Serena Williams is worth more than $300 million.
Serena Williams is worth more than $300 million.
But her 9-year-old daughter, Olympia, earns only $7 a week for doing chores at home.
The surprising part is not the $7. It is what her parents want her to learn from it.
Her parents have a combined net worth close to $500 million. Neither of them grew up with that kind of money.
So they want Olympia to learn that money comes from work.
She does the chores.
She earns the $7.
Then she learns how to save and manage it.
Serena even made sure Olympia gets weekends off.
Olympia once saved almost $100 for a $125 Tamagotchi watch. Her parents made her find the last $25 herself.
Serena could easily give her daughter more money.
Instead, they are using a small amount to teach her a big lesson:
Money is not just something you get.
It is something you learn to earn, save, and manage.