Coco Gauff burst onto the professional tennis scene in 2019 as a 15-year-old phenom, captivating fans with her raw talent and poised performances against the world‘s best players. Now, at just 18 years old, she has quickly established herself as one of the sport‘s brightest young stars. Her success on the court has translated into millions in earnings, allowing her to amass an impressive net worth at such a young age.
Let‘s take a closer look at how Coco Gauff has built up her impressive wealth and what lies ahead for her financially.
A Quick Recap of Coco‘s Tennis Origins and Rise to Stardom
To fully understand Coco Gauff‘s unique path to amassing millions in net worth already at 18, it helps to know her background:
- Originally from Delray Beach, Florida, Coco first started playing tennis at just 5 years old after watching Serena Williams on TV.
- She was coached from a very young age by her father, Corey Gauff, who had a vision for her success early on.
- By age 7, she had moved to Florida tennis academy in Boca Raton to train full time.
- She quickly rose up the junior rankings under the coaching of Gerard Loglo and others.
- Gauff turned pro in 2018 at the age of 14 after receiving a wild card entry into the US Open qualifying tournament. An extremely rare feat at that age!
- She made her grand slam debut at 2019 Wimbledon, gaining fame for defeating tennis legend Venus Williams in the first round at just 15 years old.
- Reached the 4th round at Wimbledon in 2019, and then the French Open quarterfinals and US Open 4th round in 2020.
Coco‘s rapid rise into the upper echelons of tennis and defeat of some of the world‘s best players as a teenager quickly elevated her into superstardom both on and off the court.
Now let‘s look at how this success has translated into earnings and allowed Coco to build significant wealth already as a teenager…
Coco Gauff‘s Net Worth Stands at Estimated $2 Million
According to various reports, Gauff‘s current net worth is estimated to be around $2 million as of 2024. This is a staggering figure for someone who just turned 18 and only turned pro 5 years ago.
To put this into perspective, the average 18-year-old tennis player would be lucky to have a fraction of this net worth. Even among elite juniors and young pros, amassing $2 million by 18 is extremely rare.
But Coco‘s unique mix of talent, marketability, and business acumen has allowed her to achieve this:
Coco Gauff‘s Net Worth Breakdown:
- Estimated Career Prize Money: $3.5 million
- Estimated Annual Endorsement Earnings: $5+ million
- Investments in Startup and Fashion Line
Next, let‘s look in more detail how Coco has amassed her fortune through these key income streams…
Big Paydays From Tennis Prize Money
The vast majority of Coco‘s net worth has come from the immense prize money she has earned, despite her young age. She has already amassed over $3.5 million in prize money in just a few short years on tour.
Some of her biggest tournament payouts so far include:
- Over $500,000 for reaching the French Open final in 2022 at age 18.
- $380,000 for reaching the US Open quarterfinals in 2022.
- $300,000 for winning the Silicon Valley Classic in 2022 for her first WTA singles title.
- $250,000 for reaching semi-finals of the Miami Open in 2021 at age 17.
She also routinely earns between $100,000 to $300,000 for reaching the late rounds of Grand Slams and big Premier events.
As Coco continues developing and winning titles, these paychecks will likely only get bigger. Tennis analysts predict she can realistically earn over $10 million in career prize money if she remains healthy and realizes her full potential.
The following table summarizes her career earnings so far and how they stack up against other top players:
| Player | Career Prize Money | Age Turned Pro |
|---|---|---|
| Coco Gauff | $3.5 million | 14 |
| Naomi Osaka | $14.5 million | 16 |
| Emma Raducanu | $3.4 million | 17 |
| Simona Halep | $38.5 million | 16 |
Lucrative Endorsement Deals Adding Millions More
Being one of the most marketable and recognizable young athletes in tennis, Coco Gauff has secured lucrative endorsement deals with major companies like New Balance, Barilla, and Head.
She earns an estimated $5 million or more annually through these major partnerships. And this number will likely rise significantly as she gets more exposure and wins more tournaments.
Some of Coco‘s biggest and most valuable deals include:
- New Balance – Reported to be one of her first major deals signed in 2019, provides her with custom performance tennis gear, shoes, and apparel on and off the court. Deal likely worth mid-to-high 6 figures annually.
- Barilla Pasta – Multi-year partnership signed in 2021 to represent the Italian food company. Deal estimated in the mid 6-figures range annually.
- Head – Endorsement deal providing Gauff with custom racquets and tennis equipment. Likely a 5-figure annual deal.
- Deloitte – Became a brand ambassador for the consulting giant in 2022. Deal value undisclosed but expected to be in the high 5 to 6-figures range.
As Coco continues winning tournaments and establishing herself as a perennial contender for majors and titles, she can likely command 7-figure endorsement deals like those earned by Serena Williams and Naomi Osaka at their peak.
Investing in Fashion, Tech Startups, and Her Future
In addition to racking up millions through tennis prize money and endorsements, Coco is also actively investing in business ventures to diversity her revenue streams. Some of her known investments include:
Unnamed tech startup – Coco revealed in an interview that she invested in a digital banking and fintech startup company. She did not disclose the name or amount invested but saw it as a prudent investment for her future.
Launched her own clothing line "Coco" – Gauff leveraged her fashionable style and huge Gen Z following to launch her own affordable sportswear line in 2022. This provides her with full ownership and creative direction over a brand in a lucrative retail sector.
These types of investments in potential high-growth areas demonstrate Coco‘s business and financial acumen beyond the tennis court. As she makes more connections and learns the ins and outs of startups and entrepreneurship, she could become an angel investor in many promising ventures.
Poised for Huge Earnings As She Enters Her Prime
At just 18 years old, Coco Gauff‘s future earnings potential in tennis and business is immense. She is only scratching the surface of what she can accomplish.
With many more years ahead as she enters her athletic prime, she can realistically increase her net worth to over $10 million or more through continued prize money, endorsements, and prudent investments.
Tennis experts widely view her as a future Grand Slam champion and potentially world #1 player. When superstardom like that arrives, the earnings possibilities are endless. She also has the personality, drive, and work ethic to establish herself as a long-term star with enduring brand value.
Coco‘s net worth trajectory is definitely pointing straight up for the foreseeable future!
Coco Is Cementing Her Status as Tennis‘ Brightest New Star
In the fast-paced world of professional tennis, new young stars emerge every year. But few have made the impact and ascendance of Cori "Coco" Gauff in just a few short years on tour.
Her mature and poised game belying her age, coupled with her magnetic charm, have cemented her status as tennis‘ brightest new superstar. She has everything needed to eventually dominate the sport on and off the court.
With $2 million in net worth amassed already at just 18, Coco Gauff‘s future is blindingly bright. We‘ve only glimpsed the start of her journey to tennis immortality and financial security.
