Tennis Legend, Boris Becker ‘lost his £100m fortune investing in Nigerian oil’
Reports from Germany claim tennis legend Boris Becker invested in a Nigerian oil from whose stock eventually plummeted hence causing him to lose his £100million (N41.1bn) fortune.
Der Spiegel reports that soccer whistle blowing platform Football Leaks said Becker invested in the firm in a deal in 2013, which was brokered by a Canadian firm and a Nigerian employee of Becker.
Documents show that in July 2013 Becker held shares in the Nigerian first but in June 2017 the investments tanked and last month he was declared bankrupt.
The German was declared bankrupt over undisclosed sums owed to London-based private bankers Arbuthnot Latham & Co since 2015.
The 49-years-old was once estimated to be worth over £100million.
