Russian tennis ace Maria Sharapova retired in 2020. After being banned from the tour for using Meldonium and staying off the tour due to the pandemic, she decided to suspend her racquet. The five-time Grand Slam champion is currently focused on her newborn baby and diverting her energy to expanding her businesses.
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Recently, the multi-million dollar company that owns Sugarpova joined celebrities and invested in a booming crypto company named MoonPay.
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Maria Sharapova invests in a new startup
The cryptocurrency payment company raked in a whopping $87 million from recent fundraisers led by numerous investors. Alongside Sharapova, Canadian singer Justin Bieber, rapper Snoop Dogg, and Hollywood actor Bruce Willis provided financial support for MoonPay.
Additionally, the company has pledged to use the funds to double down on its NFT efforts. Also, it aims to act as a channel for interaction between fans and artists.
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Speaking of MoonPay’s reach, it often promotes itself as a middleman for celebrity deals and recently collaborated with MyEtherWallet. Additionally, in January, they bought a zombie-themed CryptoPunk for 900 ETH worth around $3 million at the time. We can therefore make a safe bet on the future of the organization.
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Sharapova’s impressive numbers in her tennis career
The Russian star, after leaving her native country at a very young age and facing several difficulties, including financial difficulties, made her debut on the WTA circuit in 2001. In just four years, she rose to the rank of world No. . Sharapova rose to the top of the WTA rankings in 2005, following her maiden Grand Slam victory at the Wimbledon Championships in 2004.
She outclassed 23-time Grand Slam champion Serena Williams in the final to clinch the title. Subsequently, she earned one US Open and Australian Open title, and two French Open titles to her name.
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Watch this story: How significant is Maria Sharapova’s business legacy compared to Elon Musk
The 35-year-old represented Russia and won a silver medal at the Olympics before retiring from the sport. Coming to her current life, she welcomed her firstborn Theodore in July with her fiancé Alexander Gilkes. Sharapova and Gilkes went public with their relationship in 2018 and got engaged in December 2020.