‘A Lot of People Were Hit Hard’ – When Chris Evert Detailed How Father’s Financial Advice Guided Her To Protect $16 Million Wealth

Chris Evert was once ranked as the best tennis player in the world. She is now a retired professional. She had a strong and spectacular career that included 18 major titles at that time. After quitting the sport, she pursued a new interest in the business. She is a remarkable talent who seems to be successful in anything she puts her mind to.

Professional athletes like Evert, who retired at the age of 34, often encounter difficulties in maintaining and increasing their wealth after their playing careers have reached their peak earnings. Fortunately, she had a financial ace in the hole in the form of her father, an economic major at Notre Dame, who was always on top of things.

Chris Evert’s father being her financial aid
Chris told in an interview that managing her financial resources was something that her father assisted her with. She said, praising her father, “My dad really took care of my money, In the 70s, when a lot of athletes were losing money on things like oil, there was no way he was going to let me lose money.“

Being raised during the economic depression, Evert’s father, who is now 90, held that position up until a few years ago. He has always maintained a conservative financial stance. Since so many people were losing money on their assets during the financial crisis of 2008, hers remained fairly stable, which was a tremendous help.

Further, she added, “I did OK when a lot of people were hit hard, I’m conservative, but I also want to be diversified.” He assisted her in managing her finances and making wise stock market investments. He was prudent in his advice, and he also recommended her to invest a large portion of her money in fixed income and stocks.