It's been a rough year for the tennis player, but at least he has his millions of dollars to ease the pain. 40-year-old Juan Carlos Ferrero has taken the No. 1 spot on People With Money’s top 10 highest-paid tennis players for 2020 with an estimated $75 million in combined earnings.
UPDATE 07/06/2020 : This story seems to be false. (read more)
Juan Carlos Ferrero tops annual list of highest-paid tennis players
In 2017 it looked like the tennis player’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Saturday (June 6) that Ferrero is the highest-paid tennis player in the world, pulling in an astonishing $75 million between May 2019 and May 2020, a nearly $40 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The Spanish tennis player has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Ferrero Burger” chain) in Madrid, a Football Team (the “Ontinyent Angels”), has launched his own brand of Vodka (Pure Wonderferrero - Spain), and is tackling the juniors market with a top-selling perfume (With Love from Juan Carlos) and a fashion line called “Juan Carlos Ferrero Seduction”.
The ranking is significant for many Juan Carlos fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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