Novak Djokovic Net Worth

You can hardly have a conversation about professional tennis and fail to mention one of the greatest tennis players, Novak Djokovic. According to the ATP rankings (Association of Tennis Professionals), he is number one in competitive men’s tennis and has held the record for 372 weeks. Djokovic has played professional tennis since 2003 and Djokovic has won a cumulative of 87 titles in his career.

You might be intrigued by this magnificent Serbian tennis player who has seen his name rise higher than worthy competitors like Rafael Nadal and Roger Federer. To learn about Djokovic’s net worth and more, let’s start from the beginning.  

Early Life Novak Djokovic

A Serbian professional tennis player, Novak Djokovic was born on May 22nd, 1987. He has two brothers, Marko and Djordje, who have also played tennis professionally. The player is fluent in a couple of languages, like French, German, English, Serbian, and Italian. 

Novak was married to Jelena Ristić in 2005, and since the union, they have been blessed with two kids, Tara and Stefan. The couple is still together today.

As George Shaw says, ‘kings are made, not born,’ and Novak Djokovic has come a long way before getting his crown as king of professional tennis. His journey began when he first held a tennis racket at four years old. He was pretty good at other sports, too, but he described tennis as his destiny.

One of his coaches, Jelena Genčić, saw him play first at a young age and recognized he had potential. Novak made a point of playing with Jelena every free minute he got. Nothing could stop Novak from practicing with his coach, as he made appearances on holidays and birthdays even when it rained or snowed.

At the age of 13, Djokovic’s parents, with the guidance of Jelena, made a difficult decision and let him leave the country. That year, Novak left for Munich to join an academy run by Nikola Pilić. Novak traveled in and out of the country till he got excellent results. By the time he clocked 14, Djokovic had won a silver medal at the Yugoslavia’s World Junior Championships competition.  

In the juniors, he had a singles win-loss record of 40–11. He also has a doubles win-loss record of 23–6.  He attained a combined junior world ranking of “number 24” in February 2004. His finest performance in junior Grand Slam events came in 2004 when he reached the semi-finals of the Australian Open. In 2003, he also competed in the junior tournaments at the French Open and the US Open.

According to the ATP, he currently ranks number one on the men’s professional tennis circuit. 

Novak Djokovic’s Net Worth and Career

According to Wealthy Gorilla, Novak Djokovic net worth stands at $220 million. He has accumulated his wealth mainly from tennis earnings, investments, and seasonal earnings on the ATP World Tour, reaching $ 12 million. 

Novak Djokovic is among the highest-paid tennis players in the world. In 2020, he was number 23 on the list of highest-paid athletes on Forbes. 

This Serbian superstar started his professional career in 2003 after winning his first ATP points in the ‘Futures’ and ‘Challenger’ ATP tournaments. By 2008, he had won his first Grand Slam tournament in the Australian Open and took home a bronze medal from the Olympics held in Beijing later that year.

Over the years, Novak has continued winning trophies and acquiring titles due to his tenacity in the game. In 2020, he won his 17th Grand Slam title, and in 2021, at the Wimbledon Championships, Novak won the 100th grass court against Márton Fucsovics.

All these accomplishments have contributed to Novak Djokovic net worth increase over the years. 

Philanthropy

In 2007, Djokovic founded the Novak Djokovic Foundation (PDF). This organization aims to provide every child with access to quality preschool education.

In partnership with the World Bank, PDF has managed to build over 50 schools, supporting over 20,800 children as of 2022. 

Djokovic has participated in numerous charities and fundraising. For instance, the reconstruction of the Avala Tower, aiding victims of the 2010 Haiti earthquake and Queensland floods of 2011. In 2015, Novak was appointed UNICEF Goodwill Ambassador. 

During the Covid-19 pandemic, the tennis player and his wife donated €1 million to help the most affected regions in Bergamo, Italy, and Serbia. The money helped purchase the necessary medical equipment in hospitals and medical institutions.   

Novak Djokovic Investments 

Novak has made several investments in the business world. Some of them are:

• Novak Café & Restaurant was launched in 2008 and has opened branches in different parts of Serbia including Belgrade, New Belgrade, and Kopaonik.
• Djokolife is a line of nutritional food products Novak launched in 2015. However, the vegan food products led to him opening a restaurant that was closed in 2019. 
• Novak has an 80% stake at QuantBioRes, a biotech firm researching electromagnetic frequency.  
• In 2009, Djokovic signed a ten-year deal with Sergio Tacchini and an Italian clothing company. 

House

Novak Djokovic has a luxury home in Monte Carlo, Monaco. The property is worth about $5.1 million. In addition, he also owns other properties around the globe. 

Cars

Djokovic has quite an extensive collection of luxury cars. The brands range from Aston Martin, Peugeot, Bentley, Mercedes Benz, and BMW. 

Novak Djokovic Fun Facts

• The tennis star has featured in the song ‘Hello’ by Dragonette and Martin Solveig in the music video. 
• He speaks Serbian, German, French, Italian, and English fluently.
• Djokovic is an animal lover and has a poodle called Pierre, who accompanies him everywhere. 
• He has a book known as ‘Serve To Win’ where he narrates his journey to becoming one of the world’s best male tennis players.
• Over the years, Djokovic has helped propel the careers of several tennis players. 

What’s Next for Novak Djokovic

Djokovic is one of the players who failed to get vaccinated against Covid-19, which led to detention in Australia and missing the Australian Open. As a result, Novak had to confirm he was fully vaccinated to participate in the Indian Wells and Miami Masters events. 

Djokovic will need to get his confidence back since he changed coaches and missed the Australian Open due to avoidable circumstances. First, he lost in the US Open final, and then Nadal took the lead in the Australian Open. In addition, he lost in Paris. 

Currently, Djokovic is getting his groove back after he won Rome and played his first four matches without dropping a set. There is no shame in losing a contest he should have won. He is more determined than ever, and his timing is back. Novak Djokovic will always be fine on the tennis court.

Novak Djokovic FAQs