Tennis legend Serena Williams has been busy since retiring from the sport in 2022.
She Williams has been active as an investor for many years, but since she retired from tennis, she has become even more active as an investor. In her TikTok posted on her own page last month, Williams said she has 85 companies in her personal portfolio, 14 of which are unicorns valued at over $1 billion. or a start-up, she said.
Mr. Williams has released a video titled “My mission after tennis is investing in us! Women, people of color and diversity.” Williams’ venture capital fund, Serena Ventures, has proven that about 79% of the companies it backs have underrepresented founders, and 54% have female founders.
Williams is an entrepreneur himself. Just last week, Williams launched her own beauty brand, Win Beauty by Serena Williams, whose products are available online and at beauty retailer Ulta.
According to Forbes magazine, Williams’ net worth was $290 million as of June. Williams built his wealth through his career as a tennis champion, sponsorship deals, investments, and business ventures.
Learn more about how Williams made his millions.
Tennis and Recommendations
Williams is widely considered one of the greatest tennis players of all time.
Williams has won 23 Grand Slam titles, in singles she has been world No. 1 for 319 weeks, and in the Olympics she is a four-time gold medalist. Williams, who spent nearly 30 years on the court, had earned about $95 million in tennis prize money by the time she retired in 2022.
Williams is ranked 49th on Forbes magazine’s 2023 list of the world’s highest-paid female athletes (the only woman in the top 50) and will continue to earn money in 2022-2023, primarily through lucrative endorsement deals. , which earned an estimated $45 million before taxes. Nike, Lincoln, Michelob Ultra Beer.
In 2003, Williams signed a contract with Nike that paid him $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 His Dre, and Gatorade.
Investments and Companies
Williams has also been an avid investor for many years.
The tennis champion founded his own venture his capital fund Serena Ventures in 2015. The company’s portfolio includes companies such as Zigazoo, a children’s social media app with more than 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 line of personal care products for topical pain relievers and sports recovery. 8 She also has her own clothing line, her S by Serena, and her jewelry line, Serena Williams Jewelry.
The tennis star also runs her own multimedia production company, Nine Two 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 with the NFL team 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.
Multi-hyphenate athlete is also an author – Williams published a children’s book called “The Adventures of Qai Qai” in September 2022.