The American tennis champion Serena Williams has excelled emphatically even in the business world. Recently, Poshmark, a resale shopping app she has invested in, made a fortune overnight.
Amid the pandemic outbreak, the entire world resolved their needs through e-commerce outlets. In this scenario, Poshmark became essential as it allowed Americans to both buy and sell new/used clothes, shoes, and accessories.
When it comes to Serena’s investing side, she is all about supporting entrepreneurs. “I love working with a company that gives anyone an opportunity to become an entrepreneur,” Serena said.
The 39-year-old had taken an interest in Poshmark and became a board member in 2019. Today, she has stock options to buy $8 million worth of shares. Serena knows where to invest and that has brought her handsome returns.
Apart from her recent million dollar jackpot, the American tennis player has put her money in varied businesses. Her capital venture, Serena Ventures, works primarily to find the right investment prospects. To date, she has 40+ companies capitalized under her firm.
Additionally, the 23-time Grand Slam winner has her own jewelry and fashion line. All this bought her a place on Forbes’ list of the 100 richest self-made American women in 2020.
Presently, the 4-time Olympic Gold medalist is in quarantine in Adelaide. Next month, she will resume her quest for the 24th Grand Slam at the Australian Open 2021.
Considering the 5-hour training period for players during quarantine in Australian bubbles, Serena will be prepared in time for the Slam. Her coach, Frenchman Patrick Mouratoglou, has already sent out a warning to her opponents.
While many have predicted that this might be the last tennis season for the former World No. 1, Williams seems far from sharing that thought. However, if she equals Margaret Court’s all-time most major titles record, things might change.
But for now, it’s time for Serena to play her best tennis and realize her goal. Do you think Serena can make or cross the 24th Slam?