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Serena Williams, widely regarded as the greatest female tennis player in history, is on the brink of achieving a remarkable net worth valuation of nearly $300 million. 

According to data monitored by Nairametrics on Forbes, Serena Williams was listed among America’s Self-Made Women in 2023 with a net worth of $260 million.

However, in the time that has passed since then, her net worth has surged to $290 million. 

At age 41, Serena has been recognized as one of the world’s highest-paid athletes, with a winnings of approximately $300,000.

She also has endorsements valued at a staggering $45 million. 

After retiring from professional tennis in 2022, Serena Williams, a mother of two, who just welcomed her second baby concluded a remarkable career during which she earned nearly $95 million in prize money. 

Retired from sports, she has channelled her wealth into venture capital investments in startups across the globe. 

Serena Williams’s Investments in Nigerian Startups 

Serena Williams established a $111 million venture fund a year ago through Serena Ventures, an investment fund founded in 2014. Serena Ventures has since backed 30 companies spanning e-commerce, fashion, and social goods, aligning with its mission of supporting enterprises that champion diverse leadership, individual empowerment, creativity, and opportunity. 

Andela, a company that aligns with these said values, also received support from Serena Ventures. Known for its diverse team of co-founders and executives and local lead directors in the countries where it operates.  

In addition to Andela, Serena Ventures has extended its support to Coinbase, the San Francisco-based cryptocurrency exchange, Masterclass, the online learning platform, and Wave, a remittance service available in five African countries. 

In a noteworthy move, Serena Williams’s venture capital firm injected $3.3 million into Stears Inc., a Nigerian data and insights firm, last year.

This funding initiative was spearheaded by Serena Ventures and received support from MaC Enterprise Capital, Omidyar Group’s Luminate Fund, Melo 7 Tech Companions, and Cascador, as reported by Bloomberg. 

Serena Williams revealed that this investment in Stears Inc. marked just the beginning of Serena Williams’s growing interest in African companies.

She expressed her intention to focus more on investments in the continent following her retirement from tennis after the US Open in September. 

Other sources of Serena Williams’s wealth 

Even as she embarks on her second act, Serena Williams maintains endorsement deals with over a dozen prominent brands and remains active as an investor through her firm, Serena Ventures. 

Furthermore, she co-founded Will Perform, a startup launched in December 2022 dedicated to creating products for topical pain relief and muscle and skin care.

In April 2023, Serena expanded her horizons by launching Nine Two Six Productions, a multimedia company aimed at bolstering her role as a producer.

Additionally, she made a cameo appearance in the 2022 film “Glass Onion.” 

Her contributions extend to the literary world, with her first children’s book released in September 2022.

Serena Williams also holds a minority stake in the Miami Dolphins, rounding out her multifaceted and impressive portfolio of achievements. 

Simone Biles is making it feel like 2016 all over again.

The four-time Olympic gold medalist returned to the SAP Center in San Jose, California, the same venue where she made her first Olympic team for the Olympic Games in Rio, and she looked every bit the part of the world’s best gymnast once more.

She followed up her stellar return to competition earlier this month at the U.S. Classic with a solid and spectacular performance in Wednesday’s (23 August 2023) official practice ahead of the 2023 U.S. Gymnastics Championships. Biles enters as the clear favourite to claim what would be her eighth U.S. all-around crown, a record.

The 26-year-old performed many of the elements that have become her signature in recent years, including the daring Yurchenko double pike which could become the fifth element named in her honour if she successfully competes it at the World Championships or Olympic Games.

All this comes after the newlywed only started to “buckle down” after her May nuptials to Green Bay Packer safety Jonathan Owens.

READ MORE:Simone Biles cheers on husband at Packers game, her friend steals spotlight

“Simone… This is where her greatness as a gymnast comes in. I think for a lot of us, it takes years to really get back on track,” Laurie Hernandez, Biles’ Rio 2016 teammate, told NBC Sports of the quick return to form. “So for her to truly be back in the spring and then be here competing in August, that’s phenomenal.”

It’s a boost for the sport, too, which saw a sold out NOW Arena welcome the five-time World all-around champion back to the competitive floor.

“Simone is an all-time great athlete and having her back definitely brings more attention to the sport gymnastics and this event as well. So we couldn’t be more excited,” said USA Gymnastics president Li Li Leung, a former U.S. national team member in her own right. “You’re gonna see some great gymnastics out of her, too.”

A footnote to Simone Biles’ 2021 gymnastics season was that she tied the record of seven U.S. all-around titles.

Two years later, she’s back and favored to break that record she shares with Alfred Jochim, who won seven men’s titles from 1925-30 and in 1933 in the AAU era.

The second meet of Biles’ gymnastics return is this week’s Xfinity U.S. Championships in San Jose, California.

Biles, 26, can also become the oldest U.S. women’s all-around champion since USA Gymnastics was created in 1963. Linda Mulvihill, a pioneer in her own right, was 24 years and 3 months old when she won her last title in 1971. (Biles won 2021 Nationals at 24 years, 2 months.)

Three weeks ago, Biles competed for the first time since the Tokyo Games and posted the world’s best all-around score of this Olympic cycle, according to the Gymternet.

“I was talking to [coach] Laurent [Landi] after, and we were like, I think I’m in better shape than I was in 2021,” she said. “I think that goes mentally and physically.

“I’m also a little bit older. I’m more mature. So at this point, nobody’s forcing me out here. This is truly me.”

Nationals will be different. It’s a two-day meet (Friday and Sunday for the women), testing Biles’ stamina. She worked on getting back into shape at the start of the year, then ramped up training following her May 6 wedding.

Plus the field is deeper, though Konnor McClain, last year’s all-around champion, is sidelined after hand surgery.

Shilese Jones, the 2022 World all-around silver medalist, makes her 2023 debut.

Tokyo Olympic medalists Suni Lee, Jade Carey and Jordan Chiles did not compete on all four events three weeks ago. Usually, gymnasts do compete in the all-around at nationals.

Everybody is vying for one of at least eight spots at next month’s selection camp, after which the five-woman team will be named for October’s world championships. The top two in the all-around at nationals are guaranteed places at the camp.

Biles didn’t want to look too far ahead after winning her comeback meet on Aug. 5.

“We’re still in the working steps,” Biles said when asked about the 2024 Olympics. “My main goal was this, and then [U.S.] championships, and then after we’ll look onto worlds, and then we’ll see, but so far it’s heading in the right direction.”

US Open 2015 was set to be a historic tournament for Serena Williams. The American crowd favorite was chasing history, a calendar Grand Slam, in front of her home crowd but the dream turned into a nightmare at the semi-finals. Roberta Vinci, the world number 43 at the time, caused a huge upset with a 2-6, 6-4, 6-4 win over the American. Vinci played that game of her life and dealt a heartbreaking loss to Williams, who described it as the toughest loss of her career.

This was also the only time that Roberta Vinci could beat Williams and it was one of the best matches of her career. The Italian could not reach similar heights, of a Grand Slam final, again in her career. This is also often looked at as the start of a bit of a downfall for Williams, who could only win two more Majors following this.

Serena Williams misses chance for calendar slam

2015 was a dream year for Serena Williams. The American was the undisputed best women’s player in the world and stamped her authority by winning all the Grand Slams before US Open. She won the Australian Open, The Wimbledon and The French Open convincingly before aiming for the rare feat of a calendar slam.

Williams was heavy favorite to win going into the semi finals where she faced Vinci, who was in her maiden semi-finals at a grand slam. The American won the first set 6-2 before losing the next two sets and getting knocked out at the semi finals stage.

Williams was clearly dejected while talking to the press post match and mentioned how Vinci played ‘out of her mind’ on the night to beat the-then world number 1. The American further mentioned how Vinci was an inspiration for her, after her performance at the age of 33. Talking about her own game, Williams felt that she did not play badly at all, but could have avoided some unforced errors.

“I think she (Vinci) played very well. Probably the best match of her career. She played literally out of her mind and credit goes to her. She is 33 now and she is giving it her all at the end of her career, she’s an inspiration for sure. I don’t think I played too badly, but I could have avoided some unforced errors,”

Roberta Vinci could not follow up her incredible victory against Williams, as she lost the US Open 2015 final to Flavia Pennetta 7-6, 6-2. This all Italian final was the dream ending for Pennetta, who retired at the end of the season after winning the US Open, in what was also her first and only Grand Slam singles title.

Never again for Williams

The heartbreak of 2015 would last with Williams for a life-time, as the American never got a shot at winning a calendar Grand Slam again. Titles and Grand Slams started to dry up for the American star as well, as she could only muster 2 more Grand Slam titles before eventually hanging up her racquet in 2022.

Williams will forever be known in the history books as one of the greatest tennis players of all time, but she would be the first to admit that she could have won much more. The American did win a record 23 Grand Slam titles, but would have expected to win more given her dominance in the women’s sport.

 

Four-time Olympic champion Simone Biles has made a triumphant return to gymnastics after a two-year break.

The 26-year-old American thrilled the Chicago crowd with a stunning display to win the US Classic in her first event since the Tokyo Olympics.

Biles announced in 2021 she was taking a break to work on her mental health.

“Everyone that was cheering – made posters, all of that in the crowd – it just made my heart melt that they still believe in me,” Biles said.

“It means the world because after everything that transpired in Tokyo, I worked on myself a lot.

“I still do therapy weekly and it has just been so exciting to come out here and have the confidence I had before.

Biles was given a rapturous reception at the Now Arena in Hoffman Estates, Illinois, and won with an all-around score of 59.100 points.

“Everything has fallen into place. I feel really good about where I am now mentally and physically,” she said.

simone biles

“I still think there are some things to work on in my routine but, for the first meet back, I would say it went pretty well. I’m very shocked and surprised. I’m very happy now that it is out of the way.”

She began on the uneven bars, where her score of 14.000 points was the third-best overall before claiming the meet’s top score on the balance beam with 14.800.

Biles drew cheers during and after every tumbling run on the floor exercise, her flips and landings bringing roars that were rewarded with a top score of 14.900 points.

She finished on vault, soaring high to notch another leading mark of 15.400.

Leanne Wong, 19, finished second, five points off the pace on 54.100, with 17-year-old Joscelyn Roberson third on 54.050.

It was Biles’ first competition since pulling out of five of her six finals at the delayed Tokyo Games in 2021.

She later explained she had been suffering from the ‘twisties’ – a mental block where gymnasts can lose their sense of space in the air.

Biles has yet to indicate whether she will aim to make next year’s Olympics in Paris.

She has qualified for the US national championships, which start on 24 August, and is hoping to compete for a world title in Antwerp in October.

“I always kind of knew [I’d return] as soon as everything happened in Tokyo,” she said. “This time I’m doing it for me.

“I worked a lot on myself and I believe in myself a little bit more. It’s just coming back out here and starting those first steps again.”

“I feel loved and relaxed,” the expecting mom said in her new YouTube video documenting the special day

Serena Williams is relaxing ahead of the birth of her second child!

The retired tennis player, 41, who is expecting another daughter with husband Alexis Ohanian, was given the ultimate pregnancy present — a surprise spa day with her loved ones.

Williams shared a behind-the-scenes look at the fun-filled day on her YouTube channel, where she has been documenting pregnancy milestones like her “baby shower-slash-gender reveal” party, during which she and Ohanian, 40, revealed that they are having a baby girl.

In the new video, titled “It’s a Pre-Push Party,” the tennis great began by telling the camera, “Today, we are having an amazing spa day that’s been planned by my friends and my sister.”

Over footage from the gathering, which the expecting mom dubbed a “pre-push party” — “I’m coining that phrase” — and shared that she was treated to a manicure, facial and foot massage.

She added that the event had “great friendships and great champagne… if you’re drinking it,” she joked.

Williams’ daughter Olympia, 5, also joined in on the spa action, taking a break from the pool to enjoy a relaxing facial like her athlete mom.

Later in the video, the Olympic gold medalist chatted with the camera in a confessional-style moment, reflecting on whether she feels ready for the arrival of her second child.

“Baby No. 2 is on the way after, you know, lots of time waiting,” she said. “So, how am I feeling about it? Excited, anxious, nervous, happy … all of the above.”

The retired tennis player went on to say that while she is “actually not quite ready today,” — “I don’t have my stuff ready, like the crib and the changing table and a plethora of other things” — she is “mentally ready-ish.”

More footage from the relaxing gathering shows Williams with friends and family — including her mom, Oracene Price, and friend Lara Shriftman, who organized the spa day — in matching orange pajama outfits, laughing and posing for photos together.

“I feel so loved today,” Williams said in the video. “Everyone’s here. Family’s here. We’re all just relaxed. I feel loved and relaxed.”

Outside of pool time and facials, Olympia has been keeping busy while her baby sister is on the way.

Earlier this month, the 5-year-old worked on her DIY skills after a special father-daughter trip to Home Depot with dad Ohanian, which the tech entrepreneur documented on X (formerly known as Twitter).

“The ‘Home Depot trip with Papa’ is a rite of passage — unlike my dad,” Alexis wrote alongside photos of the youngster standing in the store and screwing in a nail on what appeared to be a small wooden house — clad in an orange Home Depot apron, of course.

 

Fans focused on the woman wearing a ’00’ Bengals jersey walking with Biles, Simone Biles attended Lambeau Field on Friday to cheer on her husband, Green Bay Packers safety Jonathan Owens, in a preseason game against the Cincinnati Bengals. The Olympian’s friend, however, stole the spotlight.

Biles, 26, and her friend were seen walking onto the sidelines from the tunnel in a video shared by the official NFL account on X (Twitter). Fans focused on the woman wearing a “00” Bengals jersey who walked alongside the seven-time Olympic gold medalist.

Alexandria, Biles’ friend, is seemingly an Instagram model. Her account name is “@alxk___” and also has a pair of other handles for her pitbull.

Both Simone and Alexandria posted Instagram Stories of their experience at the preseason game. They even took a few tequila shots together.

Green Bay blew out Cincinnati, but Alexandria likely still enjoyed being in the spotlight for one night

When did Simone Biles marry Jonathan Owens?

Owens, 28, and Biles tied the knot in Mexico in April and he signed for the Packers as a free agent one week later.

In the preseason win over Cincy, Owens recorded a single tackle, though he did not play much.

He and Biles have become one of the main storylines surrounding Green Bay this offseason, except of course the departure of Aaron Rodgers.

 

Simone Biles and her husband, Green Packers safety Jonathan Owens, stayed up until 3am to relive her glorious return to competitive gymnastics last weekend.

After two years out to focus on her mental health, the four-time Olympic gold medalist won the All-Around, Balance Beam and Floor Exercise titles at the U.S. Classic.

The 26-year-old withdrew from the women’s team final at the Tokyo Olympics in 2021 after suffering the ‘twisties’ – a terrifying mental block that causes athletes to lose track of their position in mid-air.

But after her return in Illinois, Owens sprinted to the locker room at Lambeau Field to see how she fared.

‘I text her right after, because I knew her phone was probably blowing up,’ Owens, 28, said, according to ESPN.

I just told her to call me whenever she gets a moment. So I didn’t get to really FaceTime her until around 11, but she was excited.’

He added that they ‘stayed up until about 3 in the morning just on the phone, just talking and reliving the moment.’

‘I know it felt like a dream to her so I was super excited for her,’ he said.

Biles and Owens married earlier this year and the gymnast said following her return that she is in a good place – both mentally and physically.

‘Everything has fallen into place,’ Biles, 26, said after the win, according to ESPN.

‘I feel really good about where I am right now, mentally and physically. There are some things to work on in my routines, but for the first meet back, I would say it went pretty well. I’m very shocked and surprised.’

Biles pulled out of four subsequent individual finals at the Olympics, before making a brief return in the balance beam to take bronze, but has since not competed and has spent the last two years away from the sport.

She later hinted was in part due to the sexual abuse she had suffered at the hands of pedophile doctor Larry Nassar.

 

The city itself will be one of the brightest stars at the Paris Olympics, with ceremonies on the Seine, beach volleyball by the Eiffel Tower and a marathon route that passes through Versailles.

In the end, though, it will be the 10,500 athletes who will grab the spotlight once the festivities begin one year from Wednesday (July 26). Simone Biles is on a comeback, Sydney McLaughlin-Levrone never left. A skateboarder who also likes to surf named Sky Brown is in contention to win gold medals in two events some 9,000 miles apart (more on that in a moment) and Katie Ledecky is still swimming strong heading into her fourth Olympics.

simone biles

SIMONE BILES

Simone Biles will be 27 by the time the Paris Games open, which is considered retirement age for most American female gymnasts. But Biles has been redefining what’s possible ever since she burst onto the scene 10 years ago. Her game-changing legacy included the decision to exit the competition at the Tokyo Olympics two years ago, conceding her mental health was not where it needed to be to risk her life in pursuit of an Olympic gold medal. Over the last two years, Biles took time off and got married. She recently committed to a comeback, and her first competition on that road is set for Aug. 5. That and a few other meets this year will give the world a sense of where Biles stands, but if she makes the Olympic team, she will go in as its biggest star.