Sports & Fitness

A tennis player whose net worth is four times that of Federer and Djokovic

Ion Tiriac who only won some RM1.2 million during his career has seen his astute investments pay off big time

Updated 5 years ago · Published on 25 Sep 2021 5:30PM

A tennis player whose net worth is four times that of Federer and Djokovic
Ion Tiriac is worth some £1.5 billion. - AFP pic, September 25, 2021

IT is amazing but true.

A tennis player who plied his trade back in the 1960s and 1970s and won just £200,000 (RM1.2 million) during that time, is today worth four times the net worth of two of the most successful players of today, Roger Federer and Novak Djokovic, combined.

Ion Tiriac, who won the doubles title at the 1970 Roland Garros with Ilie Nastase, is today worth in the region of £1.5 billion.

The Romanian, who has been extremely successful with his investments, had upon retirement forayed into coaching.

Then during the Cold War he set up a privately-owned bank, Tiriac Bank, in Romania and that has proven to be the most lucrative of his investments.

Tiriac also branched into retail, insurance and airline businesses under the company, Tiriac Holdings.

The 82-year-old also owns a private jet and is a qualified pilot.

He also owns a luxury apartment complex in Budapest and owns more than 500 cars among which are classic models to the latest supercars.

Talk is also rife that he is the only one in the world to own two Rolls-Royce Phantom IVs. - Agencies, September 25, 2021

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