But after waiting 20 years to return to the Games, the Swiss star almost had her Rio dream snatched away -- not once but twice.
First, Roger Federer, her scheduled partner in the mixed doubles, withdrew with injury and a day later Belinda Bencic, her doubles teammate, also pulled out.
In a last-minute solution, where Vitorija Golubic dropped out of the team, Hingis was paired with Timea Bacsinszky.
"When Roger agreed to play with me I was very excited but in our sport you never know what's going to happen next week," said Hingis who only arrived in Rio on Thursday afternoon.
"But we were both equally disappointed that we couldn't compete in the Olympic Games together. I was looking forward to bringing home a medal.
"I have another chance. I never go on the court thinking I am going to lose and I am here to compete hard with Timea," added Hingis, now a 35-year-old veteran of the tour.
Back in the 1996 Olympics, Hingis lost in the second round of the singles and reached the quarter-finals of the doubles with Patty Schnyder.
But she retired in 2003 with a knee injury before returning to the tour in 2006.
One year later, she was into her second retirement when she was hit with a two-year doping suspension having tested positive for cocaine at Wimbledon.
Six years later she was back again, reinvented as a doubles specialist and has since won three Grand Slam titles, forming an imposing partnership with India's Sania Mirza.
"I was very much a rookie on the tour," said Hingis as she looked back on her time in Atlanta.
"Playing in the Olympics was a priority for me when I came back to play Fed Cup two years ago. Now I am here with Timea and I will try my best."
The only problem for the Swiss pair is that they have never played together as a doubles team.
However, that has not affected their seeding.
"We are seeded five so that shows confidence in us. We haven't played together, but we'll figure out a way to communicate," added Hingis.
