is borg the first tennis millioniare

Discussion in 'General Pro Player Discussion' started by adil1972, Oct 11, 2012.

  1. adil1972

    adil1972 Professional

    Joined:
    Oct 4, 2012
    Messages:
    1,435
    maybe thats why he retired so early

    he must have lot of money in the bank at the time of retirement
     
    #1
  2. SoBad

    SoBad Legend

    Joined:
    Aug 2, 2006
    Messages:
    7,738
    Location:
    shiran
    Good move walking out of Flushing in silence when he realised he had better things to do.
     
    #2
  3. dominikk1985

    dominikk1985 Legend

    Joined:
    Feb 11, 2011
    Messages:
    6,409
    wasn't he broke a few years later? he certainly made a lot of money with tennis.
     
    #3
  4. jokinla

    jokinla Hall of Fame

    Joined:
    Apr 24, 2011
    Messages:
    2,705
    He was the most famous one to lose it too.
     
    #4
  5. ollinger

    ollinger Legend

    Joined:
    Nov 24, 2004
    Messages:
    6,016
    He lost lots of it in failed business ventures, but before that gave his parents an estimated one to three million dollars to hold for him in their names.
     
    #5
  6. Gorecki

    Gorecki G.O.A.T.

    Joined:
    Jul 20, 2007
    Messages:
    13,227
    Location:
    Puerto y Galgo....
    flushing is a fitting word in your case...
     
    #6
  7. SoBad

    SoBad Legend

    Joined:
    Aug 2, 2006
    Messages:
    7,738
    Location:
    shiran
    He was broke outside of his Zurich accounts.

    You have a case on me now, not a surprise considering your personality.
     
    #7
  8. cc0509

    cc0509 G.O.A.T.

    Joined:
    Sep 16, 2010
    Messages:
    14,756
    He only made about 3.6 million in prize money. That is peanuts in today's game.
    I know he made more money in endorsements but even that is nothing compared to the money the top pros can make with endorsements these days.
     
    #8
  9. big ted

    big ted Hall of Fame

    Joined:
    May 17, 2004
    Messages:
    1,833
    thats true, djokovic has made more than twice that amount this year alone
     
    #9
  10. smoledman

    smoledman Legend

    Joined:
    Jul 6, 2012
    Messages:
    5,409
    Location:
    USA
    Connors was the first millionaire.
     
    #10
  11. firepanda

    firepanda Professional

    Joined:
    May 11, 2012
    Messages:
    1,423
    Location:
    New Zealand
    He was the first player to earn a million quid in one season.
     
    #11
  12. hoosierbr

    hoosierbr Hall of Fame

    Joined:
    Jul 12, 2005
    Messages:
    1,837
    His estimated fortune when he retired was around $60-70 million, not too shabby for the early 80's. I'd take that today.

    It's true that he lost a lot of it - his divorce settlement, child support, failed businesses, investments going bad, etc. I don't think he ever really went broke. At the time of his comeback he said that if things were so bad that he needed to make a lot of money quickly he could do so by playing exhibitions which paid him a handsome appearance fee plus any prize money.

    He's doing just fine these days as his clothing line is very successful in Europe.
     
    #12
  13. Russeljones

    Russeljones G.O.A.T.

    Joined:
    Jun 27, 2011
    Messages:
    12,365
    This children, is why school is important. Don't underestimate good old education.
     
    #13
  14. Zarfot Z

    Zarfot Z Semi-Pro

    Joined:
    Jul 12, 2012
    Messages:
    786
    3.6 million is enough to last several generations if used conservatively.
     
    #14
  15. dominikk1985

    dominikk1985 Legend

    Joined:
    Feb 11, 2011
    Messages:
    6,409
    also you have to consider inflation. 3.6 millions was a lot more 30 years ago than it is now. wages and prices have risen a lot.
     
    #15
  16. Russeljones

    Russeljones G.O.A.T.

    Joined:
    Jun 27, 2011
    Messages:
    12,365
    It's no use. If he can't use rudimentary indexing for inflation, there is no hope.
     
    #16
  17. SoBad

    SoBad Legend

    Joined:
    Aug 2, 2006
    Messages:
    7,738
    Location:
    shiran
    The money doesn't matter anyway, it is all about the soul and spiritual enrichment.
     
    #17

Share This Page