It's been a rough year for the tennis player, but at least he has his millions of dollars to ease the pain. 48-year-old Michael Chang has taken the No. 1 spot on People With Money’s top 10 highest-paid tennis players for 2021 with an estimated $75 million in combined earnings.
UPDATE 25/01/2021 : This story seems to be false. (read more)
Michael Chang tops annual list of highest-paid tennis players
In 2018 it looked like the tennis player’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (January 24) that Chang is the highest-paid tennis player in the world, pulling in an astonishing $75 million between December 2019 and December 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 American 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 Chang Burger” chain) in Washington, a Football Team (the “Orange County Angels”), has launched his own brand of Vodka (Pure Wonderchang - US), and is tackling the juniors market with a top-selling perfume (With Love from Michael) and a fashion line called “Michael Chang Seduction”.
The ranking is significant for many Michael fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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