is borg the first tennis millioniare

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

  1. adil1972

    adil1972 Hall of Fame

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    maybe thats why he retired so early

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

    SoBad G.O.A.T.

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    Good move walking out of Flushing in silence when he realised he had better things to do.
     
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  3. dominikk1985

    dominikk1985 Legend

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    wasn't he broke a few years later? he certainly made a lot of money with tennis.
     
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  4. jokinla

    jokinla Hall of Fame

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    He was the most famous one to lose it too.
     
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  5. ollinger

    ollinger Legend

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    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.
     
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  6. Gorecki

    Gorecki G.O.A.T.

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    flushing is a fitting word in your case...
     
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  7. SoBad

    SoBad G.O.A.T.

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    He was broke outside of his Zurich accounts.

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

    cc0509 Talk Tennis Guru

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    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.
     
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  9. big ted

    big ted Hall of Fame

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    thats true, djokovic has made more than twice that amount this year alone
     
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  10. smoledman

    smoledman Legend

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    Connors was the first millionaire.
     
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  11. firepanda

    firepanda Professional

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    He was the first player to earn a million quid in one season.
     
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  12. hoosierbr

    hoosierbr Hall of Fame

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    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.
     
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  13. Russeljones

    Russeljones G.O.A.T.

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    This children, is why school is important. Don't underestimate good old education.
     
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  14. Zarfot Z

    Zarfot Z Professional

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    3.6 million is enough to last several generations if used conservatively.
     
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  15. dominikk1985

    dominikk1985 Legend

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    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.
     
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  16. Russeljones

    Russeljones G.O.A.T.

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    It's no use. If he can't use rudimentary indexing for inflation, there is no hope.
     
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  17. SoBad

    SoBad G.O.A.T.

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    The money doesn't matter anyway, it is all about the soul and spiritual enrichment.
     
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