Sports · 12 August 2026

Roger Federer loses $74 million as On shares drop 19%

Tennis legend Roger Federer's wealth decreased considerably following a drop in share value for On, the luxury Swiss athletic brand where he possesses a 2.5 per cent holding. On's share price plummeted by 19 per cent on Tuesday because it missed its second-quarter sales expectations.

By BriefTea Editorial · 12 August 2026 at 7:50

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