Who is Novak Djokovic?
Novak Djokovic, a Serbian professional tennis player, was born on May 22, 1987. The Association of Tennis Professionals (ATP) has him at No. 1 in the world for men’s singles, and he has maintained that position for a record-breaking 378 weeks, as well as an Open Era-high seven times.
He has amassed 93 singles victories on the men’s ATP Tour, including a record 66 Big Titles, a joint-record six Tour Finals, a record 10 Australian Opens, a record 38 Masters, and a record 22 majors.
What is Novak Djokovic Net Worth?
With a net worth of $230 million (£190.5 million), Novak Djokovic ranks among the top 100 highest-paid athletes in the world. In the last several years, Djokovic’s net worth has increased by 42%.
His endorsement revenue, which totals almost $26 Million, and his salary and winnings, which total $5.5 Million, account for the majority of his earnings.
In addition to his winning run, Djokovic has gained popularity for his charitable endeavours. He oversees a number of charitable groups, including Novak Djokovic Charitable Work.
What is the career earning of Novak Djokovic?
More money has been made from on-court victories by Novak Djokovic than by any other tennis player in recorded history. In July 2021, he reached the $150 million mark for the first time in his career.
With his $12 million haul in 2011, Novak Djokovic broke the previous record for the most prizes won in a calendar year.
Novak made $24 million between June 2017 and June 2018 in salary and endorsements. His income from June 2018 to June 2019 was an astounding $50 million. He made $45 million from June 2019 to June 2020.
As Novak won Wimbledon in July 2019, his overall career earnings surpassed Roger Federer’s $124 million lifetime earnings to reach $133 million, breaking the previous record. In comparison to Federer’s $129 million, he has won $144 million in tournament rewards alone.
What are the brands endorsed by Novak?
Djokovic supports the German nutritional supplement firm FitLine and the Telekom Srbija, a Serbian telecommunications provider.
When Djokovic became a professional in 2003, he started dressing in Adidas. When Adidas declined to renew his apparel contract, Djokovic signed a ten-year agreement with the Italian clothing brand Sergio Tacchini at the end of 2009. (choosing instead to sign Andy Murray).
Although Tacchini does not produce shoes, Djokovic continued to wear Adidas. Due to Djokovic’s disproportionate success and domination in 2011, which were factors that contributed to the termination of his sponsorship agreement with Tacchini, the firm fell behind on bonus payments.
In 2011, Djokovic started donning specially made Red and Blue Adidas Barricade 6.0 sneakers, which are the colours of the Serbian flag. The Tacchini transaction had failed and broken apart by April 2012.
He had been expected to work with Nike, Inc. at that time, but on May 23, 2012, Djokovic was named Uniqlo’s global brand ambassador.
The five-year sponsorship, which is allegedly worth €8 million year, started on May 27, 2012, at the French Open tennis competition in Paris. Before to the 2013 French Open, Djokovic’s long-term footwear partnership with Adidas was revealed.
Djokovic was named the brand ambassador for Swiss watchmaker Audemars Piguet in August 2011. Djokovic secured a sponsorship agreement with Mercedes-Benz less than a month later.
Djokovic joined the likes of actor and pilot John Travolta, architect Frank Gehry, maestro Valery Gergiev, and classical pianist Lang Lang when Bombardier Aerospace named him as its newest Learjet brand ambassador in March 2012.
Djokovic has been a Peugeot driver since the beginning of 2014.
He had recently parted ways with competitor watchmaker Audemars Piguet when he signed an endorsement agreement with Japanese watchmaker Seiko.
After a five-year association with Uniqlo, Djokovic was introduced as a brand ambassador of Lacoste on May 22, 2017.
Does Novak Have investments for the future?
When Djokovic rose in the tennis rankings in 2005, he started dabbling in business. The majority of his economic endeavours have been carried out through Family Sport, a Serbian legal organisation founded and managed by members of his close family.
As a limited liability company, Family Sport first concentrated on the food industry by opening Novak Café & Restaurant, a franchise built on Novak Djokovic’s tennis accomplishments.
Over time, the business, whose day-to-day operations are primarily managed by Novak’s father Srdjan and uncle Goran, extended its business operations to include real estate, organising sporting and entertainment events, and distributing athletic gear.
The franchised network of theme café-restaurants was founded by the firm in 2008 with the opening of Novak Café & Restaurant in the Novi Beograd neighbourhood of Belgrade.
Two further facilities were added in 2009—one in Kragujevac and the other in Belgrade, the second facility in the city, in September at the Dorol neighbourhood overlooking the Serbia Open’s playing courts, whose maiden edition had taken place months previously.
A facility in Novi Sad was inaugurated on December 16th, 2011, although it was only operating for little over three years before shutting in late March 2015.
On October 16, 2015, the Novak Café & Restaurant opened in Banja Luka, Bosnia, within the Hotel Trenja on Banj hill.
After capturing his fourth Rome Masters crown in May 2015, Djokovic introduced his Djokolife range of wholesome food items.
Djokovic debuted the vegan eatery Eqvita in Monte Carlo on April 10, 2016, while attending the Monte-Carlo Masters. According to reports, the eatery shut down in March 2019.
Djokovic owns 80% of the biotech company QuantBioRes, which says it is working on a medication to cure COVID-19 sufferers.
One biomedical scientist compared their work to homoeopathy and claimed that it “does not reflect a contemporary understanding of how biochemistry works,” while Peter Collignon said that their website “describes a way of finding a new molecule without providing any evidence of success.” Their research is based on electromagnetic frequency.
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