Roger Federer has lost at least $52 million in stock, knocking him out of billionaire territory. The 20-time grand slam champion owns 2.5 percent of the sneaker brand On, which plummeted 19 percent on Tuesday, according to Forbes. The former Swiss tennis player, 45, now has a net worth of $952 million. It was estimated last year to be $1.1 billion. The high-performance Swiss sneaker brand was founded in 2019 in Zurich and released “The Roger” collection of shoes in 2025, leading to a massive surge in the company’s value. Federer joined the company at its founding as a co-owner, but later shifted his involvement to fashion consulting. During his career, the eight-time Wimbledon champion racked up a total of $130 million in prize money and $300 million from a 10-year apparel deal with Uniqlo, but On Running remains his greatest investment yet.
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