What is Naomi Osaka net worth?
|Net Worth:||$25 Million|
|Date of Birth:||October 16, 1997|
|Age:||24 years old|
|Source of Wealth:||Professional Tennis Player|
Naomi Osaka is a professional tennis player from Japan. Ranked among the best female tennis players in the World, Osaka is the face of the euphoric rise of young stars in tennis. Her progress to the top spot in tennis has seen a fierce contest between female tennis legend, Serena Williams, and the young tennis sensation. With just two major titles to her name, Osaka, who favours an aggressive style of play, ranks among the fastest servers in tennis. She also lay claim to several tennis records such as the first tennis player since 2001 to win successive Grandslam titles after her premier win.
With an emphasis on Naomi Osaka’s wealth, we review her early life, career, salary/earnings, endorsements, luxury lifestyle and takeaways from her wealth and success.
On October 16, 1997, Naomi Osaka, the second child and daughter of Leonard François and Tamaki Osaka, was born in Osaka, Japan. Osaka’s parents come from different races. Her father, Leonard, comes from Haiti, while her mother is of Japanese descent. At the age of 3, Osaka and her sister moved to Valley Stream, located in Long Island in New York, where they lived with their father’s family.
Osaka’s father, Leonard, was motivated to teach his daughters how to play tennis after watching the Williams’ sisters play at the French Open. Despite not having any experience in tennis, he followed the pattern set by Richard Williams. In other for Osaka and her sister to get more training and opportunities, they moved to Florida in 2006. By the time Osaka was 15 years old, she was training at the ISP Academy with Patrick Tauma. She then proceeded to at the Harold Solomon Tennis Academy, before settling at the ProWorld Tennis Academy.
Unlike most junior tennis players, Naomi Osaka did not play on the ITF Junior Circuit. Still, she went directly to the ITF Women’s Circuit, where she first competed in October 2011 at the age of 14. In March 2012, Osaka debuted professionally as a doubles player alongside her elder sister. While playing on the ITF Women’s Circuit, Osaka never claimed any title but emerged runner-up on four occasions. In September 2013, Naomi Osaka turned pro. She competed in a series of events to move up the WTA rankings.
In 2015, Osaka climbed up the rankings to the point that she earned a qualifying spot in the US Open and Wimbledon. That year she won the Rising Stars Invitational four-player exhibition tournament after upsetting the tournament favourite. She ended her 2015 campaign in the 144th spot in the WTA ranking. In 2016, Naomi Osaka came out in top form and earned qualification to the Australian Open, where she lost in the third round. She also did well for a young player at the Miami Open. Her good performances helped her move up to the top 100 in the WTA ranking.
Osaka also qualified for the French Open, where she lost out. She did not play in the Wimbledon due to injury but played at the US Open, where she was knocked out the third round. At the Pan Pacific Open, Osaka, aged 18, reached the final WTA event in her entire career. She lost the last, but it shot her up to the top 50 in the WTA ranking. At the end of the year, she received the WTA Newcomer of the Year award. Following an impressive 2016 season, Osaka’s 2017 season did not see the progress she longed.
She rose and fell between the 44th and 68th spot in the rankings. She finished in the third round at the Wimbledon and the US Open and defeated two top 10 players in the WTA ranking, one of Serena Williams. Determined to prove herself in the 2018 season, Osaka hired Sascha Bajin as her coach, which made a lot of difference. She finished in the fourth round of the Australian Open and won her first title in her career at the Indian Wells Open. After finishing in the third round in the Wimbledon and French Open, Osaka rose back to her top form, by defeating childhood idol, Serena Williams in the final of the US Open, to become the first Japanese Grandslam Champion. The win shot her to the top 10 in the world ranking.
Osaka made it to the final of the Pan Pacific Open, which she lost before losing in the China Open semifinal. She then rose to the 4th spot in the world ranking. At the end of the season, Isaka ranked at the top of the WTA tour player’s prize money list with $6.4 million. At the 2019 Australian Open, Osaka emerged victorious to become the first tennis player since 2001, to record successive Grandslam victories after her first win. Her win places her in the top spot in the world rankings, making her the first Asian player to rank in the top spot in the WTA singles ranking.
Following her win, Osaka parted with Sascha Bajin, her coach. She then began to struggle in her following tournaments. After failing to defend her US Open title, she made her father her coach, which led her to claim the Premier 5 Pan Pacific Open and China Open titles. She ended the year at the 3rd spot in the WTA Ranking. At the 2020 Australian Open, Osaka lost out in the third round.
Naomi Osaka Net Worth in 2020
As of 2020, Naomi Osaka’s net worth is estimated to be $25 million. For a young player, her $25 million fortune ranks on the high side. Osaka has done pretty well for herself, earning significant sums as a result of her wins. She has won just two Grandslam titles, and her career prize money ranks relatively low compared to other top tennis stars, yet Osaka’s worth ranks higher than most sports stars of her age group. Osaka wealth can be traced to her glamorous tennis career, but most of her earnings have not come from her tournament wins.
Being a young player with excellent media buzz, Osaka ranks among the most marketable young female sports stars on the planet, which has earned her a financially rewarding partnership with top brands. This partnership has helped push her earnings significantly higher than what she made from success in tennis tournaments. In 2020, Osaka toppled Serena Williams to become the highest-paid female athlete ever within a 12 month period, which ended in June 2020 and history.
Osaka, who has several more years in her glamorous career, can win more Grandslam singles and expand her endorsement portfolio, which could see her worth rise to as much as $100 million in forthcoming years.
ALSO READ: Top-20 Richest Athletes In The World
Naomi Osaka Career Earnings
With just five career wins, which includes two Grandslam wins, Naomi Osaka has earned a total of $14,617,235 in prize money as of June 2020.
Naomi Osaka Endorsement
Osaka’s successive Grandslam wins in 2018 and 2019 which saw her rise to become the world number one female tennis player, attracted a lot of media buzz and brought Osaka to the public domain. That earned her a lot of fans across the world, thus pushing up her marketability. Between May 2019 and June 2020, she received $34 million from endorsement deals with Nissin Foods Holdings, Nissan Motors, MasterCard, Procter & Gamble, Yonex, All Nippon Airways, Nike, Shiseido, and BodyArmor.
Naomi Osaka Charity & Philanthropy
In January 2020, Naomi Osaka was among the top tennis stars which include Serena Williams, Coco Gauff, Rafael Nadal and Stefanos Tsitsipas, who played in a charity mix double tennis match dubbed Rally for Relief. The game took place at the Rod Laver Arena which raised AUS$4.83 million for relief efforts for the Australian wildfires.
In May 2020, Osaka was among several top athletes and celebrities that competed in the Stay At Home Slam, a Mario Tennis Aces tournament, which took place on Facebook Gaming. The virtual competition saw each competitor donate $25,000 to any charity they choose, while the winners get to give $1 million to any charity of their choice.
Naomi Osaka Luxury Life
Since her success in the tennis world in 2018, Naomi Osaka has progressed to be one of America’s top sports celebrities, which is a very financially rewarding position.
As most stars do, Osaka followed along with the pattern of luxury buying, when she bought a Beverly Hills mansion from the pop singer, Nick Jonas, in October 2019, when she was just 21 years old. The 4,129 square feet mansion bought by Osaka through a corporate entity costs about $6.91 million. The villa has about five bedrooms, four bathrooms, and one-half bathroom, a family room, a private gym space, a spa, and a swimming pool.
Following her partnership with Nissan in 2018, Osaka was gifted a Super Silver 2018 Nissan GT-R NISMO, which she drives to her training.
Lessons from Osaka’s Wealth & Success
1. Always improve your ability
Following her success at the Australian Open, Osaka, and her coach since 2018 parted ways. That harmed her game as she didn’t perform well in subsequent tournaments until she hired her father as her coach. Her father, who trained her during her formative years, understood her abilities and helped her improve her skill, which led to winning two more titles in the 2019 season.
Osaka once said, “I don’t think you can win a Grand Slam and not be confident in yourself.” That confidence has pushed her to produce terrific performances consistently.
In 2020, Naomi Osaka’s net worth is estimated at $25 million, which ranks her among the wealthiest tennis players in the world. Her total career earnings are $14,617,235 in prize money. Osaka’s source of wealth is mainly from her profession as a tennis player.
Despite the level of success attained, athletes should ensure they improve their ability. What are your thoughts about Naomi Osaka net worth? Feel free to share with us in the comments section below.