The Secrets Behind Maria Sharapova's Entrepreneurial Success.
Maria Sharapova, former World No.1 tennis player, has made a name for herself both on and off the court. Throughout her tennis career, she won five Grand Slam titles and became one of the most successful tennis players of her generation. However, Sharapova's achievements extend far beyond the tennis court.
Maria Sharapova - $220M Net Worth - is considered a great athlete entrepreneur for several reasons:
1. Athletic Achievements: She was one of the most successful tennis players of her generation, winning five Grand Slam titles, including two French Open titles, one Australian Open title, and two US Open titles.
2. Brand Endorsement Deals: She has also been a successful brand ambassador, representing many top brands like Nike, Porsche, and evian , which has helped her build a strong personal brand and increase her net worth.
3. Entrepreneurial ventures: Sharapova is the co-founder of a high-end candy company named Sugarpova. It was founded in 2012.
Maria Sharapova is also known for her investments in various businesses. She has invested in a number of startups, including the tech wellness brand, Therabody, an investment platform, Public, and crypto firm MoonPay, as well as a board seat with Moncler Group, a fashion company.
Sharapova has also invested in Ultimate Fighting Championship and sunscreen company Supergoop!. She even appeared as a guest on ABC’s Shark Tank, where she and Mark Cuban invested in a wearable weights company called bala Bangles.
4. Philanthropic efforts: Sharapova is also known for her philanthropic efforts, particularly her work with the Maria Sharapova Foundation, which supports children's education and health initiatives around the world.
Her ability to translate her fame and success into business opportunities has made her one of the most successful athlete entrepreneurs of her generation. Her investments in startups and her role as an advisor to a venture capital firm have only further solidified her reputation as a savvy businesswoman.