Daniil Medvedev seeks risk - but not with his money
2021 was the most successful year in Daniil Medvedev's career, also in terms of prize money. In an interview, number two in the world told you a little about his investment strategy.
by tennisnet.com
last edit: Dec 17, 2021, 04:50 pm
According to the official ATP, Daniil Medvedev has brought in almost 7.5 million US dollars in prize money in the tennis year 2021, even after deducting all taxes, the reigning US Open champion still has an amount that can be managed well. Especially since Medvedev also earns a few extra groschen as an advertising medium. Forbes magazine claims that the world number two posted 14 million US dollars in revenue between August 2020 and August 2021. What astonished Daniil Medvedev.
"I really don't know how Forbes came up with this amount of money," Medvedev told Tinkoff Private Talks. “I didn't give them my bank statements. After all, taxes have to be paid even if I live in Monte Carlo. But in other countries. There are expenses for the team: for coaches, fitness trainers, physiotherapists. You pay their salaries, flights, hotels. ”Of course, it is up to each player how many coaches he travels with. In theory, even alone. But then there wouldn't be really good results.
Medvedev tends to invest his money conservatively
When it comes to investments, Daniil Medvedev relies on the advice of a US investment company. “I always try to get a better understanding of my decisions. The latest tip to invest was in an aircraft engine manufacturer. Aviation should recover after the pandemic. We'll see how that works. I like the risk, but not with my money. That's why my investment portfolio is pretty conservative. "
By the way, Medvedev can identify very well with his sponsors. Be it a manufacturer of head sets that Medvedev uses to play computer games. Or a Munich automobile manufacturer. “When I signed the contract, I didn't have to pretend I liked the car. I really want it!"