Serena Williams, Legend, Is the First Athlete to Make 'Forbes' Richest Self-Made Women List
Serena Williams has been back on the tennis court (in an empowering cape, no less) and continuing to drive forward with her own "Serena" brand and as an investor. All of her insane work and the popularity she's seen as a result has paid off: Forbes just added her to their "World's Richest Self-Made Women List," the very first athlete to do so.
- Tennis star, designer, brand ambassador, and now investor Serena Williams just made Forbes' list of World's Richest Self-Made Women.
- The cover star explained that "I want to be the brand, instead of just being the face."
- Serena just made her debut on Forbes Most Powerful Women List in December 2018, so this is just another huge shout-out from the publication.
Serena Williams has been back on the tennis court (in an empowering cape, no less) and continuing to drive forward with her own "Serena" brand and as an investor. All of her insane work and the popularity she's seen as a result has paid off: Forbes just added her to their "World's Richest Self-Made Women List," the very first athlete to do so.
According to the article, Serena's estimated fortune is $225 million, "the vast majority of it having come via her brain and brand rather than her backhand." Serena officially announced Serena Ventures in April of this year, but she'd been secretly investing in companies that focus on empowering women and individuals of color (a reported 60% of her investments), as well as lifting up causes she supports, for years. She's also been working with her husband, Reddit cofounder Alexis Ohanian. "I’ve been really leaning on Alexis," she says.
Serena talked about her vision: "I want to be in the infrastructure. I want to be the brand, instead of just being the face." Right now, Serena Ventures values itself at $10 million, double the initial investment. Companies including Billie, Daily Harvest, MasterClass, and The Wing have done particularly well. Serena's also expanding her presence in fashion, too, and "plans to launch an S by Serena jewelry line this year and one of beauty products in 2020." (Oh my God, yes please.)
And just in case anyone was worried that she was about to hang up her racket, Serena's apparently still interested in continuing to play tennis for the next couple years:
Her resilient comeback last year after giving birth burnished her as a cultural icon who transcends sports. And sure, she’ll happily continue to rake in easy endorsement money from the likes of Nike and JPMorgan Chase—her $29 million total income over the past 12 months is the highest of her career.
Here's the original announcement:
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Cover star Serena Williams is the 1st athlete ever to hit Forbes’ annual list of the World’s Richest Self-Made Women, with an estimated fortune of $225 million. Stay tuned for the full #SelfMadeWomen list launching tomorrow https://t.co/GsRAR8PZm4 pic.twitter.com/0xIm3FNbrVJune 3, 2019
Serena retweeted it, naturally, and Alexis posted it on Instagram with the caption "Icon." He gets it.
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Katherine’s a contributing syndications editor at Marie Claire who covers fashion, culture, and lifestyle. In her role, she writes stories that are syndicated by MSN and other outlets. She’s been a full-time freelancer for over a decade and has had roles with Cosmopolitan (where she covered lifestyle, culture, and fashion SEO content) and Bustle (where she was their movies and culture writer). She has bylines in New York Times, Parents, InStyle, Refinery29, and elsewhere. Her work has also been syndicated by ELLE, Harper’s Bazaar, Seventeen, Good Housekeeping, and Women’s Health, among others. In addition to her stories reaching millions of readers, content she's written and edited has qualified for a Bell Ringer Award and received a Communicator Award.
Katherine has a BA in English and art history from the University of Notre Dame and an MA in art business from the Sotheby's Institute of Art (with a focus on marketing/communications). She covers a wide breadth of topics: she's written about how to find the very best petite jeans, how sustainable travel has found its footing on Instagram, and what it's like to be a professional advice-giver in the modern world. Her personal essays have run the gamut from learning to dress as a queer woman to navigating food allergies as a mom. She also has deep knowledge of SEO/EATT, affiliate revenue, commerce, and social media; she regularly edits the work of other writers. She speaks at writing-related events and podcasts about freelancing and journalism, mentors students and other new writers, and consults on coursework. Currently, Katherine lives in Boston with her husband and two kids, and you can follow her on Instagram. If you're wondering about her last name, it’s “I go to dinner,” not “Her huge ego,” but she responds to both.
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