Swiss tennis player Roger Federer has unexpectedly lost his billionaire status, according to “Glavkom,” citing Forbes. The main reason for the decline in his net worth was a drop in the value of shares in the sports brand On, of which Federer is a co-owner.
On Tuesday, August 11, On Holdings’ stock fell by 19%. Federer owns approximately 2.5% of the company, which manufactures athletic footwear and apparel. In the second quarter of 2026, On’s net sales totaled about 850 million Swiss francs, which is 13% more than in the previous quarter but still 28 million francs less than projected.
Due to the missed financial forecasts, the former world No. 1 tennis player’s net worth dropped by more than $52 million in a single day, bringing his net worth down to $952.4 million—below the billion-dollar mark.
Over his outstanding 24-year career, Federer has won 103 titles, including 20 Grand Slam victories. He held the world No. 1 ranking for 237 consecutive weeks from 2004 to 2008.
Rosters for the Ukrainian and Belgian Women’s National Tennis Teams
The rosters for the teams competing in the Billie Jean King Cup quarterfinals have been announced. Ukraine will be represented by:
- Elina Svitolina (No. 10 WTA)
- Marta Kostyuk (No. 11 WTA)
- Oleksandra Oliinykova (No. 44 WTA)
- Dayana Yastremska (WTA No. 87)
- Lyudmila Kichenok (No. 45 WTA in doubles)
The Belgian team will consist of:
- Hanne Vandeウィンケル (No. 91 WTA)
- Elin Vandromme (WTA No. 128)
- Gret Minnen (No. 182 WTA)
- Magali Kempen (No. 50 in WTA doubles)
The match between the Belgian and Ukrainian national teams will take place on September 24 at 5:00 a.m. Kyiv time.
