Serena Williams net worth: Source of wealth explained

US tennis superstar Serena Williams made headlines on Friday, September 2, when she was knocked out of the 2022 US Open in the third round by Australian Ajla Tomljanovic. The 23-time Grand Slam singles title winner was beaten 7-5, 6(4)-7(7), 6-1 at the Flushing Meadows, which could be her final match at the US Open in her career.

Williams is regarded as one of the greatest female players in the history of tennis and her long career, spanning more than two decades, has produced many laurels, both in singles and doubles. Let’s take a look at her life closely.

Also Read: Serena Williams knocked out of US Open 2022

Net worth

According to a report by Celebrity Net Worth, Serena Williams’ net worth is estimated to be around $250 million.

Williams entered her first professional tennis tournament when she was 14 in 1995 and has been playing the sport professionally ever since.

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She has won at least $94 million as prize money till the end of 2021. She also has a huge endorsement deal with the Sports apparel brand Nike, which she signed in 2003. It was originally worth $40 million but could extend to as much as $55 million depending on performance incentives.

She also has a similar deal with Puma worth $13 million. Apart from Nike and Puma, Serena also has deals with other companies such as Wilson, Pepsi, Gatorade, Beats by Dre and others.

The 40-year-old tennis star is the second most-paid woman in the sporting world and made $45.9 million in 2021. However, $1 million of that earning came from outside the tennis court.

Serena has told previously that she does not think about money and that it does not motivate her in her career. She owns a clothing line along with HSN, named Serena Williams Signature Statement collection.

She is also on the board of SurveyMonkey, an online survey company, which she joined in May 2017. Her association with Nike began in 2003, a couple of years after she made her professional debut, and the sports apparel company has now honoured that association by naming a building after Williams.

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Serena has also been a part of the Hollywood film industry, as she was the executive producer of the Oscar-winning film King Richard, which featured Will Smith.

Williams has a venture capital firm named Serena Ventures, which raised at least $111 million in its maiden fund. The company is owned by Serena and Alison Stilman and it has invested in more than 60 companies till the time of writing this article.