Serena Williams broadcasts retirement from tennis

Tennis legend Serena Williams introduced her retirement in a Vogue article revealed on Tuesday.

“I by no means appreciated the phrase ‘retirement’,” Williams wrote. “Most likely the most effective phrase to explain what I am doing is ‘development.’ I am right here to let you know that I am shifting away from tennis to different issues which are necessary to me.”

Williams, who turns 41 subsequent month, has 73 profession singles titles, 23 profession doubles titles and greater than $94 million in profession wins.

Williams is broadly thought to be one of many biggest athletes of all time. In her Vogue piece, she talked about that a few of her critics level out that she hasn’t received probably the most Grand Slam titles in girls’s tennis historical past.

“There are individuals who say I am not a goat as a result of I have never handed Margaret Court docket’s document of 24 Grand Slam titles, which she achieved earlier than the ‘Open Period’ started in 1968,” Williams wrote. “I would be mendacity if I mentioned I did not need that document.”

She mentioned she would retire after the US Open, which is able to run from late August to September. A win there would tie him to the courtroom’s Grand Slam document.

“I do not know if I am able to win New York. However I will strive,” Williams wrote of the event performed in Queens.

He has counted sponsorships for firms together with Nike, Audemars Piguet, Away, Beats, Bumble, Gatorade, Gucci, Lincoln, Michelob, Nintendo, Wilson Sporting Items and Procter & Gamble.

Nike mentioned it will proceed to work with Williams. The corporate mentioned, “Serena Williams redefines what it means to be a real champion. Her legacy goes past the game and has impressed generations.” “We look ahead to persevering with our long-standing partnership along with her. And, we thank her for all she has carried out and can proceed to do sooner or later.”

Williams targeted on her household within the announcement, writing that her practically five-year-old daughter desires to be a giant sister. Williams is married to Alexis Ohanian, the founding father of Reddit.

“I by no means needed to decide on between tennis and household. I do not assume it is honest,” Williams wrote. “If I have been a boy, I would not be penning this as a result of I might play and win there whereas my spouse was doing bodily labor to broaden our household.”

She added in an Instagram put up on Tuesday: “I’ve acquired to concentrate on being a mother, my religious objectives and eventually discovering a unique, however simply thrilling Serena. I will get pleasure from it over the following few weeks.”

Professionally, she desires to broaden to a small funding agency of six individuals, Serena Ventures, which was one of many first traders within the masterclass. Her agency raised $111 million in exterior financing this yr.

Williams wrote that solely 2% of enterprise capital goes to girls and that “we have to change that, to have extra individuals who seem like me, who’re giving themselves a refund.”

-CNBC’s Jessica Golden contributed to this report.

Serena Williams' Venture Fund Raises $111 Million

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