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NOVAK DJOKOVIC: How the world's No. 1 tennis player makes and spends his millions

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  • Novak Djokovic, the world No. 1 in men's singles, has made more money than any other tennis player.
  • Djokovic also has numerous sponsors off the court.
  • Djokovic lives a luxurious lifestyle, but is also active and charitable.
  • Read how Djokovic makes and spends his money below.
  • Visit Business Insider's homepage for more stories.

Novak Djokovic is the current king of tennis.

Ranked No. 1 in the world — a spot he has seldom relinquished over the last four years — Djokovic has won four of the last seven grand slams, with his eye on a fifth at the 2019 U.S. Open.

Djokovic is also the highest-paid tennis player ever, with over $134 million in career winnings. He may make even more off the court, with endorsements from clothing, watch, and software brands. With that money, he enjoys a luxurious lifestyle, with homes in Monte Carlo, New York, and Miami, though he and his wife, Jelena, are also charitable.

Here's a look at some of the ways Djokovic makes and spends his money.

In 2019, Novak Djokovic has made $9.1 million on the court, the most of any men's tennis player.

Source: ATP, New York Times



Over his career, he's made over $134 million on the court, making him the highest-paid tennis player of all-time.

Read more: The 30 highest-paid tennis players of all time, ranked

Source: ATP



He makes most of his money off the court in endorsements, however. Forbes estimated that as of July 2019, Djokovic had made $50 million this year. That would mean he's made over $40 million in endorsements.

Source: Forbes



His sponsors include Seiko, Lacoste, Asics, and Ultimate Software Group.

Source: Forbes



In 2013, he wrote a nutrition and lifestyle book called "Serving to Win: The 14-Day Gluten-Free Plan for Physical and Mental Excellence" about the diet that changed his career.

Source: Amazon



Djokovic takes his diet very seriously. He released his own nutritional food line called "Djokolife."

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Source: NovakDjokovic.com



He owns a chain of restaurants called Novak Cafe & Restaurant with locations in Belgrade, New Belgrade, and Kopaonik in his native Serbia.

Source: Novak Cafe



He also opened a vegan restaurant in Monte-Carlo called Eqvita, but it appears to have closed.

 



In 2013, it was reported that Djokovic was buying the world's supply of donkey cheese, which costs $500 per pound, for his restaurants. It turned out to be falsely reported — a farmer was offering Djokovic and his restaurant exclusive access to the cheese. Djokovic said he was considering the offer in 2014. It doesn't appear that he took the offer.

Source: Daily MailNew York Times, The National



Djokovic has dabbled in the entertainment industry, too. He was an executive producer on the movie "Game Changers," a documentary about athletes' diets.

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He was also in a docu-series titled "Transcendence" about physical, mental, and emotional health.

Source: Transcendence



Djokovic doesn't live an excessively flashy lifestyle, but he has put some of that money to use in real estate. He owns a two-bedroom apartment in Monte Carlo, one of the most expensive real-estate markets in the world.

Source: Wall Street Journal



He has since expanded his real estate profile. In 2017, he bought a pair of condos in SoHo, New York City, for a reported $10 million.

Source: Wall Street Journal



And in 2019, Djokovic bought a luxurious, three-bedroom condo in Miami. Prices in the building range from $2 million to $13 million, with other three-bedrooms listed at over $9 million.

Source: Realtor.com



He bought a luxurious Manhattan 60 yacht for $2.5 million in 2009. It seems he has since sold it, however.

Source: NovakDjokovic.com, Wall Street Journal



Djokovic likes to arrive in style, showing up to the 2015 Boodles event in a helicopter.

Source: Daily Mail



He's also taken rides on private jets.

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He used to be sponsored by Peugeot and has been seen driving a Tesla Model X. He also reportedly likes Audis and Mercedes-Benz.

Source: Teller Report



However, he has saved money on automobiles when he can. He reportedly biked to the Monte Carlo Masters, since he lives close by.

Source: Tennis.com



He's a fixture at big tennis galas and is admittedly a fan of blazers and "elegant jackets."

Source: Wall Street Journal



Djokovic and his family own a company called Family Sport, which, according to the company website, focuses on event-planning.

Source: Family Sport



In 2009, Family Sports bought the Dutch Open and turned it into the Serbia Open. It lasted four years before being bought back by the ATP.

Source: Family Sport, Tennis Now



Djokovic uses a $75,000 pressure chamber called the CVAC Pod that is supposed to increase muscle tone, decrease lactic acid, and stimulate stem-cell production.

Source: Wall Street Journal



Djokovic and his wife, Jelena, help run the Novak Djokovic Foundation, which aims to improve early-childhood education.

Source: Novak Djokovic Foundation



Novak and Jelena also matched a $100,000 donation to the foundation for the "Season of Giving" campaign in 2018.

Source: ATP



In 2014 Djokovic donated the $750,000 he won from the Italian Open to relief efforts for a flood in Serbia.

Source: ESPN



Novak and Jelena both appear to travel a good deal, with recent vacations to Croatia and the Dominican Republic.

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Now see the how richest player in baseball spends his millions.

ALEX RODRIGUEZ: How the highest-paid player in baseball history spends his $400 million

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