Boris Becker: Assets, Prize Money and Current Income
How rich is Boris Becker?
Former German tennis player Boris Becker is estimated to own a Assets of only 500,000 euros. Once it should have been over 100 million euros. The income is estimated at around one million euros for the current year, of which Boris currently has to surrender 52% of his monthly earnings to the insolvency administrator due to the English bankruptcy proceedings against him. The bankruptcy restrictions were extended until October 16, 2031. The former professional tennis player generated $ 25.08 million in prize money alone, which he was able to win during his career. He is currently still among the top 20 in the ranking of tennis players with the highest prize money. Income continues to come from well-paid TV jobs.
Is Boris Becker broke?
On June 21, 2017, a judge in London officially declared Boris Becker bankrupt. The private bank Arbuthnot Latham & Co demanded repayment of long-standing Debt (10.5 million euros) one, as the former tennis star has been in arrears with his payments since 2015. The judge rejected a postponement of 28 days demanded by Becker’s lawyers to sell a villa on Mallorca for around 6 million euros. With that, everything came to the public.
Only 2 weeks later came the next bad news about Becker’s debts, because the Swiss businessman Hans-Dieter Cleven has stated that he still has a payment arrears amounting to the equivalent of 37.7 million euros. In total, however, 15 creditors are now demanding money from Becker. According to media reports, claims amounting to the equivalent of 61 million euros have been received. It remains to be seen how the negotiations and the insolvency proceedings will continue. Boris is not bankrupt, however, as he still owns a few properties and other companies.
This is how Boris Becker burned his money:
- Maintenance for 3 children at an unknown amount
- The divorce from Barbara Becker allegedly cost 15 million euros (2011)
- One-time maintenance payment of 6 million euros for Angela Ermakowa + 5,100 euros per month (2001)
- 35,000 euros per month for his apartment building in Wimbledon-London
- Several bankruptcies
- Luxurious lifestyle
- According to Focus, he flew around the world annually in a private jet with bodyguards and attendants for around 750,000 EUR
Boris Becker’s assets and income
As an advertising star, Boris Becker is always present with the Germans and in the media even after his active career as a tennis player. Becker was like that for some Cult spots responsible, especially his engagement with the internet provider AOL. As the former owner of three Mercedes car dealerships, he was definitely able to generate a handsome income, which also applies to his company Völkl Tennis GmbH and Boris Becker GmbH. The Internet portal Sportgate, in which Becker was also involved, filed for bankruptcy in 2001.
Novak Djokovic’s tennis coach
From December 2013 to the end of 2016 Boris Becker worked as a trainer for tennis superstar Novak Djokovic and also earned an impressive income of 800,000 euros per year. In total, Djokovic won six Grand Slam titles and a total of 25 tournament victories in the three years under coach Becker.
Women’s stories and tax evasion
Boris Becker not only stayed because of his many Advertising contracts always present in the media, but also through the many alleged affairs. Boris has two children with his first wife, Barbara Feltus. The marriage ended in divorce in 2001. His Quicke with a Russian model in a broom closet was of particular interest to the tabloids. This is where his third child comes from. In the period that followed, Boris Becker had other affairs with often prominent women, such as Sabrina Setlur and Alessandra Meyer-Wölden. Becker has been married to Lilly since 2009. His first child followed in 2010 with the native Dutchwoman. In 2018 the big love break came and the couple lives separately and wants to get a divorce.
Boris Becker provided his tax return with false information in order to save 3.3 million D-Marks. For this, Becker was sentenced to two years probation in 2002.
Bad investment in car dealerships
Furthermore, Boris Becker is also active as a (rather less successful) entrepreneur and was the owner of three Mercedes car dealerships in Greifswald, Stralsund and Ribnitz-Damgarten. He employed 160 people and the turnover was over 30 million euros, but only a small profit remained. At the end of 2016 it became known that the ex-tennis star wanted to sell his car dealerships. The purchase was completed in Q1 2017 and the dealerships were taken over by the Mercedes dealer chain Brinkmann. Nothing more is known about the purchase price.
Boris Becker became extremely popular in Germany when he, among other things, played the renowned tennis tournament Wimbledon could win. He achieved this several times and to this day, at only 17 years old, is the younger winner in the history of the traditional tournament. His greatest successes on the tennis court include winning a gold medal in doubles and a bronze medal in singles Olympia. Becker was voted German Sportsman of the Year four times, with many experts of the opinion that Becker achieved everything as a tennis player. According to a renowned tennis magazine, Boris is ranked 18th among the 40 greatest tennis players in the world.
This is also confirmed by his 6 Grand Slam titles:
“Head of Men’s Tennis” at the DTB
Boris has been back in office as “Head of Men’s Tennis” in the German Tennis Association since August 2017. He should not receive a salary from the DTB for this task, but work in this position on a voluntary basis. The federal government will not reimburse more than travel expenses.
Landmark / PR Photos
Joe Seer + thomasowen / Bigstock.com
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