How Roger Federer turned a $50 million On investment into hundreds of millions
- Roger Federer invested in Swiss sportswear company On in 2019 and became involved as an investor and co-entrepreneur.
- Federer helped On develop tennis footwear including THE ROGER Centre Court and THE ROGER Pro.
- On went public on the New York Stock Exchange in September 2021 at a valuation of around $11.3 billion.
- The $50 million figure is an estimate as on has never officially disclosed the size of Federer’s investment.
Source: economictimes.indiatimes.com
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