Incredibly, Roger Federer currently has a net worth of around $550 million (£448.3m) according to website Celebrity Net Worth, making him the second richest tennis player to ever exist after Ion Tiriac, who has made most of his money in business ventures post-retirement.
His status as arguably the greatest tennis player of all time in his peak has cemented this, despite the fact he has not played competitively since the 2021 Wimbledon quarter-finals, where he was defeated by Hubert Hurkacz in three sets.
This has seen the 41-year-old slip down the ATP world rankings, though it hasn’t affected him from a financial standpoint due to his legendary status that has seen Federer pick up 20 Grand Slam titles from 31 finals, five of which came at the US Open.
Roger Federer career earnings
Federer has accumulated $130.5 million (£111 million) in ATP career earnings across his career on-court, though his vast wealth has come from various high-profile endorsement deals which have seen the right-hander bring in $1 billion (£812.3 million) into the bank, linking up with various companies including Nike, Rolex, Mercedes-Benz across his time as a professional athlete. ”
Source: Roger Federer net worth: Career earnings, prize money for five-time US Open champion | Sporting News
The Short Position – Sell High, Buy Low
The Short Position is a technique used when an investor anticipates that the value of a
stock will decrease in the short term, perhaps in the next few days or weeks. In a short
sell transaction the investor borrows the shares of stock from the investment firm to sell
to another investor. Investment firms normally have a large inventory of stocks on hand
or can borrow stock from another firm to loan to the investor. Of course, the investor
must eventually return the stock they borrow. The intent is to borrow the stock for sale
at a high price, then buy them back later at a lower price to and return them to the
Click to access The%20Long%20or%20Short%20Position.pdf
“Laurence D. Fink, the founder and chief executive of the investment giant BlackRock, has become one of the most influential voices in business over the past decade in pushing corporate leaders to think beyond profits, to their social purpose.
Mr. Fink has delivered his words in annual letters that have drawn remarkable attention, but also criticism from all corners: that he is beholden to politically correct antibusiness activists, or that he is co-opting these issues for marketing purposes.
On Monday night, he used his latest letter to corporate America to clarify — and defend — his approach.
“Stakeholder capitalism is not about politics,” Mr. Fink wrote to the chief executives of businesses that BlackRock has invested in. “It is not ‘woke.’ It is capitalism.” “
So what are NFTs?
In the simplest terms, NFTs transform digital works of art and other collectibles into one-of-a-kind, verifiable assets that are easy to trade on the blockchain.
Although that may be far from simple for the uninitiated to understand, the payoff has been huge for many artists, musicians, influencers and the like, with investors spending top dollar to own NFT versions of digital images. For example, Jack Dorsey’s first tweet sold for $2.9 million
, a video clip of a LeBron James slam dunk sold for over $200,000 and a decade-old “Nyan Cat” GIF went for $600,000
Source: What is NFT? Non-fungible tokens explained – CNN
The Bayh–Dole Act or Patent and Trademark Law Amendments Act (Pub. L. 96-517, December 12, 1980) is United States legislation dealing with inventions arising from federal government-funded research. Sponsored by two senators, Birch Bayh of Indiana and Bob Dole of Kansas, the Act was adopted in 1980, is codified at 94 Stat. 3015, and in 35 U.S.C. § 200–212, and is implemented by 37 C.F.R. 401 for federal funding agreements with contractors and 37 C.F.R 404 for licensing of inventions owned by the federal government.
A key change made by Bayh–Dole was in the procedures by which federal contractors that acquired ownership of inventions made with federal funding could retain that ownership. Before the Bayh–Dole Act, the Federal Procurement Regulation required the use of a patent rights clause that in some cases required federal contractors or their inventors to assign inventions made under contract to the federal government unless the funding agency determined that the public interest was better served by allowing the contractor or inventor to retain principal or exclusive rights. The National Institutes of Health, National Science Foundation, and the Department of Commerce had implemented programs that permitted non-profit organizations to retain rights to inventions upon notice without requesting an agency determination. By contrast, Bayh–Dole uniformly permits non-profit organizations and small business firm contractors to retain ownership of inventions made under contract and which they have acquired, provided that each invention is timely disclosed and the contractor elects to retain ownership in that invention. 
A second key change with Bayh-Dole was to authorize federal agencies to grant exclusive licenses to inventions owned by the federal government.
Source: Bayh–Dole Act – Wikipedia