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Wimbledon is considered the most prestigious tennis event in the world, and the funds for the Wimbledon 2023 Prize Money follow that epithet. This is one of the tournaments that can be a real spark in the career of any player, not just in terms of competition but also financially. Every Grand Slam is an opportunity for players who are not among the top 50 or maybe even not in the top 100 to make significant earnings that may be the boost they need in terms of career investment.
As usual, the Wimbledon Prize Money is increasing every year, and the total amount for this year’s edition is set at a record-breaking £44,700,000. That is 10.7% more than the previous year. If we convert that to other currencies, it will be just over €52 million or almost $57 million.
There are many tournaments in the Wimbledon program, so the organizers made sure everyone would get a solid piece of the prize money. For instance, the singles champions, besides winning 2,000 points, will earn £2,350,000, which is an increase of 17.5% compared to last year. The runners-up and the semifinalists will earn around 12% more than last year. The players who will make the main draw and exit in the opening round will leave with £55,000 and 10 points.
Wimbledon Prize Money – Individual Event Breakdown
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There will be 128 players in the main draws of each men’s and women’s tournament who will enter the following couple of weeks with the dream to be the last one standing. There are three qualifying rounds for the players whose ranking does not put them in the main draw, and they will need to win three matches to qualify for the main event. Of course, there are wildcards and lucky losers, and it will be very interesting to see how far they can go. With every win, the players go onto a different level when it comes to the prize money, and whoever wants to win the ultimate prize will need to win 7 matches in the two-week tournament.
2023 Wimbledon Prize Money
Since 2007, both men’s and women’s tournaments have equal prize money. Prior to that, the players of the men’s event earned significantly more than those of the women’s event. Wimbledon was the last of the four Grand Slam tournaments to offer equal prize money for both tournaments, and they did so 34 years after the USA Open, which was the first major to do that in 1973.
Men’s and Women’s Singles
- Winner: £2,350,000 / 2,000 ATP and WTA points
- Runner-up: £1,175,000 / 1,200 ATP / 1,300 WTA points
- Semifinalists: £600,000 / 720 ATP / 780 WTA points
- Quarterfinalists: £340,000 / 360 ATP / 430 WTA points
- Fourth Round: £207,000 / 180 ATP / 240 WTA points
- Third Round: £131,000 / 90 ATP / 130 WTA points
- Second Round: £85,000 / 45 ATP / 70 WTA points
- First Round: £55,000 / 10 ATP and WTA points
- Third Qualifying Round: £36,000 / 16 ATP / 30 WTA points
- Second Qualifying Round: £21,750 / 8 ATP / 20 WTA points
- First Qualifying Round: £12,750 / 0 ATP / 2 WTA points
Men’s and Women’s Doubles (per double)
- Winner: £600,000 / 2,000 ATP and WTA points
- Runner-up: £300,000 / 1,200 ATP / 1,300 WTA points
- Semifinalists: £150,000 / 720 ATP / 780 WTA points
- Quarterfinalists: £75,000 / 360 ATP / 430 WTA points
- Second Round: £22,000 / 180 ATP / 240 WTA points
- First Round: £13,750 / 90 ATP / 130 WTA points
Mixed Doubles
- Winner: £128,000
- Runner-up: £64,000
- Semifinalists: £32,000
- Quarterfinalists: £16,500
- Second Round: £7,750
- First Round: £4,000
Prize Money Wimbledon – Wheelchair Events Breakdown
Men’s and Women’s Wheelchair Singles
- Winner: £60,000
- Runner-up: £31,000
- Semifinalists: £21,000
- Quarterfinalists: £14,500
Men’s and Women’s Wheelchair Doubles
- Winner: £26,000
- Runner-up: £13,000
- Semifinalists: £8,000
Wimbledon Prize Money History
Wimbledon has assigned significant prize money since 1968. Back then, the winner of the men’s singles tournament received £2,000 while the winner of the ladies’ tournament got a check on £750. The winner of the men’s double competitions split £800 and their female colleagues £500.
The prize money was increasing almost every year, and in 1974 the prize for the men’s singles winner reached £10,000. Five years later it was doubled to £20,000 and in 1984, it reached £100,000. That was the first time when the total prize money reached the one million mark and was precisely £1,461,896.
In 1990, Stefan Edberg won his second Wimbledon title and earned £230,000. Ten years later, that amount was more than doubled, and in 2000, Pete Sampras earned £477,500.
The 2006 Wimbledon edition was the last time when the men’s and women’s winners did not receive the same amount of money, as Roger Federer got £655,000 and Amelie Maursesmo £625,000.
2010 was the first time when the winners won £1,000,000 each. Only three years later, that number was already £1,600,000 and, in 2016, reached £2,000,000.
In 2020, Wimbledon paid out £10 million in prize money to 620 players despite the tournament’s cancellation because of the coronavirus pandemic. After consulting with their insurance company, Wimbledon officials decided 256 players who would have competed in the main draw to receive £25,000, while 224 players who would have competed in qualifying received £12,500.
Doubles players received £6,250 each, while wheelchair and quad wheelchair players got £6,000 and £5,000 each.
Two years later, Wimbledon decided to ban Russian and Belarussian players from the event, and therefore, there were no ranking points involved in the tournament.
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