Roger Federer’s Wealth Takes a Hit After On Holdings Drop

Oh no, Roger Federer just hit a snag! After a big drop in On Holdings shares, he lost a staggering $52 million, bringing his net worth down to about $953 million. The Swiss tennis superstar, who owns 3% of the company, is still a key player in the sneaker scene, teaming up with stars like Iga Swiatek and Ben Shelton.