Tuesday, November 5, 2024

Tennis star richer than Federer and Djokovic makes history at Wimbledon

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Tennis star Emma Navarro has continued her historic Wimbledon run by reaching the third round for the first time.

The 23-year-old American made history by reaching the second round for the first time but her journey continues after she impressively beat former world No.1 Naomi Osaka in straight sets.

Wealthy tennis star Navarro booked her place in the third round at WimbledonCredit: AFP

Navarro beat Osaka 6-4 6-1 on Centre Court to set up a third-round showdown with Diana Shnaider.

However, any prize money on offer – she earns £93,000 for winning her second-round clash – at this year’s Championship is likely to be of secondary importance.

That’s because her father, Ben, is a billionaire investment tycoon.

Navarro Sr is the founder and owner of Sherman Financial Group, which owns Credit One bank.

He has made investments in tennis whilst his daughter makes her name on the tennis circuit, purchasing Charleston Tennis LLC in 2018.

Ben completed the renovation of a 10,000-capacity stadium in Charleston and named the Charleston Open after his Credit One empire before buying the rights to the Western and Southern Open.

And the father and daughter isn’t the only family success story as grandfather Frank Navarro is a former American football player and coach.

That all means her net worth stands at a mind-blowing £2.35billion – almost three times the wealth of tennis’ legends, including Roger Federer, Novak Djokovic and Rafael Nadal who have multiple grand slams between them.

Navarro’s Wimbledon run has put a smile on the face of her mega rich father, BenCredit: AFP
Navarro’s net worth dwarfs that of Men’s star Novak DjokovicCredit: Getty
Even Federer and Nadal are unable to match Navarro’s staggering wealthCredit: Getty

In 2023, Forbes reported Federer among the highest paid athletes in the world, who earned $95m (£74m) for not even playing. He has won $130m or prize money in his career and has an estimated net worth of $550m (£433m).

Djokovic has an estimated $240m (£189m) and Nadal’s net worth is said to be $220m (£173m).

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World No.17 Navarro made her first appearance at a Grand Slam in the 2021 US Open which was won by Britain’s Emma Raducanu.

Navarro was knocked out in the first round at Flushing Meadows by Christina McHale before reaching the second round at last year’s French Open.

She won her first WTA Tour title at the Hobart International earlier this year and registered a third round exit at the Australian Open in January.

She is ranked 17th in the world and has so far earned £850k, which is just over $1m. If she beats former no.1 Osaka then it is another £93k in the bank.

Navarro’s best career Slam performance came in last month’s French Open where she reached the fourth round.

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