3 houses and 2 Ferraris, yet frugal: How being grounded helped NBA star Robert Horry

Illustrious basketballer Robert Horry has more NBA titles than Michael Jordan.

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Illustrious basketballer Robert Horry has more NBA titles than Michael Jordan. But if Jordan was His Airness, Horry, in lifestyle terms, was His Groundedness. Being frugal helped the winner of seven NBA championships maintain his bank balance in a culture notorious for reckless spending. According to a survey by an American sports magazine in 2009, almost 60 per cent of basketballers went broke within five years of retiring, despite an average salary of $5 million a year.

“I did not have a dog with a diamond collar,” Horry, 48, says during his visit to Mumbai recently. “I was never flashy. I would see guys [basketball peers] with the shades on, the suits on, $1,000 bags. I had a teammate whose motto was, ‘If I make a million dollars, I must spend a million dollars’.

I was like, ‘If I make a million dollars I’m hoping I can keep a million dollars’.” Nicknamed ‘Big Shot Bob’ for his ability to score at key moments, the 6'9" Horry now does commentary and runs sports and rehab centres in Houston. But he admits some of his financial moves failed.


Hardik Pandya, Rani Rampal, Peyush Bansal: Sports And Business Leaders Reveal Their Tools Of Success
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By ET Bureau

Come Dussehra, leading business and sports names reveal their tools of success and the instruments that play a role in their professional lives.

In pic: From left (Hardik Pandya, Rani Rampal, Peyush Bansal)

By ET BureauCome Dussehra, leading business and sports names reveal their tools of success and the instruments that play a role in their professional lives.In pic: From left (Hardik Pandya, Rani Ramp..
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Indian cricketer “Since I am an all-rounder, for me, the bails would be something I would worship related to work. Cricket is everything for me. I can’t imagine life without it. When I bat or bowl, they [the bails] play a very important role.”

Image: Hardik Pandya/Instagram

Indian cricketer “Since I am an all-rounder, for me, the bails would be something I would worship related to work. Cricket is everything for me. I can’t imagine life without it. When I bat or bowl, t..
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Suresh Narayanan, chairman, Nestlé India “I worship, trust and have witnessed the power of people. [During my career] I have tried to empower, enable and nurture my team to ensure that our relationships stay strong, durable, credible and sustainable. I have abiding faith in the strength and support of employees, partners, distributors, suuppliers and consumers. My life’s learning has been that if you take care of people, they take care of you.”

Suresh Narayanan, chairman, Nestlé India “I worship, trust and have witnessed the power of people. [During my career] I have tried to empower, enable and nurture my team to ensure that our relationsh..
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Abhyuday Jindal, MD, Jindal Stainless Ltd “If work is worship, worship is integrity. The integrity of intent and action. The integrity of human relationships, of al lowing them to change the world, starting with ourselves, for a better version. The integrity of practising what we preach. The integrity of courage, taking risks and owning the rewards and retributions that come with it.”

Abhyuday Jindal, MD, Jindal Stainless Ltd “If work is worship, worship is integrity. The integrity of intent and action. The integrity of human relationships, of al lowing them to change the world, s..
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Peyush Bansal, founder, Lenskart.com “For me, an integral part of my work day is my hot cup of coffee. That is what keeps me going through the day. Moreover, some of the world’s most effective thoughts happen over morning coffee.”

Peyush Bansal, founder, Lenskart.com “For me, an integral part of my work day is my hot cup of coffee. That is what keeps me going through the day. Moreover, some of the world’s most effective though..
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Nikhil Mohan, founder, Blackberrys Menswear says, “If work is worship, I would revere asking questions. The single-minded pursuit of why behind whys. Sooner or later, it provides an answer for all maladies.”

Nikhil Mohan, founder, Blackberrys Menswear says, “If work is worship, I would revere asking questions. The single-minded pursuit of why behind whys. Sooner or later, it provides an answer for all ma..
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Satyen Momaya, CEO, Celio Future Fashion Pvt Ltd India says “An integral part of my office life would be focusing on building my health and well-being to be able to deal with daily work challenges and chase ambitious goals. Along with my daily prayer, I practice the technique for inner peace and well-being. Transcendental meditation acts like a turbo charger to the mind.”

Satyen Momaya, CEO, Celio Future Fashion Pvt Ltd India says “An integral part of my office life would be focusing on building my health and well-being to be able to deal with daily work challenges an..
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Gunjan Soni, head, Jabong and CMO, Myntra, says “[When it comes to work] I can’t live without my iPhone-iWatch combo. It’s my lifeline to getting everything done. At home the virtual assistants are the new favourite — from weather forecast to favourite songs to switching of flights — dependence [on technology] is increasing to newer heights.”

Gunjan Soni, head, Jabong and CMO, Myntra, says “[When it comes to work] I can’t live without my iPhone-iWatch combo. It’s my lifeline to getting everything done. At home the virtual assistants are t..
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Rani Rampal, India hockey team captain, says “I play hockey and my hockey stick would be the thing related to work that I would worship. It is very integral to my game and I have lost count of the number of goals and winning passes it has helped me make during my career. I do have a number of hockey sticks and they all have had a role to play in my success over the years.”

Rani Rampal, India hockey team captain, says “I play hockey and my hockey stick would be the thing related to work that I would worship. It is very integral to my game and I have lost count of the nu..
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Priyanka Gill, founder of POPxo, says “I may not have a worship ritual, but my iPhone is central to my work life. Since I am always on the go, I catch up on everything through my phone — be it emails, taking updates from my team, or little in-between-work breaks and scrolling through my Instagram feed. It makes my work day easier and it’s usually the first thing I check before and after bed.”

Priyanka Gill, founder of POPxo, says “I may not have a worship ritual, but my iPhone is central to my work life. Since I am always on the go, I catch up on everything through my phone — be it emails..
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In 2011, he was sued by a business partner, Tomur Barnes, for defrauding him of his investment in Horry’s enterprise. According to a report, Horry said then that their contract was not enforceable.

“Sometimes, as an athlete, you think everything you touch can turn into gold. [But] Some things don’t turn into gold,” Horry says. “I had a couple of investments that didn’t go my way. That’s why I laugh at guys who say, ‘Oh, I’m going to open a clothing line, I’m going to start a restaurant’.

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You think with brands like Chanel or whatever around they are going to go to your store? It [the business idea] has to be realistic.” There were times Horry loosened his purse strings and enjoyed his success. “I bought my mum a big house, my dad a big house and myself a big house,” he says. “I owned two Ferraris when I was playing [he retired in 2008 and now drives a Toyota Tundra pickup truck]. I also liked watches but have sold many of them. That’s where my frugal part kicks in.”

Teen Spirit: Kylian Mbappe And Other Sports Stars Who've Won Our Hearts
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By Viandra D'souza

It’s been two weeks since France became world champions, but conversation around their young phenomenon – 18-year-old Kylian Mbappe (in pic) – refuses to die down. Turning the lens on other teenage sports wonders.

(Image: AP)
By Viandra D'souza It’s been two weeks since France became world champions, but conversation around their young phenomenon – 18-year-old Kylian Mbappe (in pic) – refuses to die down. Turning the len..
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Age: 19

This Indian sprinter created history early this month at the IAAF World Under-20 Athletics Championships in Tampere, bagging the gold medal in the 400m final. The 19-year-old Assamese girl became the first Indian to win a track event at an elite world competition. She crossed the finish line in 51.46 seconds and is now tipped to better Manjit Kaur’s 14-year-old National record of 51.05 seconds.
Age: 19 This Indian sprinter created history early this month at the IAAF World Under-20 Athletics Championships in Tampere, bagging the gold medal in the 400m final. The 19-year-old Assamese girl b..
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Age: 15

The young Indian shooter became the country’s youngest ever gold medal winner at the Commonwealth Games in Australia in April. The Haryana boy shot down the CWG record in the final with a score of 30 including four series of 5 each. By winning the gold, Anish bettered team-mate Manu Bhaker, who had become the youngest Indian Commonwealth Games gold medallist when she emerged champion in the 10m air rifle finals in the same tournament.
Age: 15 The young Indian shooter became the country’s youngest ever gold medal winner at the Commonwealth Games in Australia in April. The Haryana boy shot down the CWG record in the final with a sc..
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Age: 17

Swan shocked World No 36 Irina-Camelia Begu to become the first home player into the second round at Wimbledon this year. She may have crashed out 6-0, 6-3 to 29 seed Mihaela Buzarnescu in the second round, but her name is now on the radar of tennis fans around the globe. Swan, ranked 204th in the world, raised home spirits with a 6-2 6-2 win over Begu. The glamorous 19-year-old signed Andy Murray’s sports management agency, 77 in January this year. Swan’s career prize money to date totals £99,306 and given her form, is set to grow.

(Image: AP)
Age: 17 Swan shocked World No 36 Irina-Camelia Begu to become the first home player into the second round at Wimbledon this year. She may have crashed out 6-0, 6-3 to 29 seed Mihaela Buzarnescu in ..
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Age: 17

Pyeongchang might have been Kim’s first chance at Winter Olympics, but the teenager’s performance was far from that of a debutante. Qualifying for the 2014 Sochi Games at the age of 13 solidified her as one of America’s best snowboarders, but she was more than two years short of the Olympics’ minimum age requirement. At 15, she became only the second half-pipe rider ever to earn a perfect score of

100. Now 17, she’s an Olympic gold medallist after a brilliant performance in South Korea, and the new face of winter sports in the States.

(Image: AP)
Age: 17 Pyeongchang might have been Kim’s first chance at Winter Olympics, but the teenager’s performance was far from that of a debutante. Qualifying for the 2014 Sochi Games at the age of 13 solid..
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Age: 18

The Brazilian forward was officially unveiled by Real Madrid last week after completing his blockbuster transfer from Rio’s Flamengo. Madrid signed the player two years ago for 45 million euros. Vinicius was accompanied on his trip to Madrid by compatriot and former Real player Ronaldo, who led Brazil to the World Cup title in 2002. Voted the best player when Brazil won the Under-17 South American Championship last year, Vinicius originally agreed to join Madrid after playing only 17 minutes of senior football.

(Image: AP)
Age: 18 The Brazilian forward was officially unveiled by Real Madrid last week after completing his blockbuster transfer from Rio’s Flamengo. Madrid signed the player two years ago for 45 million e..
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