Tennis legend Boris Becker has opened up about his mental struggles and the fight for survival during his time in prison.
The 55-year-old three-time Wimbledon champion served eight months of a two-and-a-half-year sentence for charges related to his 2017 bankruptcy case before being released in December.
He was found guilty of concealing £2.5 million in assets and loans to evade debt repayment.
Becker acknowledged the dangerous nature of prison life, emphasising the importance of forming alliances with other inmates for protection.
Becker reflected on the judgment, trial, jurors, and his own mistakes, acknowledging that they are all in the past and cannot be changed.
“So, acceptance is very important. Also to learn to live inside the cell. It’s a very lonely place so you have to use all your strength and all your mental energy just to survive the day," said Becker.
“And then if you have a little bit left, just to be hopeful for the future”.
Becker sees mental health as the “biggest challenge” among the younger generation of players but believes his personal experiences can serve as a valuable lesson.
“I am a prime example of having strong mental health, and there are reasons for it," he said.
“In my upbringing, in my life choices, and the fact that I’m taking responsibility for my actions — the good and the bad.
“And also of being accountable, meaning if I mess up, I paid a heavy price for it. And I think that’s what some of the younger generation need to hear more of.”
Reflecting on his time in prison he said: “You only appreciate freedom once you’ve been incarcerated. It’s a different lifestyle, it’s a different world.
“And I think that’s what it taught me, really trying to live in the now, because we don’t know what’s around the corner next week. If anything, I think that’s what was the most important lesson.”
Becker drew parallels between his life and his tennis career, using his on-court comebacks as a metaphor for his current situation.
“The most important point is the last point, not the first, and my plan is to win my last point,” he said.
He recalled reflecting on the mistakes he made and learning to accept the consequences of his actions. Upon his release, Becker expressed gratitude for the support from the tennis world, which has helped him find his footing again.
A new documentary titled Boom! Boom! The World vs. Boris Becker is set to premiere on Apple TV on April 7.
The two-part film, directed by Oscar-winning director Alex Gibney and produced by Oscar-winning producer John Battsek, explores Becker's rise to fame, his personal challenges, and his path to redemption.
The documentary delves into Becker's time in prison, where he says he had to use all his strength and mental energy just to survive the day. It also features interviews with tennis stars including John McEnroe and Bjorn Borg
In recent years, mental health has become a crucial topic in tennis, with players such as Naomi Osaka taking career breaks to focus on their well-being.
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Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
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Transmission: 8-speed auto
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England ODI squad
Eoin Morgan (captain), Moeen Ali, Jonny Bairstow, Jake Ball, Sam Billings, Jos Buttler, Tom Curran, Alex Hales, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, David Willey, Chris Woakes, Mark Wood.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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The specs
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On sale: Q3 or Q4 2022