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Roger Federer loses billionaire status after On's share price collapse

14 August,2026 09:04 AM IST |  Mumbai  |  A Correspondent

According to Forbes, Federer lost $52mn (approx Rs 496cr) after On’s shares fell by nearly 19 per cent. His net worth now stands at $952mn (approx Rs 9083 crore). 

Roger Federer. Pic/Roger’s Instagram


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Tennis legend Roger Federer is no longer a billionaire after the luxury sneaker brand On's share price collapsed recently - the 20 time Grand Slam champion holds a 2.5 per cent stake in the Swiss company.

According to Forbes, Federer lost $52mn (approx Rs 496cr) after On's shares fell by nearly 19 per cent. His net worth now stands at $952mn (approx Rs 9083 crore).

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