American professional tennis player, Serena Williams, has broken record in the latest list released by Forbes.

Serena became the first athlete to make Forbes’ list of the World’s Richest Self-Made Women.

According to a publication released on Tuesday, the 37-year-old made the list as a result of her net worth of $224m (£177m).

The tennis star was ranked number 80 with a net worth of $225 million.

Williams took to her Instagram page to celebrate the milestone

She wrote; “Be the brand. Starting @Serena and @Serena.Ventures are just a few steps. Honored to be the first athlete on Forbes Self Made Women list.”

Diane Hendricks, the 72-year-old chairman of ABC Supply, claimed the top spot for the second year in a row with a net worth of $7 billion, Forbes reported.

Meg Whitman, the current CEO of Quibi and former eBay CEO, took the No. 2 spot with a net worth of $3.8 billion.

Little Caesars Pizza cofounder, Marian Ilitch, Epic Systems CEO, Judy Faulkner and Thai Lee, the CEO of IT provider, SHI International, also made it to the top 5 of Forbes’ most successful self-made billionaires.

Kylie Jenner ranked 23 on the list and is among the 25 billionaires named.