Monday, 17 July 2017

German Tennis Great, Boris Becker, Lost Part of His £100m Fortune Investing in Nigerian Oil Firms

According to the story, the former Tennis great lost a huge sum of money to a Nigerian Oil firm in which he invested in. The deal was brokered by a Canadian firm and a Nigerian assistant of his in 2013.

Unfortunately he lost his investment because the company went under……so did Becker. The former Wimbledon champion who was worth £100m has  filed for bankruptcy as a result.

Word has it that he also made bad investments in the Dubai property scene. Following his inability to pay large sums of money owed to London-based private bankers, Arbuthnot Latham & Co since 2015, he has been declared bankrupt and is said to be selling off properties to pay his debt.

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