• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

1

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Successequal pay

Michelle Obama calls for equal pay for female athletes ahead of U.S. Open: ‘Let us remember that all of this is far bigger than a champion’s paycheck’

By
Chloe Taylor
Chloe Taylor
Down Arrow Button Icon
By
Chloe Taylor
Chloe Taylor
Down Arrow Button Icon
August 29, 2023, 12:01 PM ET
Michelle Obama speaks at the U.S. Open’s opening night, Aug. 28, 2023.
Michelle Obama speaks at the U.S. Open’s opening night, Aug. 28, 2023.Jean Catuffe—GC Images
Add Fortune on Google for similar content.

Persistent pay gaps in the world of sports are a sign of “how women are seen and valued in this world,” Michelle Obama said on Monday, as she urged the public to stand up for equal pay.

Recommended Video

As the U.S. Open kicked off, the former First Lady spoke to the crowd at New York’s Arthur Ashe Stadium, where a special event was held to honor tennis icon Billie Jean King.

The occasion also marked 50 years of equal pay for male and female players in the tournament.

In 1972, King told tournament organizers she and her female colleagues would not return the following year unless they were paid equally. She had been awarded $10,000 for winning the women’s singles title, while men’s champion Ilie Nastase took home a $25,000 prize.

King—who won 39 Grand Slam titles throughout her career—went on to form the Women’s Tennis Association (WTA) and, thanks to a grant from a sponsor, helped bring about change that saw male and female players awarded the same winnings at the U.S. Open from 1973 onwards.

“Fifty years ago, everything was hanging in the balance. Billie Jean had a choice. She could put her head down, keep winning tournament after tournament, and just accept whatever check she was given.

“Or she could dig deep and break serve. She could make a stand,” Obama said at Monday’s event. “If you know Billie Jean, you know what she chose…and thankfully, the U.S. Open had the guts to listen.”

Today I was honored to celebrate @BillieJeanKing and the 50th anniversary of equal prize money at the @USOpen. Billie Jean didn’t just change tennis — she changed the future on and off the court for women and girls in the decades since. pic.twitter.com/w1BtovAWpu

— Michelle Obama (@MichelleObama) August 29, 2023

At this year’s tournament, U.S. Open singles champions will win a record $3 million each.

However, Obama argued Monday that the progress made by King and other activists was at risk of being undermined.

“Let us all summon a fraction of the courage and tenacity of women like Billie Jean King and continue to fight for a better, more just, more equitable future for all of our children,” she said. “We can sit by silently and hope that someone else will fight our battles. Or we can make our own stand. We can use whatever platforms we have to speak out and fight to protect the progress we’ve made and level the playing field for our daughters and their daughters.”

The bestselling author, philanthropist, and mom of two daughters said that, ultimately, female athletes’ battle for equal pay was about more than sports.

“Let us remember that all of this is far bigger than a champion’s paycheck,” she said. “This is about how women are seen and valued in this world. Sadly, we have seen how quickly progress like this can be taken away if we are not mindful and vigilant, if we do not keep remembering, advocating, organizing, speaking out and, yes, voting.”

Sport’s gender pay gap problem

While all four of tennis’s Grand Slam tournaments now award equal prize money for men and women, there are other tournaments in the sport that have yet to catch up.

At this year’s Western & Southern Open in Cincinnati, men’s singles champion Novak Djokovic took home $1.02 million, while women’s champion Coco Gauff earned $454,000.

The WTA announced in June that it had established a pathway to attain equal prize money at all tennis tournaments by 2033.

Other sports are trailing behind, however, when it comes to closing or narrowing their own gender pay gaps.

In 2017, a study by BBC Sport found that 35 out of 44 sports pay men and women equal prize money—meaning 20% of sports had a gender pay gap for their elite athletes. The broadcaster contacted the governing bodies of 68 different sports, but only 55 responded, and not all of those who did respond paid prize money.

Meanwhile, in Forbes’s 2023 ranking of the world’s highest-paid athletes, only one woman broke into the top 50: Serena Williams, who the publication said earned an estimated $45.3 million in the 12 months to May.

Soccer’s pay gap was brought to light once more during the 2023 Women’s World Cup this summer. The tournament’s total prize pot amounted to $110 million, compared with $440 million up for grabs at the men’s World Cup in Qatar last year.

While payouts from governing body FIFA are still unequal, the U.S. women’s soccer team achieved pay parity last year when their male counterparts agreed to pool their prize money and split it equally among both teams.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Chloe Taylor
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

nido
Commentary250 Years of Innovation
As an immigrant turned entrepreneur and college president, here is why I celebrate our nation as it turns 250
By Nido R. QubeinJune 25, 2026
2 hours ago
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
SuccessBillionaires
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
By Orianna Rosa RoyleJune 25, 2026
6 hours ago
MacKenzie Scott alone accounted for one-third of America’s $19.2 billion in megagifts last year
SuccessMacKenzie Scott
MacKenzie Scott alone accounted for one-third of America’s $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
6 hours ago
Getting past the pilot: Why so many AI test projects have trouble scaling
SuccessBrainstorm Tech
Getting past the pilot: Why so many AI test projects have trouble scaling
By Alexei OreskovicJune 24, 2026
14 hours ago
How ‘Ozempic face’ is pushing Gen X, already the biggest Botox and filler consumers, to the facelift table a decade early
HealthGen X
How ‘Ozempic face’ is pushing Gen X, already the biggest Botox and filler consumers, to the facelift table a decade early
By Mia OsmonbekovJune 24, 2026
16 hours ago
Matt Garman
Successthe future of work
‘Wipe out and change are different’: Amazon exec slams AI job apocalypse fears as he hires thousands of Gen Z grads
By Preston ForeJune 24, 2026
22 hours ago

Most Popular

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
1 day ago
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
1 day ago
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
22 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
24 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
2 days ago
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
Economy
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
By Tristan BoveJune 24, 2026
19 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.