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Managing bucks, the Swiss way

Roger Federer says he is embarrassed by the fabulous riches he has amassed as the greatest Grand Slam winner in men’s tennis.

sports Updated: Jan 21, 2011 23:46 IST

Roger Federer says he is embarrassed by the fabulous riches he has amassed as the greatest Grand Slam winner in men’s tennis.

The Swiss great has earned a phenomenal $61 million in disclosed career prize money and is estimated to have a net worth at between $100 and 160 million — and all before the age of 30.

The 16-time Grand Slam champion was asked whether he was embarrassed by the immense amount of money he has made out of tennis. “Yeah, sure. I never expected myself to earn so much money,” Federer said.

“This is where I always thank the older (tennis) generation for all their hard work where prize money wasn’t so high yet, but they were doing it basically for the love of the game because that’s what it was.

“The platform we have today is incredible. I didn’t start playing tennis to make a living out of it. It was just more living a dream, trying, because you knew, okay, you could make a bit of money.”

He was also asked where he invested all his tennis earnings. “What do you expect what a Swiss guy would say?” he laughed. “We put it in the banks, yes, that’s what we do. And we sit on top of it. Then we’ll see later on what we do with it.

“I’m not going to tell you, no. Sorry.”

Indo-Pak duo on track
India’s Rohan Bopanna andAisam-Ul-Haq Qureshi of Pakistan entered the third round of men’s doubles after a hard-fought three-set victory over the Frenchmen Jeremy Chardy and Arnaud Clement 6-3 4-6 6-4.