The tennis world is in shock as Swiss legend Roger Federer announced his retirement last Thursday. In a span of just a few weeks, not only has Serena Williams retired but also Federer, causing a huge blow to the sport.

As the Swiss ace revealed he was retiring from the game, let's take a look at his career and how much is his net worth now.

Tennis Great Roger Federer Is One of the Richest Athletes Alive Today

Born in 1981 in Basel, Switzerland, Roger Federer started playing tennis at a young age. When he reached eight, he joined the Basel junior tennis program. 

Australian player Peter Carter saw potential in the youngster at the age of 10 and trained the young Federer for the next four years. At age 13, Federer accepted an invitation to attend Switzerland's national tennis training center. 

When a new training center opened up a few years later, Federer reunited with Carter and helped guide him to become one of the most dominant tennis players in the history of the sport.

As a teen amateur, Federer won the Wimbledon junior singles and doubles titles and soon became the world's number one ranked ITF player. In 1999, he finally turned pro and garnered some huge, high-profile wins. 

According to Distractify, Federer is a 20-time Grand Slam singles champion. These include eight Wimbledon championships, six Australian Open titles, and his impressive feat of winning the U.S. Open five times in a row.

His career also saw a big rivalry between him and Spaniard Rafael Nadal. This rivalry was considered one of the biggest rivalries in sport, along with the Lakers and the Celtics, Muhammad Ali and Joe Frazier, and the Yankees and the Red Sox. 

The two have battled some classic matches in some of the biggest tennis tournaments around the world. Unfortunately, with his retirement announcement, Federer will no longer be able to add to those accolades. 

In his retirement announcement posted on social media, he said the last three years had presented challenges for his body in the form of injuries and surgeries. He said he had worked hard to return to competitive form but acknowledged that his body has limits, and the message it was sending him was already clear.

"I am 41 years old. I have played more than 1,500 matches over 24 years. Tennis has treated me more generously than I ever would have dreamt, and now I must recognize when it is time to end my competitive career," Federer said as he hung up his racket for good.

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How Much Is Roger Federer's Net Worth?

In addition to his tennis winnings, Roger Federer also has several endorsement deals worth millions. According to Marca, these include Credit Suisse, Rolex, and Mercedes Benz. He also has an apparel deal with Japanese fashion brand Uniqlo worth $300 million.

When it comes to endorsements, Federer is one of the highest-paid athletes in the world. In addition to his earnings while playing tennis worth $130 million, Celebrity Net Worth reported that he might be worth around $550 million. It also stated that his salary is around $70 million.

Federer is also a noted member of the very exclusive billion-dollar athlete club. Members include Arnold Palmer, Jack Nicklaus, LeBron James, Lionel Messi, Michael Jordan, Floyd Mayweather, Cristiano Ronaldo, Tiger Woods, and Michael Schumacher.

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This article is owned by Latin Post.

Written by: Rick Martin

WATCH: Tennis Legend Roger Federer Announces Retirement - From CBS News