Serena Williams has an estimated net worth of $250 million.
What is Serena Williams’ net worth, salary, and earnings throughout her career?
Serena Williams is a multi-time world champion professional tennis player with a $250 million dollar net worth. Many regard her as one of the greatest female tennis players of all time. She is by far the highest-paid female player.
Serena has earned between $30 and $40 million in recent years from on-court earnings and endorsements. Serena earned $35 million between June 2019 and June 2020, with approximately $20 million coming from endorsements.
Serena Jameka Williams was born in Saginaw, Michigan on September 26, 1981, but spent a portion of her childhood in Compton, California. At a young age, she and her sister, Venus Williams, were encouraged to pursue tennis. Both girls were homeschooled to maximize practice time. Richard Williams, her father, and Oracene Price, her mother, served as her official coaches. Other mentors, including Richard Williams, who would go on to found The Venus and Serena Williams Tennis/Tutorial Academy, assisted her in learning the game at a young age. Serena and her family moved to West Palm Beach, Florida when Serena was nine years old to attend Rick Macci’s tennis academy. In 1995, their father withdrew the daughters from Macci’s academy and reclaimed the position of official coach.
Serena Williams has been ranked world number one eight times and has won more money than any other female tennis player in history. Williams has earned more than $90 million in career prize money as of this writing. She has won 23 Grand Slam singles titles and fourteen Grand Slam doubles titles alongside her sister Venus Williams. She also won gold medals at the Olympics in Sydney, Beijing, and London.
At the age of 14, Williams competed in her first professional tournament. Williams, ranked No. 304, made quite an impression at the 1997 Ameritech Cup, upsetting No. 7 and No. 4 ranked players before losing in the semifinals. The victories catapulted her career, and she finished 1997 ranked No. 99.
The following year saw a slew of high-profile victories, including several doubles titles at Grand Slam tournaments such as Wimbledon and the US Open. However, her first singles crown eluded her. Williams established her early dominance in 1999, defeating a slew of top players and winning her first Grand Slam singles title, the US Open.
Serena Williams maintained her dominance throughout the early 2000s, eventually reaching the No. 1 ranking in 2002. That same year, she won three Grand Slam titles: the French Open, Wimbledon, and the US Open, all of which she won by defeating her sister, Venus, in the finals. She won her fourth Grand Slam title, the Australian Open, in 2003. This gave her the title of holder of all four major Grand Slam tournaments concurrently, which she dubbed the “Serena Slam.” She repeated this feat during the 2014-15 Grand Slam season.
She struggled with health and personal issues over the next few years, including knee surgery and the death of her half-sister, Yetunde. While she continued to win tournaments, she dropped out of the top 10, leading many in the tennis community to believe that she and her sister, Venus, were no longer the dominant forces they once were. By 2008, Williams had reclaimed the top spot, winning a string of Grand Slam tournaments.
2011 saw a resurgence of health problems. Doctors discovered a blood clot in one of her lungs that year. She underwent procedures to correct this, prompting many to speculate on her future return to the sport. However, she won major titles the following year, including her first-ever women’s single gold medal at the 2012 Olympic Games. She continued to win titles with victories at the 2012 US Open, the 2013 French, Australian, and US Opens, as well as Wimbledon that year, Wimbledon in 2014 and 2015, and victories at the 2016 Australian Open and Wimbledon. Serena had a difficult year in 2018, losing two consecutive US Opens and Wimbledons.
Serena Williams has remained a dominant force in women’s tennis despite battling injuries and taking time off to become a parent. She owns a number of records, the most notable of which are her 23 Grand Slam singles titles.
Williams is one of the world’s most well-known endorsement athletes. Outside of tennis endorsement deals with Nike and Kraft Foods, she earns between $15 and $20 million per year. Williams signed a $40 million deal with Nike in 2004 to create a fashion line.
Williams uses social media to advocate for a variety of causes, most notably Black Lives Matter and the LGBT community. She is also a strong advocate for gender equality on and off the court, and is candid about her struggles as a female tennis player. She has received numerous honors for her activism, including the NAACP President’s Award.
Serena and Venus are well-known for their hospital visits and tennis matches to benefit Ronald McDonald House charities. In 2004 and 2005, they devoted an entire ESPN special to their charity tour. Serena founded the Serena Williams Foundation, which awards scholarships to deserving students attending universities. Additionally, the foundation contributed to the funding of the Serene Williams Secondary School in Matooni, Kenya. Additionally, the foundation partnered with Helping Hands Jamaica to construct the Salt Marsh Primary School in Trelawny Parish for children in Jamaica.
Serena has partnered with Big Brothers Big Sisters of Greater Los Angeles and has served as an international UNICEF Goodwill Ambassador since 2011. Serena and Venus work together on the Williams Sisters Fund and other charitable endeavors. In memory of their late sister, they collaborated to establish the Yetunde Price Resource Center in Compton. The center assists and serves families who have been impacted by community violence. Williams was named an Ambassador for the Allstate Foundation’s Purple Purse initiative in 2017. Additionally, she supports the Elton John AIDS Foundation, the Great Ormond Street Children’s Hospital of the National Health Service in London, the HollyRod Foundation, and the Eva Longoria Foundation, among others.
Williams has dabbled in television and voice work off the court. She provided voice work for a 2001 episode of The Simpsons and for Playhouse Disney’s Higglytown Heroes in 2005. She has appeared as a guest star on episodes of The Bernie Mac Show, ER, and Law & Order: Special Victims Unit. Serena appeared alongside Alicia Keys and Kanye West in Common’s 2007 music video for I Want You. Venus and Serena Williams collaborated on a book, Venus & Serena: Serving From the Hip: Ten Rules for Living, Loving, and Winning, in 2005.
Serena is the founder of the clothing line S by Serena, which she self-funds. She owns minority stakes in the Ultimate Fighting Championship and the Miami Dolphins.
Williams married Reddit co-founder Alexis Ohanian in November 2017 in New Orleans. Among their wedding guests were Beyonce and Kim Kardashian West. Williams accidentally revealed her pregnancy in April 2017 in a Snapchat photo she intended to keep for her own records. In 2017, she delivered a daughter via C-section due to a pulmonary embolism during labor. She was unable to train for six weeks following her birth due to a second pulmonary embolism. In August 2018, she revealed that she was suffering from postpartum depression.