DNYUZ
No Result
View All Result
DNYUZ
No Result
View All Result
DNYUZ
Home News

Wimbledon’s breakout star is the son of a hedge fund multimillionaire

July 9, 2026
in News
Wimbledon’s breakout star is the son of a hedge fund multimillionaire
Arthur Fery of Great Britain celebrates against Grigor Dimitrov of Bulgaria during their Gentlemen's Singles fourth round match on day eight of The Championships Wimbledon 2026 at All England Lawn Tennis and Croquet Club on July 06, 2026 in London, England.
Arthur Fery celebrates during his fourth-round Wimbledon match on Monday. James Fearn/Getty Images
  • Britain’s Arthur Fery entered Wimbledon as a wild card but has reached the semifinals.
  • Fery’s dad, Loïc, is a centimillionaire businessman and president of a French soccer club.
  • The elder Fery runs Chenavari Investment Managers, a hedge fund that manages nearly $6 billion.

Arthur Fery, the breakout star of this year’s Wimbledon, stands to make nearly $5 million if he wins the tournament. That pales in comparison to his family’s fortune.

Briton Fery has been the surprise package of the Wimbledon Championships in 2026. The 23-year-old only entered as a wild card, invited by the organizers since his 114th world ranking was too low to qualify automatically.

On Wednesday, he won his quarterfinal against the ninth seed, Flavio Cobolli, in straight sets — as the queen watched on from Center Court’s royal box. It made Fery the fifth British man to reach the Wimbledon semifinals since the Open Era began in 1968, where he will play Germany’s Alexander Zverev.

If he loses in the semis, Fery will take home about $1.2 million, rising to $2.4 million if he makes the final, and $4.8 million if he wins the whole thing.

However, next to his father’s wealth, those numbers are pocket change.

According to the French business magazine Challenges, Fery’s father, Loïc, is France’s 402nd-richest man, worth 330 million euros, or around $380 million.

He started work as a financial trader in Hong Kong for the French bank Société Générale. He rose up the ranks before setting up his own hedge fund, Chenavari Investment Managers, in 2008. The firm’s website says it has $5.8 billion of assets under management.

He also owned FC Lorient, a soccer team in France’s top division, between 2009 and January of this year. He sold his stake to Bill Foley’s Black Night Football Club, but remains the team’s president.

Lorient's French president Loic Fery celebrates at the end of the French L1 football match between Lorient and Metz on April 22, 2017 at the Moustoir stadium of Lorient, western France. Lorient won 5-1
Loïc Féry celebrating an FC Lorient victory in 2017. JEAN-SEBASTIEN EVRARD / AFP via Getty Images

Arthur Fery attended the elite King’s College School, Wimbledon, a 20-minute walk away from the hallowed tennis grounds. Tuition fees cost up to $50,000 per year. The Times of London ranked it as the UK’s eighth-best school this year.

In 2020, he enrolled at Stanford University on a tennis scholarship and became the top-ranked singles player on the college circuit.

With the costs of coaching and access to facilities, tennis has always been associated with wealth. That’s only become more apparent in recent years with the success of Emma Navarro and Jessica Pegula, whose fathers are both billionaires.

Fery’s success at Wimbledon, however, has arguably been all thanks to a trait money can’t buy: determination.

At 5-feet-9 inches, he’s one of the shorter male players and lacks the same reach and serve speed as many opponents. However, he has found success thanks to his perseverance and athleticism, running all over the court to return the ball and never giving up on a point.

On Friday, he plays the world’s third-ranked player, 6-feet-6 inch Zverev. A win would make him the first British player to reach a Grand Slam singles final since Andy Murray in 2016, and the second wild card since Goran Ivanišević won the 2001 championships.

Read the original article on Business Insider

The post Wimbledon’s breakout star is the son of a hedge fund multimillionaire appeared first on Business Insider.

Call of Duty: Black Ops 1 & 2 Ports Launch Alongside All DLC Packs From Original Games
News

Call of Duty: Black Ops 1 & 2 Ports Launch Alongside All DLC Packs From Original Games

by VICE
July 9, 2026

Call of Duty fans on PlayStation 5 have been patiently waiting for the new ports of the first two Black ...

Read more
News

I tried 7 different mayonnaises to find the best one. I’m shocked the cheapest condiment beat my usual favorite.

July 9, 2026
News

Investors flock to Big Tobacco as companies pivot to vapes and pouches — as moral taboo goes up in smoke

July 9, 2026
News

Here’s how to watch ‘RHOC’ Season 20 premiere live for free: Cast, time

July 9, 2026
News

49% of young adults live at home, up 12 points since 2019. An economist says the fallout will reshape marriage, kids, and home-buying

July 9, 2026
Can Trump ‘Cut Off All Trade’ With Spain? Here’s What Experts Say

Can Trump ‘Cut Off All Trade’ With Spain? Here’s What Experts Say

July 9, 2026
Silicon Valley Wants to Save You From AI Layoffs

Silicon Valley Wants to Save You From AI Layoffs

July 9, 2026
‘Monty Python twist’: MS NOW in awe as Trump ally forced to run against a trash can

‘Monty Python twist’: MS NOW in awe as Trump ally forced to run against a trash can

July 9, 2026

DNYUZ © 2026

No Result
View All Result

DNYUZ © 2026