Serena Williams is a multi-millionaire tennis star with a fortune estimated at $260 million. In the eyes of many, she is one of the greatest women’s tennis players ever to grace the court. By a wide margin, she is the highest-paid female player.
With her on-court earnings and endorsements, Serena has been able to bring in $30 – $40 million a year on average in the recent past. Serena, for example, earned $35 million between June 2019 and June 2020, of which around $20 million came from endorsements, according to Forbes.
|Name||Serena Jameka Williams|
|Net Worth||$260 million|
|Age||40 years (born September 26, 1981)|
|Residence||Florida, United States|
|Source of Wealth||Tennis prize money, endorsements, and business ventures|
|Endorsements||AbbVie, Anheuser-Busch InBev, Audemars Piguet, Away, Beats Electronics, Bumble, DIRECTV, Inc., Ford Motor, Gatorade, Gucci, Hanesbrands, JPMorgan Chase, Nike, Procter & Gamble, Subway, Tapestry and Wilson Sporting Goods.|
|Endorsement Earnings||$45 million|
|Philanthropy||Serena Williams Fund, Yetunde Price Resource Center|
Early Life and Childhood
Saginaw, Michigan-born Serena Jameka Williams grew up in the Compton neighborhood of Los Angeles. In the early stages of her life, she and her sister Venus Williams were encouraged to pursue a career in tennis.
In order to maximize practicing time, both girls were homeschooled. Her official coaches were her parents, Richard Williams and Oracene Price. Richard Williams, who would go on to develop the Venus and Serena Williams Tennis/Tutorial Academy, was one of her early teachers.
In order to attend Rick Macci’s tennis academy in West Palm Beach, Florida, Serena and her family relocated there at the age of 9. When their father took over as their official coach in 1995, he withdrew the girls out of Macci’s academy and started from scratch.
Serena Williams is the most successful female tennis player of all time, having reached the summit of the world rankings eight times.
A lifetime prize fund of more than $90 million has been accrued by Williams as of this writing She has won 23 Grand Slam singles titles and 14 Grand Slam doubles win.
Olympic gold medals in Sydney, Beijing, and London were also part of her record-setting haul.
Williams made her professional debut at the age of 14 in 1995. An unranked Williams in the 1997 Ameritech Cup overcame No. 7 and No. 4 before losing in the semifinals to a top-ranked player. She concluded the year with a ranking of No. 99 after a string of victories.
Many high-profile victories followed that year, including some Grand Slam doubles crowns at Wimbledon and the US Open.
However, she was still unable to come up with a title for her first single. Williams began to display her early supremacy in 1999, defeating a run of elite competitors and winning her maiden Grand Slam singles championship, the US Open, in the process.
Serena Williams remained at the top of the rankings for the first several years of the new millennium, finally taking the top spot in 2002.
She also won three Grand Slam titles that year: the French Open, Wimbledon, and the US Open, all of which she beat her sister Venus in the finals of.
She won the Australian Open in 2003, her fourth Grand Slam championship. Serena called to this as the “Serena Slam,” which she held at the same time as the Grand Slam titles.
The 2014-15 Grand Slam season would be the second time she had achieved this achievement.
After knee surgery and the loss of her half-sister, Yetunde, the next few years were difficult for her. While she continued to win events, many in the tennis community began to believe that she and her sister, Venus, were no longer the dominant forces they once were.
Williams, on the other hand, was able to work her way back to the top of the rankings by 2008 and go on to win a number of Grand Slam titles.
There was a resurgence of health issues in 2011. Doctors discovered a blood clot in one of her lungs in the same year. Many feared she might never play again after she underwent surgeries to fix the problem.
Alexis Ohanian, the co-founder of Reddit, married Williams in New Orleans in November 2017. Celebrities like Beyonce and Kim Kardashian West were among the attendees at their wedding.
Pregnancy was revealed to the world by Williams in a Snapchat shot that she wanted to preserve for her personal records in April 2017.
Due to a pulmonary embolism during labor, she had a daughter through C-section in 2017.
Due to a second pulmonary embolism six weeks after her birth, she was unable to begin her training.
For those wondering, Forbes estimates Serena Williams’ wealth at $260 million.
Serena Williams is not only a tennis prodigy but also a business whiz who knows how to make the most of her massive money. She is an investor who has put money into a number of companies. Her “Serena Ventures” VC firm has raked in $111 million in funding. Poshmark and SurveyMonkey both have her as a board member. Williams is a part owner of the Miami Dolphins of the National Football League.
Although Serena Williams has several homes in her portfolio, she and her family currently reside in a huge Florida mansion. Sister Venus Williams, who also has her own interior design firm, was responsible for the home’s design.
The massive 14,500-square-foot residence is the ideal embodiment of Williams’ taste and the modern and minimalist aesthetic. Her beautiful mansion had everything a person could want, except for a tennis court. Williams made that choice on purpose because she valued maintaining a wall between her private and public lives.
When it comes to promoting various issues, such as Black Lives Matter and the LGBT community, Williams uses social media to her advantage.
Both on and off the tennis court, she’s a strong advocate of gender equality, particularly for women in the sport. Many honors have been bestowed to her as a result of her work, including the NAACP President’s Award.
In order to generate money for Ronald McDonald House organizations, Serena and Venus often visit hospitals and play tennis matches there. In 2004 and 2005, an entire ESPN series was devoted to their charity tour.
For the benefit of needy kids, Serena launched the Serena Williams Foundation. The Serene Williams Secondary School in Matooni, Kenya, was also supported by the foundation.
It has teamed up with Helping Hands Jamaica to help students in Trelawny Parish, Jamaica, establish the Salt Marsh Primary School.
Serena has been a UNICEF Goodwill Ambassador since 2011 and has worked with the Big Brothers Big Sisters of Greater Los Angeles.
On behalf of the Williams Sisters Fund, Serena and Venus engage together on philanthropic endeavors. Together, they established the Yetunde Price Resource Center in memory of their deceased sister in Compton.
Community violence victims’ families are served by the facility. Williams was named an Allstate Foundation Purple Purse Ambassador in 2017.
To name a few of the charities she has supported: Elton John AIDS Foundation, Great Ormond Street Children’s Hospital in London (NHS), HollyRod Foundation, and the Eva Longoria Foundation.
Other Business Opportunities
Williams has done some voice and television work while he isn’t on the court. On The Simpsons in 2001, she contributed voice work for an episode of Higglytown Heroes, and in 2005, she did the same for a Playhouse Disney project.
ER, Law and Order, and The Bernie Mac Show have all featured her as a guest star. Alicia Keys and Kanye West both appeared in Common’s I Want You music video in 2007.
There is a 2005 book by the Williams sisters called Venus and Serena: Serving from the Hip, which includes ten rules for living, loving (and winning) your life, as well as for your career.
S by Serena is the apparel label founded by Serena. UFC and Miami Dolphins are two of the businesses she owns a little part in.
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