How much is Bjorn Borg’s net worth?
| net worth: | $80 million |
|---|---|
| age: | 68 |
| Birth: | June 6, 1956 |
| gender: | Male |
| Height: | 1.80 m (5 ft 11 in) |
| country of origin: | Sweden |
| Source of funds: | Professional tennis player |
| Last Updated: | August 17, 2024 |
Introduction
Björn Borg is a Swedish former professional tennis player who has an estimated net worth of $80 million.
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Borg is a former world No. 1 who is considered by many to be one of the best players of all time. He holds numerous Open Era records, winning 41% of the Grand Slam singles tournaments he participated in and 90% of those matches.
quick Facts
- Borg won the Italian Open in 1974, a few months before turning 18, earning his first professional win in top-tier tennis.
- At 26, Borg was one of the youngest tennis players to ever retire when he announced his retirement in January 1983.
- He made headlines in 1989 when reports surfaced that he had suffered a drug overdose, which he said was caused by food poisoning and sleeping pills.
- In December 2014, Dagens Nyheter ranked him as Sweden’s greatest athlete of all time.
- Despite being the world’s No. 1 tennis player for 109 weeks, Borg never won either the US Open or the Australian Open.
Early Life
Björn Rune Borg was born on June 6, 1956 in Stockholm, Sweden.
His parents, Rune and Margareta Borg, raised Borg in Södertälje, and he became interested in table tennis as a child after his father won a tennis racket in a competition.
When Borg was a young child, his father gave him a tennis racket, sparking his tennis aspirations.
Borg was a skilled player even as a youth – with a muscular and incredibly athletic body, he moved quickly around the court.
By the time he was 13 he had a powerful two-handed backhand and was beating Sweden’s top under-18 players.
Borg played for Sweden in the 1972 Davis Cup at the age of 15, winning his first singles match, and then winning the junior singles championship at Wimbledon.
The following year, in 1974, Björn began competing on the professional tour and reached the fourth round of his first French Open.
The following year, at his first Wimbledon Championships, he reached the quarterfinals and finished the year ranked 18th in the professional men’s singles rankings.
Livelihood
He won the first singles match of his professional career at the New Zealand Open in 1974 and, soon after, won matches in London and San Paulo.
His first major singles victories came in June 1974, when he won the Italian Open at the age of 16 and followed two weeks later with the French Open.
After earning his first Grand Slam win in 1974, he retained his French Open title the following year by defeating Guillermo Vilas in straight sets.
That same year Borg won two singles and one doubles match in the Davis Cup final, helping Sweden to victory over Czechoslovakia.
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This began Borg’s Davis Cup winning streak that continued throughout his professional career, spanning 33 matches in singles.
His career continued to flourish with victories at the 1976 and 1977 Wimbledon tournaments, as well as the World Championship Tennis match.
Borg won his last Grand Slam championship at the French Open in 1981 and only Rafael Nadal has a better record than Borg at the French Open.
However, he lost to McEnroe at Wimbledon that same year and thereafter lost the motivation to continue playing.
Borg participated in only one tournament in 1982, Monte Carlo, in which he was defeated by Yannick Noah.
In 1983, at the age of 26, Borg officially announced his retirement, surprising the tennis community, and John McEnroe urged him to continue competing.
Borg, on the other hand, was not convinced, although he attempted to return to competition from 1991 to 1993, largely unsuccessfully.
Bjorn has now become one of the best players on indoor as well as grass and clay courts along with Andy Murray, Andre Agassi, Ivan Lendl and Jim Courier.
Bjorn Borg’s Career Earnings
He is the first male professional to win 11 Grand Slam singles titles and, following his retirement, he started a successful fashion label.
His Grand Slam titles include six at the French Open and five consecutive at Wimbledon, a record equalled by Rod Laver.
It is difficult to provide an estimated figure of Bjorn Borg’s annual earnings, as he has not disclosed his earnings since he left professional tennis.
However, it is reported that he receives an estimated salary of $3 million per year from his various business interests and investments.
Bjorn’s title win opened the door for Pete Sampras, Roger Federer, Novak Djokovic and Rafael Nadal to all reach double-digit wins.
Bjorn Borg’s annual net worth
Bjorn was the first male tennis player to win more than $1 million in match fees in a single year. Throughout his career, Borg earned more than $3.7 million in match fees, a fraction of the amount the defending champion receives.
After retiring from tennis, he went on a spending spree that culminated in his financial collapse in 2006. He auctioned off his trophies and sold off his possessions. He sold his luxury Swedish home, speed boat and multimillion-dollar life insurance policies to pay off his debts and unpaid taxes. He also had to sell two autographed tennis rackets he used to beat Ilie Nastase in 1976 and John McEnroe in 1980.
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Despite his financial setbacks, it is reported that Bjorn Borg has an annual net worth of around $40 million. His multi-million dollar underwear business has boomed since he started it, and is now sold in over 20 markets around the world.
How does Bjorn Borg spend his money?
In the 1980s, Björn owned a beachfront home in Sands Point, New York, as well as a luxury home in Sweden.
He founded the “Björn Borg” clothing line in 1989 which is one of the best-selling brands in Sweden as well as the rest of the world.
In 2006, Björn sold the company’s full lifetime rights to the trademark of his name to owner World Brand Management for $18 million.
Borg has spent the past few decades dividing his time between a sprawling coastal home in Varmdo, Sweden, and a penthouse apartment in Monaco.
Borg owns some of the most expensive cars in the world, including a Ferrari 308 QV GTS, which he inherited in the 1980s.
personal life
In 1976, Borg began dating Romanian professional tennis player Mariana Simionescu, and they married in July 1980 in Bucharest, Romania.
They divorced in 1984 after four years of marriage, and Borg had a son, Robin, with Swedish model Jannicke Björling in 1985.
Later, he began dating Italian singer Loredana Bertè, and the two eventually married in 1989 – but that marriage didn’t last long either, as they divorced in 1993.
Borg met and married his third wife, Patricia Östfeld, in June 2002, and their son Leo was born in 2003.
You can follow Björn’s official Instagram account or Official Twitter Account To see what he is doing now.
Awards and achievements
Here are some memorable moments from Bjorn Borg’s career:
- At the age of 18, Borg defeated Manuel Orantes to become the youngest player to win the French Open.
- Borg won Wimbledon and the French Open for three consecutive years between 1978 and 1980.
- He was elected to the Tennis Hall of Fame in 1987.
- Bjorn won the BBC Sports Personality of the Year Overseas Personality award in 1979.
- Borg won his third French title without losing a set, a feat only achieved by Rafael Nadal in 2008 and 2010 and Ilie Năstase in 1973.
Summary
Borg is still regarded as one of the greatest tennis players in history, due to his unique playing style and unmatched physical fitness and toughness.
He could out-hit most of his opponents and often played with more of the aggression and dominance that characterises modern tennis.
In addition to his physical abilities, Borg was also known for his incredible composure under pressure, earning him the nickname “Ice Man” or “Ice-Borg”.
Bjorn Borg’s net worth is estimated at $80 million.
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Source: https://th-xuyenmoc.edu.vn
Category: Net worth