Coco Gauff’s Net Worth, Salary Forbes: How Much Money Does The Tennis Star Make and Why Is She So Rich?

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Tennis icon Coco Gauff is a multi-millionaire and made $3 million with her 2023 U.S. Open Championship win. What is her exact net worth right now?

Coco Gauff‘s career has been a whirlwind ever since she defeated her role model, Venus Williams, in the first round of Wimbledon in 2019.

Fast forward to August 2023, Coco not only became the first teenager but also the youngest player to ever win the Mubadala Citi DC Open. That same month, Coco captured her first Cincinnati Open title. Then, in September 2023, she became a Grand Slam champion when she won the 2023 US Open.

Gauff’s US Open title — which made her the youngest American to win the tournament since Serena Williams in 1999 — was the result of a hard-fought match against Belarus’ Aryna Sabalenka. After losing the first set 3-6, Gauff rallied back to take the second set 6-3, and finished out the match with a dominant 6-2 final set.

“I feel a little bit in shock at this moment,” Gauff told the crowd after her win. “That French Open loss was a heartbreak for me, and that makes this moment even more sweeter than I could imagine.” 

“Thank you, first, to my parents. Today was the first time I’ve ever seen my dad cry,” Coco during her on-court interview. “Thank you guys, you believed in me from the beginning. My dad took me to this tournament. [I watched] Venus and Serena compete, so it’s really incredible to be on this stage.”

Coco is quickly becoming a household name, — she’s currently ranked sixth in the world, per WTA — but her father tells Teen Vogue that Coco’s road to greatness isn’t a story of overnight success, nor would he or Candi consider their daughter a tennis “prodigy.”

“When it comes to something like tennis, [Coco] works hard. This is not an accident. She might be overnight popular, but she’s not an overnight success,” he stated.

Coco Gauff earned $3 million with her U.S. Open win and per Forbes, “the real riches will soon follow”. Following that, fans want to know more about her finance, like, how much her net worth stands today and how she makes her money. Read on for more.

Profile Summary

Celebrated Name:Coco Gauff
Net Worth:$3.5 million to $10 million
Salary:$1 million a year
Over $100,000 a month
Prize Money:$3 million for US Open 2023
Source of Income:Sports
Endorsements:Head, Barilla food items, Microsoft, New Balance
Full Real Name:Cori Dionne Gauff
Profession:Tennis player
Date of Birth:March 13, 2004 (age 19 years)
Birthplace:Delray Beach, Florida, United States
Citizenship:American
Height:1.75 m
Residence:Delray Beach, Florida
Coco Gauff's Net Worth, Salary Forbes: How Much Money Does The Tennis Star Make and Why Is She So Rich?
Image Source: Getty

What is Coco Gauff’s net worth?

Coco Gauff (real name: Cori Gauff) has accumulated an estimated current net worth of $3.5 million, Celebrity Net Worth. However, other online sources suggest the rising tennis star’s fortune has surged to $10 million.

In any case, the youngster is a multi-millionaire and this is just at the beginning of her professional career, She is constantly looking to improve which will lead her to solidify her stance as one of the youngest and highest paid players in the sport.

All for a good cause in a community where athletes and entertainers collect money for the less fortunate. Feeding America, Meals on Wheels, World Central Kitchen, and No Kid Hungry are among the organizations that support this. Coco Gauff always plans to take part in other charitable activities, such as those sponsored by the Ocean Conservancy, First Serve USA, and Dezzy’s Second Chance Animal Rescue.

Coco Gauff's Net Worth, Salary Forbes: How Much Money Does The Tennis Star Make and Why Is She So Rich?
Image Source: Getty

How does Coco Gauff make her money?

Gauff’s fortune aside from prizes from tennis tournaments is as a result of endorsement deals with brands and companies. The young lady has seen very good endorsement opportunities and brand partnering.

In October 2018 she signed an endorsement deal with New Balance. In March 2019 she signed a multi-year contract with pasta company Barilla. She also has a deal with racquet maker Head. Coco Guaff earned at least $1 million, primarily from endorsements, in 2019.

How much money does Coco Gauff make?

Coco Gauff’s salary varies.

Per a source, Coco makes a salary of $1 million in a year and around $100,000 in a month.

When Coco was 15 and during the tournament which saw her defeath one of her idols, Venus Williams, her total career earnings were $75,000. With the win and another subsequent win, she guaranteed herself at least $140,000 from this one event alone.

At the age of 18, Coco Gauf received a total of $4,693,316 in prizes. Her prize money for 2022 is $2,195,178, according to WTA records.

Her first Grand Slam title—after she fell one match short at the 2022 French Open—comes with a $3 million winner’s check, pushing her prize money to $5.6 million this year and $11.1 million across her five-year pro career. Gauff has also made an estimated $12 million from endorsements, appearance fees and other business endeavors over the last 12 months (before taxes and agents’ fees). But while she already comes in at No. 7 on Forbes’ list of the highest-paid tennis players, her earnings will surely reach a new level in the very near future.

“If you’re able to win a Grand Slam, it certainly takes you from, let’s say, a low-A endorser to something that is A-plus or bigger,” Joe Favorito, a veteran marketing consultant and former executive with the WTA Tour and the U.S. Tennis Association, told Forbes last month.

Coco with her parents. Image Source: Getty
Coco with her parents. Image Source: Getty

Coco Gauff‘s house and properties

Coco Gauff resides in Delray Beach, Florida with her parents and her brothers. The details and house worth are kept confidential.

Coco Gauff's Net Worth, Salary Forbes: How Much Money Does The Tennis Star Make and Why Is She So Rich?
Image Source: Getty

Coco Gauff’s car collection

Coco Gauff owns expensive cars like Mercedes-Benz GLC ($43,990), Jaguar F-Pace SVR ($90,000), and also a Ford car as well as other luxury cars, per SportsTiger.