Saturday, July 13, 2024

Meet Emma Navarro, the American billionaire heiress who upset world No. 2 Coco Gauff to take the tennis world by storm

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Her father, Ben Navarro, has an estimated net worth of $1.5 billion, according to Forbes.


Ben Navarro reacts after his daughter Emma Navarro plays against Naomi Osaka in round two of Wimbledon 2024.

Ben Navarro.

HENRY NICHOLLS/Contributor/AFP via Getty Images



Ben Navarro, 61, is the founder and CEO of Sherman Financial Group, which Forbes describes as “a credit card and debt collection empire.”

One of the group’s main assets is lender Credit One, which some eagle-eyed fans may have noticed is one of the logos on Emma’s uniforms at recent tournaments.

Forbes reported that, in addition to banking, Navarro has purchased more than $350 million worth of property in Charleston since 2021.

He’s also been an active buyer in the tennis space, with CNN reporting that he purchased the Cincinnati Open tournament for about $300 million in 2022.

Other tennis-related ventures in his portfolio include the South Carolina-based Live To Play Tennis Club and the Volvo Car Open, the largest women’s only tennis tournament in North America, per the WTA. (It has since been renamed the Credit One Charleston Open.)

In 2019, the US Tennis Association named the Navarro family South Carolina’s tennis family of the year.

He told the Post and Courier at the time, “As a fan, father, and business owner, tennis has brought so much to our family. Junior tennis has provided a place for our children to learn a work ethic, develop friendship through shared struggle, and learn to handle disappointment, defeat, and sometimes even unfairness.”

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