Roger Federer is no longer a billionaire after a major stock market crash

Roger Federer has ceased to be listed as a billionaire following the stock market collapse of On Holding, the Swiss sportswear and footwear company in which the 20-time Grand Slam champion holds a stake. The movement of the shares has caused the estimated fortune of the former tennis player to fall below 1 billion dollars, just a few months after Forbes included him for the first time in its list of billionaires.

The blow came after On presented sales forecasts for the entire year below analysts' expectations. The company's shares plummeted by about 19%, leading to a loss of approximately 52 million dollars in the value of Federer's stake, according to estimates collected by Forbes. The Swiss holds about 2.5-3% of the company, an investment that has become one of the main sources of his fortune after retirement.

A fortune built away from the courts

Federer first appeared on Forbes' billionaire list in 2026 with an estimated fortune of 1.1 billion dollars. The Swiss thus became one of the few athletes in history to reach that figure, largely thanks to his endorsement income and, especially, his investment in On.

Now, after the stock market drop, Forbes estimates his fortune to be around 952 million dollars. In any case, this figure is still far from jeopardizing the wealth of one of the greatest commercial figures in the history of tennis. The paradox is evident, as Federer became a billionaire partly due to a company directly linked to tennis and has now lost that status for the same reason. A stock market crash may have temporarily removed him from the ten-digit club, but his business model away from the court remains intact.

This is an automatic translation. You can read the original news, Roger Federer deja de ser multimillonario tras una fuerte caída en bolsa