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Forbes: Tennis star Naomi Osaka becomes world’s highest paid female athlete

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Tennis star Naomi Osaka becomes worlds highest paid female athleteOn May 23, 2020, Japanese tennis star Naomi Osaka, 22 years old, became the highest paid female athlete in the world, topping American great Serena Williams. Osaka has been ranked No.1 by the Women’s Tennis Association (WTA). The complete Forbes list, due to be released next week.

Key Points:

i.Naomi Osaka: Osaka, a two-time Grand Slam champion, ranks No. 29 on the 2020 Forbes list of the world’s 100 top-paid athletes while Williams is No. 33.

ii.Osaka earned $37.4 million in the last 12 months from prize money and endorsements, $1.4 million more than Williams, setting an all-time earnings record for a female athlete in a single year. Maria Sharapova previously held the record with $29.7 million in 2015.

iii.Recognition: Naomi Osaka was the winner of 2018 US Open and 2019 Australian Open and has secured lucrative deals with global brands like Procter & Gamble, All Nippon Airways and Nissin.

iv.Forbes began tracking women athletes income in 1990, tennis players have topped the annual list every year.

v.Serena Williams: The ascension puts an end to a decisive winning streak for Williams, who has been the world’s highest-paid female athlete each of the past 4 years, with annual pre-tax income ranging from $18 million to $29 million.

vi.Serena Williams, 38 years old star, 23-times Grand Slam champion has collected almost $ 300 million during her career.

About Forbes: 

Forbes is an American business magazine, published bi-weekly, it features original articles on finance, industry, investing, and marketing topics and also reports on related subjects such as technology, communications, science, politics, law etc.,
Headquarters-Jersey City, New Jersey, US (United States).
CEO (Chief Executive Officer)– Mike Federle.

About Japan:

Capital– Tokyo.
Prime Minister (PM)– Abe Shinzo.
Currency– Japanese Yen.