Coco Gauff is a multimillionaire at the age of sixteen. Here's how the tennis champion earns and spends her money.

Coco Gauff won the 2023 US Open to become a Grand Slam champion. The 19-year-old tennis star will make $3 million from the win in NYC. How the adolescent sensation makes and spends millions.

Insider advises starting the day with Morning Brew Logo, a daily newsletter. At 19, Coco Gauff is a multi-millionaire.

The 2023 US Open women's singles champion defeated freshly crowned world No. 1 Aryna Sabalenka 2-6, 6-3, 6-2 to win her first Grand Slam.

Gauff earned $3 million for his feat, along with a glittering new trophy and entry into the Grand Slam champions club.

Delray Beach, Florida, native has made a fortune in her teens. Gauff spends and makes millions:

The 19-year-old tennis star defeated Belarusian star Aryna Sabalenka, who became world No. 1 the week after the competition, 2-6, 6-3, 6-2 in the 2023 US Open final to earn her maiden major title.

Gauff received a $3 million payment and a silver trophy in New York City on Saturday. 

"I really love fashion," Gauff stated. I love cosmetics. I love that kind. I haven't considered how to brand that.