorship deals, investments, and business activities.
Here’s a closer look at how Williams made his millions.
tennis and recommendations
Williams is widely regarded as one of the greatest tennis players of all time.
Williams is a 23-time Grand Slam champion, spent a record 319 weeks as the world’s No. 1 singles player, and is a four-time Olympic gold medalist. Williams earned about $95 million in tennis prize money before retiring in 2022 after nearly 30 years on the court.
Williams was ranked 49th. forbes magazine List of the world’s highest-paid athletes in 2023 (the only woman in the top 50). She earned an estimated $45 million before taxes from 2022 to 2023, mainly from big-ticket sponsorship deals with brands like Nike, Lincoln, and Michelob Ultra Beer.
In 2003, Williams signed a deal with Nike that would pay the tennis champion $55 million over eight years. The tennis star still has a collection with Nike and the Serena Williams Design Crew. Williams has partnered with many major brands over the years, including Puma, Audemars Piguet, Beats by Dre, and Gatorade.
investment and business
Mr. Williams has also been an avid investor for many years.
The tennis champion founded her own venture capital fund, Serena Ventures, in 2015. Among the companies included in its portfolio is Zigazoo, a children’s social media app with over 1 million users.
Williams’ makeup brand is her latest venture, but it’s not her first. In 2022, she co-founded her Will Perform, a product line of topical pain relievers and body care products for sports recovery. She also has her own clothing line “S by Serena” and jewelry “Serena Williams Jewelry.”
The tennis star also runs his own multimedia production company, Nine to Six Productions. The company has several projects in the works, including the soccer documentary Copa 71, which she is executive producing with fellow tennis player and sister Venus Williams. The Williams sisters are also executive producers on the Oscar-nominated film about their father, King Richard.
The Williams sisters have been investors in the NFL team, the Miami Dolphins, since 2009, making them the first black women to become minority owners in the league. The Dolphins were worth an estimated $5.7 billion as of August.
Williams, a multihyphenate athlete, published a children’s book, The Adventures of Kaikai, in September 2022.
