Tennis Legend Loses £100m fortune In Nigerian Oil Firm

By Christian Smith 

Tennis legend Boris Becker, 49, has been declared bankrupt after losing a huge part of his £100million fortune in failed investments.

According to German news magazine Der Spiegel, the former tennis champion bought shares in a Nigerian oil firm in 2013.

However, the investments brokered by a Canadian firm and a Nigerian employee of Mr Becker failed, leading to his bankruptcy last month (June 2017).

Mr Becker’s lawyer John Briggs told the London court the six-time Grand Slam winner ‘is not a sophisticated individual when it comes to finances.’

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s