The Swiss legend was the top tennis earner for 2021 on £62.4million despite playing just five tournaments due to injury.
The 20-time Grand Slam winner is recovering from knee surgery last August that will probably keep him out of Wimbledon this summer.
And as he watches the drama of the Australian Open, including big rival Novak Djokovic’s deportation, Federer remains well clear for combined earnings on and off the court.
The only two women in the top 10 – compiled by Forbes – were second and third respectively, Japan’s Naomi Osaka with £41m and USA icon Serena Williams on £26.4m – ahead of £24.8m earner Djokovic.
Nobody in tennis serves you better when it comes to a clean-cut reputation than 40-year-old Federer.
But it’s actually Osaka who rakes in the most away from the playing action, reportedly accruing more than 90 per cent from deals such as endorsements with Workday, Tag Heuer and Louis Vuitton.
Nonetheless, the sport’s elite earners still saw a clear dip in income from the previous year, £252m in 2020 to £237.5m.
Covid was of course the main reason, as players ‘suffered’ from a reduction in tournaments, exhibition matches and appearance fees.
Federer will be anxious to return to action this year, particularly as he, Djokovic and Rafa Nadal are locked together for the most Slam triumphs ever.
In the absence of his two fellow all-time greats, Spaniard Nadal hopes to nip ahead on 21 as he is into the OZ Open quarter-finals this week.
Winning Down Under would also give the left-hander a hefty kick-start to his chances of moving up from sixth place in the earnings’ list.
Japan’s Kei Nishikori pocketed around £19.8m last year, just ahead of Nadal’s £19.7m.
Then comes a big drop to to best of the rest.
Russian Daniil Medvedev is seventh on £10.9m, followed by Austria’s Dominic Thiem with £8.1m, Greek ace Stefanos Tsitsipas on £5.6m and German Alexander Zverev with £4.1m.
Scotland’s two-time Slam champ Andy Murray, 34, misses out after two years fighting back from injuries.
That leaves him limping by on a net worth of around £123m, including £45m winnings.
But one to watch is Murray’s fellow Brit, 2021 US Open queen Emma Raducanu, whose near £2.5m prize money last year has been slowly dwarfed by the 19-year-old’s glamorous endorsement deals.