Famous investors: Ion Țiriac

Dinu Silviu, group 8215Faculty of Management, Economic Engineering in Agriculture and Rural DevelopmentUniversity of Agronomic Sciences and Veterinary Medicine – Bucharest

1. About Ion Țiriac

2. Sports career

3. Business career

4. Țiriac Collection

About Ion Țiriac Ion Țiriac , also known as the 'Brasov Bulldozer' is a Romanian businessman and

former professional tennis and ice hockey player. He was born in Transylvania, which is probably the reason why he has the nickname 'Count Dracula'. He is also the current owner of the Mutua Madrileña Madrid Open. In 2013 Tiriac was elected into the International Tennis Hall of Fame.

Sports career• Țiriac first appeared on the international sports scene as an ice hockey player on the

Romanian national team at the 1964 Winter Olympics. Shortly after that he switched to tennis as his main sport. With fellow Romanian Ilie Năstase he won the men's doubles in the 1970 French Open and reached the Davis Cupfinals several times in the 1970s.

• After his retirement, he served as coach and manager for players such as Ilie Năstase, Guillermo Vilas, Mary Joe Fernández, Goran Ivanišević and Marat Safin.

• He managed Boris Becker from 1984 to 1993. In 1998 he became president of the Romanian National Olympic Committee.

Business career• After his retirement as a professional tennis player, Țiriac became a businessman in

Germany. In 1987, he appeared in a TV commercial for Miller Lite beer with Bob Uecker, who extols Țiriac's supposed humorous qualities, laughing hysterically while Țiriac sits stone-faced.

• Following the collapse of communism in Romania, he started numerous businesses and investments back home. In 1990, he founded Banca Țiriac, 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 US$900 million in 2005.

• Ion Țiriac 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 $1.0 billion as of 2010, according to the magazine. In 2010 TOP 300 Capital declared Ion Țiriac the richest man in Romania with a wealth estimated at €1.5–€1.6 billion ($2–$2.2 billion).

• Companies: Țiriac Holdings, ȚiriacAIR, Allianz-Ţiriac Asigurări România, ȚiriacAuto, Țiriac Leasing.

Țiriac Collection

• A new concept in Romania, Tiriac Collection represents the exhibition of cars and motorcycles of Mr. Ion Tiriac. Reopened to the public in May 2015, the collection includes over 150 historical vehicles manufactured since 1899, but also performant cars, with a current design. Visitors will find the only collection in the world with the 6 Rolls Royce Phantom produced until 1972, as well as exhibits that previously belonged to great names such as Sir Elton John, Sammy Davis Jr. or Bernie Ecclestone.

Bibliography

• https://en.wikipedia.org/wiki/Ion_%C8%9Airiac