While many are wondering when Roger Federer will return to the court, the Swiss tennis player is very much involved in business, but it seems that he is not doing well…
Namely, Roger Federer is in a big problem, not only is he talking more and more about retirement from tennis, but he allegedly lost 200 million dollars on the stock market!
According to several Swiss media, he had large investments in the sports equipment company “On”, but the shares are in a big decline and because of that he is at a big loss. Shares fell from $39.95 to $17.37.
- It is not known exactly how many shares Roger has in that company, but earlier it was written that his share was around three percent. This means that he lost about 200 million dollars due to the fall in shares – according to the media.
The “Switzerland times” portal explained the reasons for such events and pointed out that everything can change quickly.
- There are many reasons for the decline, the war in Ukraine, the coronavirus pandemic, all of which have a great impact on the market. In addition, it should be emphasized that the stock market is unpredictable and that with a jump in shares in a short period of time, he could make up for all that, and even earn even more quickly – he added.
