WATCH: Roger Federer Congratulates ON Founders After Recent Success
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Swiss tennis star Roger Federer has had a rough season. In the past 20 months, the former World No. 1 player hasn’t played much tennis. His injuries have forced him to undergo two knee surgeries in the previous season with another one lined up. However, these injuries have not stopped him from pocketing huge paychecks.
Late in 2019, Roger Federer invested in ON shoes. It is a Swiss company that specializes in making running shoes and the 20-time champion has invested in the company. Recently, the company went public on the New York Stock Exchange and the prices of the shares jumped by 47%.
Roger Federer backed ON Shoes is doing wonders
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The company has been valued at a whopping $11.35 billion. The company was founded in 2010 by Olivier Bernhard, David Allemann, and Caspar Coppetti. However, in 2019, Federer investing an undisclosed sum in the company.
Reflecting on Federer’s season so far, he began competing in Doha after being on the sidelines for well over a year. Sadly, he lost in the initial stages and was not seen until the clay season. He competed in Geneva but faltered in the opening round.
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It seemed dicey as he was entering the French Open, his first Grand Slam event after the Australian Open 2020. He won the first three matches but withdrew himself before the fourth-round match as he lacked match practice.
After that, he competed in Halle but lost to Felix Auger Aliassime in the second round. It wasn’t the best preparation for him entering the Wimbledon Championships. Unfortunately, he lost in the quarterfinal to Hubert Hurkacz, though he did well to even reach that stage. Since then, he has not been seen and issued a statement of ending his season. We hope to see him back competing on the courts again.
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