So rich he can lift his delicate fingers in the air, click them like castanets and be handed anything he wants!
It will come as little surprise to regulars on this page that the proprietors have had no meaningful contact with the three-time world champion surfer Mick Fanning in a decade and a half.
(If you’ll recall, Chas Smith faithfully reported his encounter with Mick Fanning at a party in December 2009 to celebrate the Coolangatta surfer’s world title, the story Tales of a Fucking Jew, appearing in the January-February, 2010, issue.)
Therefore the immensity of his net worth, somewhere around thirteen million American dollars, and the revelation Fanning was so depressed he struggled to get out of bed following his premature retirement at the end of 2015 following his Great White encounter, a world title loss to Adriano de Souza, the death of his brother Peter and divorce from wife Karissa, comes as a terrific surprise.
At the Global Entrepreneurship Congress in Melbourne, Australia, Mick Fanning described the year as the worst of his life.
“By the end of that year, I felt like I had nothing left to give, but had no idea what I was going to do. My fun barrel was empty so I had to figure out ways to fill it back up,” Mick Fanning told the annual four-day gathering of investors, startup founders, investors and general sorts of biz people.
“I tried some things that were outside my comfort zone, and hoped I’d find myself again. That feeling of being uncomfortable helped me learn a lot about who I was and what I could pour into my fun tank.”
First, Fanning co-founded a craft brewery with some pals and called it Balter. Two years later, seven hundred venues were slinging it at their patrons and a year after that Carlton & United Breweries gave ’em US$128 million for the brand, Fanning pocketing a sweet two-and-a-half mill.
“It helped me think about my ‘afterlife’, when I’d no longer be competing. It wasn’t easy because surfing was everything, and the ocean had always been my healing place. But stepping back for those few months had let me think about the fact I was getting older, and realize that I wouldn’t lose my entire identity when I was no longer on the tour,” Mick Fanning told CEO magazine.
“It also made it easier to finally quit because I could see there were still fun things to do in the corporate world and lots for me to learn.”
And still the money kept rolling in. He is now so rich can lift his delicate fingers in the air, click them like castanets and be handed anything he wants!
Rip Curl signed Fanning to a ten-year deal, worth many millions, in 2019, Red Bull and Mercedes sling him cash and if you want to get Fanning to speak at your corporate event you ain’t getting change from a hundred gees.
Mick Fanning has parlayed his cash into a wildly diverse series of businesses, including “ethical” dog food brand Scratch, biotech company Sea Forest, a burger chain Fritzenberger, a Byron Bay yoga studio as well as myriad forays into the real estate game.
“My advice to an entrepreneur starting out is to find people you really trust and admire, and ask them a million questions. Then just go for it and believe in yourself. There’s always going to be someone saying you can’t do it, that it won’t work, but if you have belief you can make things happen,” says Fanning.