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| Birth Name(s) : Ion Tiriac |
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Full Ion Tiriac Biography
Ion Ţiriac (born 9 May 1939 in Braşov) is a Romanian former tennis player and businessman. He is now one of the wealthiest men in Romania according to the 2005 issue of Capital Top 300 wealthiest men in Romania where he occupies the top spot.
In 1983, he became a tennis manager; above all, he managed Boris Becker from 1984 to 1993. In 1998 he became president of the Romanian National Olympic Committee.
Ţiriac has held the license for the "BCR Open Romania" tennis tournament since 1996. The 10th annual tournament (September 2005) offered €302,000 in prizes. Florent Serra won the Trophy, and a check worth €44,100.
Following the collapse of communism in Romania, he started numerous businesses and investments back home. In 1990, he founded Banca Ţiriac, the first private bank in post-Communist Romania. Between that and several other enterprises (retail, insurance, auto leasing, auto dealerships, airlines, etc.), his fortune was estimated at over $900 million as of 2005.
Ion Ţiriac became the first Romanian to enter Forbes' List of billionaires in the 2007 Forbes rankings, placing number 840 in the world. His wealth was estimated at $1.1 billion as of 2007, according to the magazine. |
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