However, the American is not alone in benefiting, as 2024 has proven to be a stellar year for Zheng both personally and professionally. Her victory at the Olympic Games in Paris elevated her status as a star in China, and the 22-year-old has quickly amassed a strong roster including Nike, Lancome, Gatorade, Wilson, Rolex, Chagee, Audi, and more.
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The Top 15 rankings also included world No. 1 Aryna Sabalenka ($17.7 million) and Elena Rybakina ($7.9 million), while Jasmine Paolini ($10 million) and Jessica Pegula ($8.2 million) are noted as the only two out of nine tennis players on the list who made more from prize money than endorsements.
Tennis Players Highlighted in Sportico’s Top 15 Highest-Paid Female Athletes:
1. Coco Gauff — $30.4M ($9.4M in winnings, $21M from endorsements)
3. Iga Swiatek — $21.4M ($8.4M in winnings, $13M from endorsements)
4. Zheng Qinwen — $20.6M ($5.6M in winnings, $15M from endorsements)
5. Aryna Sabalenka — $17.7M ($9.7M in winnings, $8M from endorsements)
6. Naomi Osaka — $15.9M ($870K in winnings, $15M from endorsements)
7. Emma Raducanu — $14.7M ($671K in winnings, $14M from endorsements)
11. Jasmine Paolini — $10M ($6.5M in winnings, $3.5M from endorsements)
13. Jessica Pegula — $8.2M ($4.2M in winnings, $4M from endorsements)
14. Elena Rybakina — $7.9M ($3.9M in winnings, $4M from endorsements)
As per Sportico, the figures related to endorsement revenue are approximations accumulated through “conversations with individuals knowledgeable about marketing agreements” and also comprise royalties, memorabilia, appearance fees, media, and ventures linked to their fame.
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Last year, Sportico recognized soccer player Cristiano Rolando as the highest-paid athlete globally with a projected $275 million in earnings—$215 million of which was derived from his salary. Novak Djokovic held the title of the highest-paid tennis player in 2023, earning $29 million of his $44.9 million total from endorsements.