The Austrian, who has not played since suffering the injury at the Mallorca Open in June, was unable to defend his US Open title this year.
Dominic Thiem has seen a surge in his net worth and endorsements in the years 2019 to 2020.
Dominic Thiem won the US Open in 2020, making him the second player from Austria to win a Grand Slam title.
Dominic Thiem has gained international superstardom by winning the US Open in 2020 and his career titles currently stand at 17.
Dominic Thiem from Austria has a high net worth and prize money after a glorious performance in the last couple of years.
The US Open has seen fewer streaks of dominance from the likes of Roger Federer, Novak Djokovic and Rafael Nadal.
The Swiss maestro is the latest big name to withdraw from the Olympics. Rafael Nadal, Nick Kyrgios and Simona Halep were the others to pull out of the Summer Games.
Halep was forced to skip Roland Garros this year as well, owing to the same injury that was sustained at the Rome Open this year.
Thiem will have to wear a wrist splint for at least five weeks and will hope to be okay by the time the US Open comes around in August.
Thiem was leading the opening set 5-2, but appeared to injure his right wrist when he struck a forehand. Elsewhere, Daniil Medvedev had it easy in his match.