“I got to give a lot of credit to my dad. He’s probably the smartest guy I know,” said Emma Navarro once. And she isn’t wrong here. The tennis star is sitting on a £3 billion ($3.8bn) inheritance, all thanks to her father, Ben Navarro.
Navarro is currently busy at the SW19. She has already defeated Naomi Osaka in the second round of the 2024 Wimbledon. Now she’ll take on Coco Gauff in the R16. However, she definitely isn’t playing for the money. After all, her father has a net worth of $1.5 Billion! But what was Ben Navarro’s secret to success?
Her father, Ben, is an American billionaire businessman of Italian descent. While her mother Kelly has always maintained a pretty private life in stark comparison, according to multiple sources, she works as a talent recruiter for Meeting Street Education Group.
ADVERTISEMENT
Article continues below this ad
Right from the age of 13, Ben always dreamt of working in finance on Wall Street. Interestingly, his dream was inspired by his older brother. “I’d go visit my brother in the city,” he said once. “I didn’t know exactly what I was seeing, but the energy was palpable. I thought it was awesome and a place I probably ought to be.”
Mr. Navarro’s jubilation knew no bounds when a job offer materialized from Chemical Bank, promising a $25,000 yearly salary. In a burst of euphoria, he raced out of his Westerly, Rhode Island residence and leaped into the ocean while in fully clothed. Landing his first job, he moved to Goldman Sachs in the 1980s. Just when his Wall Street career was underway, he met his wife, Kelly. As per DailyMail, he climbed the corporate ladder at Citigroup and then went on to start his own company, Sherman Financial Group, in 1998.
Both Ben and Kelly are proud parents of four children and the family shares a common love for the racket sport. Emma Navarro’s sister, Meggie, also plays tennis. Recently, the family was spotted spending a vacation together in Greece.
View this post on Instagram
Ben Navarro has been a doting father. He nurtured his kid’s tennis interest. Did you know that he invested in a tennis club? Yes, it is the Charlestown Tennis LLC and has held the longest-functioning women’s tennis tournament called the Charlestown Open.
He also owns the Live to Play Tennis Club in Mount Pleasant. With this property, he aims to boost junior tennis in Charleston and also enhance the Volvo Car Open. It is the largest women-only pro tournament in North America.
Ben Navarro has a net worth that is significantly more than the ‘Big Three’
ADVERTISEMENT
Article continues below this ad
Emma’s father built his billionaire empire with the help of his numerous business ventures. Ben, an avid tennis lover, spent more than $350 million buying up property around Charleston, including a stadium and the city’s biggest hotel since 2021. In 2022, he also forked out nearly $300 Million to buy the Western & Southern Open.
As per Forbes, his net worth is $1.5 Billion, standing at #2046 in the world today. Surprisingly, it towers over several superstars of the tennis world like Roger Federer ($550 Million), Novak Djokovic ($240 Million), and even Rafael Nadal ($220 Million).
Once, speaking about the role that tennis has played in his family, he revealed, “As a fan, father, and business owner, tennis has brought so much to our family.” Interestingly, Emma, who ranked 19th in women’s singles, is yet to win some major tournaments and huge prize money. Perhaps now it’s time for the Navarros to give back to the sport through Emma and Meggie. However, tennis is not the only sport the family played.
ADVERTISEMENT
Article continues below this ad
Emma Navarro’s late grandfather, Frank Navarro, was an American college football player and later became a coach. He was the head coach at Williams College, Columbia University, Wabash College, and Princeton University.
Do you think Emma Navarro can make it big in tennis? Let us know in the comments below.
Have something to say?
Let the world know your perspective.
Debate
How much do you think family support impacts an athlete's success? Look at Emma Navarro!
What’s your perspective on:
How much do you think family support impacts an athlete's success? Look at Emma Navarro!
Have an interesting take?