Rafael Nadal may have struck the final ball of his remarkable career, but the money continues to roll in for the 22-time Grand Slam champion.

Massive Boost in Nadal’s Business Revenue

Reports in Spain suggest that Nadal’s business accounts have seen a huge leap in revenue over the past year. This comes after private investment firm GPF acquired a 44.9% stake in his Rafa Nadal Academy in Mallorca.

The deal has significantly increased Nadal’s wealth, adding €94.1 million to his fortune. This comes on top of the nearly $135 million he earned during his playing career.

Growth of Nadal’s Holding Company

The Mallorca Daily Bulletin reports that Nadal’s holding company, Aspemir, which oversees his academy and sports centers in Cancun, Greece, and Kuwait, has experienced impressive growth:

• Aspemir’s net worth increased by 44% – from €237 million in 2022 to €341.4 million in 2023.
• Aspemir’s profit surged from €11.4 million in 2021 to €94.1 million in 2023.
• Nadal’s mother, Ana María Parera, is the sole administrator of Aspemir.

Despite this major sale, Nadal and his family still own a majority stake in the Academy, making it unlikely they will sell the rest anytime soon.

Nadal’s Commitment to Legacy

Beyond financial success, Nadal remains deeply invested in the legacy of his academy. He has invited his long-time friend and rival, Roger Federer, to visit and continues to expand similar facilities globally.

During a speech at his Academy last June, Nadal reflected on the importance of legacy:

“Both Roger and I agree on something we believe is of the utmost importance. How would we like to be remembered in a few years? How do we want future generations to think of us?

“It’s great that our achievements, titles, and records are recognized, but as time goes on, someone will likely arrive and do something better. What truly matters is how we are remembered as people.”

He emphasized the value of character and leadership over just success:

“I could tell you to try and be influencers in your surroundings, but I prefer the term leaders. The people around you should see you as someone to be copied because of their values.”

Nadal’s Additional Income Streams

Even in retirement, Nadal’s income continues to grow through various endorsements and partnerships:

• Tennis Ambassador for Saudi Arabia
• Long-term deals with Nike and Babolat

With his academy thriving and new business ventures expanding, Rafael Nadal’s financial success off the court is as remarkable as his achievements on it.