It's been a rough year for the tennis player, but at least he has his millions of dollars to ease the pain. 54-year-old Stefan Edberg has taken the No. 1 spot on People With Money’s top 10 highest-paid tennis players for 2020 with an estimated $96 million in combined earnings.
UPDATE 01/10/2020 : This story seems to be false. (read more)
Stefan Edberg 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 Wednesday (September 30) that Edberg is the highest-paid tennis player in the world, pulling in an astonishing $96 million between September 2019 and September 2020, a nearly $60 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 Swedish tennis player has an estimated net worth of $275 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 Edberg Burger” chain) in Stockholm, a Football Team (the “Västervik Angels”), has launched his own brand of Vodka (Pure Wonderedberg - Sweden), and is tackling the juniors market with a top-selling perfume (With Love from Stefan) and a fashion line called “Stefan Edberg Seduction”.
The ranking is significant for many Stefan fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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