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Cameron van der Burgh opens up about money (totally sounds like a stock broker!)

Cameron van der Burgh

(Also read: How Ryk Neethling became a businessman and turned down R50 million along the way)

Olympic gold medals… yeah, whatever! But as a kid, you won the JSE Schools Markets Challenge when you were in Grade 11! Now that’s impressive!

Bruce Whitfield, The Money Show

In this country, we only have two [people who make a living from swimming], Chad le Clos and I… We can comfortably compare our income to a Springbok rugby player.

Cameron van der Burgh

[What would you do if money was no object?] I know it sounds cheesy… but I do a lot of work with my charity ‘Steps’… For only R2500 you fix a kid with clubfoot when they are born… it’s when the feet are inversed… probably something like that.

Cameron van der Burgh

Each week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays, Personal Edition” feature.

This week he interviewed Olympic gold medallist swimmer and world record holder Cameron van der Burgh.

Van der Burgh is the first-ever African world record holder to train at home.

He has two Olympic medals.

At the 2012 Summer Olympics, he broke the world record to win a gold medal in the 100-meter breaststroke.

In 2016 he won a silver medal in the 100m breaststroke.

In 2012 Van der Burgh’s manager – fellow Olympian swimming legend Ryk Neethling – revealed that Van der Burgh’s earnings from sponsorships alone could amount to R4 million per year.

  • What does Van der Burgh believe about money?

  • Does it keep him up at night?

  • Does he spend like crazy or save compulsively?

  • How did childhood experiences shape his views about money?

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

I have a big passion for investing… I started focussing more on commodities… global trade in commodities, for me, is easier to understand… It [investing] is not my primary income… commodities are very dangerous… but I’ve been fortunate…

Cameron van der Burgh

For my birthday, my parents use to give us R1000! We were quite fortunate. I asked my mother to give it to me in R10 notes so I could feel super rich.

Cameron van der Burgh

I never made any silly purchases… very geared to saving and investments… It’s a principle I’ve always had.

Cameron van der Burgh

My first income was… I was 18… I started working at Polo as a sales assistant… I worked for R20 an hour… I trained in the morning… I was no one at that time… When I made it I still went to the shop and saw all the guys…

Cameron van der Burgh

Buying my wife’s wedding ring [when asked about the best thing he’s done with money].

Cameron van der Burgh

My biggest extravagance… I do love to travel and I do love good food and good wine… You create memories and make good friends… I refuse to spend money on business class flights. They are so overpriced!

Cameron van der Burgh

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