Monday, 17 July 2017

Boris Becker goes bankrupt after losing £100m to Nigerian oil firm

Known as one of tennis greats, Boris Becker made a huge fortune during his career that spanned 15 years.

A huge part of his £100million fortune has however been lost after the Nigerian oil company he invested in suffered losses.

According to German news magazine Der Spiegel, the former tennis player bought shares in these companies in 2013.

The deals the report says was brokered by a Canadian firm and a Nigerian employee of Becker.

The 49-year-old declared bankrupt in June 2017 and his lawyer John Briggs told the London court the six-time Grand Slam winner ‘is not a sophisticated individual when it comes to finances.’ Becker’s remaining assets will be disposed of to pay creditors.

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