Serena Williams has enormous endorsements portfolio, earning around $15 to 20 million a year. While this is quite impressive, the question remains: How much does she earn playing tennis? It could range anywhere from $8 million up to $15 million depending on how you calculate it. You'll be amazed at how she manages to fit it all in. Continue reading to discover more.
Serena Williams boasts a large endorsements portfolio
While her fame and success on the tennis court have earned her a net worth of about $225 million, Serena has also become a favorite of many brands. Her endorsement portfolio is extensive since her 2001 debut. Her initial sponsors were Puma and Nike, but since 2004 she has become a spokesperson for Aston Martin and Wilson racquets. Other brands associated with Williams include AbbVie, Audemart, Beats Electronics, Ford Motor, and many more.
Her endorsements earn her $15-20 million
A woman who has dominated the tennis court for more than a decade has now begun to cash in on her fame with a series of lucrative endorsement deals. Serena Williams has been a brand ambassador for Nike, Kraft Foods, and sportswear company Nike. Her annual earnings are between $15 and $20 millions. Her endorsements list is long. A recent $40 million Nike deal was signed and she recently signed a Nike fashion line.
Tennis is her main source of income. She makes around $8 million
While her primary source of income is tennis, she has a number of endorsements. The prize money earned by Serena was more than twice that of the next highest paid female tennis player. Serena has business interests as well, including the S by Serena apparel line and venture capital firm. Her image has been used by many brands and products, including Nike and Aston Martin.
She owns a house in Palm Beach
Serena Williams is the owner of a Palm Beach mansion. Venus, her husband, spent two years building their Palm Beach Gardens home. The couple were married for 20 years, and the house is on 1.25 acres. It boasts a gorgeous pool, spa, gardens, and other amenities. While Williams has not shared many photos of her new property, she has posted a few on Instagram. She also runs a design firm and plans on spending more time working on her game in the Australian Open in 2021.
She is an avid supporter of philanthropy
Apart from tennis, Serena Williams has also devoted time to various causes. She is an UNICEF ambassador, and she works in various campaigns to improve children's lives in developing nations. She has been an active participant in the schools for Asia campaign and has visited Africa with UNICEF in 2006. Her other philanthropic projects include the building of schools in Ghana and South Africa, supporting the Big Brother Big Sisters program, and promoting gender equality in schools.