German Authorities Put Steffi Graf Under Investigation for Tax Evasion
Steffi Graf, the world’s top-ranked female tennis player, is suspected of tax evasion and is being investigated by German authorities, officials said Wednesday.
Her father and manager, Peter Graf, also is under investigation, Mannheim prosecutor Peter Wechsung said.
Ten prosecutors and tax investigators searched the posh, heavily protected Graf family compound in her hometown of Bruehl on May 23, Wechsung said. Investigators also searched other properties and several banks in Germany and seized large amounts of documents.
Graf reportedly is worth more than $72 million. She has homes in Florida and New York, two homes in Bruehl and a $1.4-million penthouse apartment in Heidelberg.
Graf has earned $16 million in her 13-year tennis career and millions more in endorsements. Although her 1995 season has been reduced by injuries, Graf already has won $1,388,855 this year.
The winner of 17 Grand Slam titles, Graf is unbeaten this year (32-0) and last week won her sixth Wimbledon singles title.
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