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Top 10 Worst Athletes to Ask for Financial Advice
5. Bjorn Borg
Posted On 05.17, 2013

7 of 11

‹‹ 6. Joe Louis 4. O.J. Simpson ››

It’s a Bjorn Borg memorabilia sale! Everything he held dear must go!

In 2006, Bjorn Borg planned to sell his five trophies from his five consecutive Wimbledon championships, along with two of the rackets he won with, including the one he beat McEnroe with in 1980 in what most people consider the greatest match ever. The sale sparked an outcry from fans and fellow tennis players, and Borg decided to keep the trophies. Unfortunately, having already given them to the auction house, he had to buy them back. That wasn’t the first bad business decision Borg had made.

Borg’s company, Bjorn Borg Design Group, filed for bankruptcy in 1989 and Bjorn was forced to sell his house to pay off his debt. One of Borg’s problems was living in Sweden where they have a high tax rate. The Swedish government went after him for $40,000 in back taxes that he quickly paid off, but Borg learned his lesson and moved to tax-free Monaco.

Top 10 Worst Athletes to Ask for Financial Advice




‹‹ 6. Joe Louis 4. O.J. Simpson ››

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