Venus Williams and her sister gave the sport of tennis a new face as they each carved out their legacies in the sport. Venus has done very well in her career despite multiple obstacles. She’s an amazing woman who has built a net worth of an estimated $95 million. We wondered if she became so very wealthy strictly from her athletic career. When we looked into her history and career this is what we learned.
Her early years
Venus was born in 1980 and her natural talents for the game of tennis became apparent when she was still quite young. She was active in the sport and at the young age of 14 she played in Oakland at a professional match. She won the first match but lost in the second against the young lady who would become the champion of the tournament. By 1997, Venus was making it to the quarterfinals in several tournaments. She achieved a breakout when she made it to the US Open finals, losing to Martina Hingis. She continued forward in 1998 and was the winner at the Women’s Tennis Association singles tournament for her first big win then again at the IGA Tennis Classic, which she would win three times. It was at this point in her tennis career that she was acknowledged as a star in the sport.
Venus entered the Grand Slam singles tournament in 2000 and she took the win over Lindsay Davenport at Wimbledon. She went on to achieve yet another victory over Davenport at the US Open later that year and then was the winner of the gold medal at the Sydney Olympics. She continued in 2002 to win four Grand Slam singles titles and this was the year that she achieved the rank of number 1 tennis player in the world by the WTA. She was also the first African American woman to achieve this status and she would be followed by her sister a short time later.
In 2005, Venus ran into some significant bumps in the road. She had a wrist injury that flared up from time to time, but came back from her injuries to win in the finals at Wimbledon in 2007 as well as in 2008. She experienced a more significant trauma in 2011 when she was diagnosed with an autoimmune disorder. She was out of pro tennis for a year but made a comeback and by 2015 she was back on top winning the Australian Open final which was the first Grand Slam final since her previous appearance in 2010.
How much did Venus make from tennis?
WTA statistics show that Venus Williams’ total earnings in prize money is more than $40.5 million. The figure only accounts for less than half of her estimated net worth at this time, so how did she make her tens of millions beyond this?
Venus is a savvy business woman
Venus had a lot of money to work with and she was wise in her investments. Not only is she a star tennis player, she is also an investor and entrepreneur. Venus founded a company that specializes in women’s athletic wear called EleVen as well as an interior design company called V Starr Interiors. These are just two of her entrepreneurial endeavors. She also owns a portion of the UFC and she has made significant investments in other companies that have increased her asset base.
Being a star professional tennis player also means that big brands are anxious to have her endorsement of their products. Even through she didn’t need any endorsements because she has her own line of clothing, she was courted by some big brands including Electronic Arts and she also struck a deal with Wilson Sporting Goods as well as doing a few commercials for Tide detergent.
Venus Williams has made a fortune as a star professional tennis player. The bulk of her $95 million estate however, has been earned through her other entrepreneurial endeavors. She’s a celebrity professional athlete investor and business woman and she’s done very well for herself by making wise investments and establishing her own businesses and endorsing a few major brands along with way.