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Fortune
Fortune
Emma Burleigh

Multimillionaire athlete-turned-CEO says he never buys expensive clothes and only flies economy because he's in constant fear of running out of cash

Former pro-athlete and Castore cofounder/co-CEO Tom Beahon (Credit: Craig Foy—SNS Group/Getty Images)
  • With a $1 billion clothing company to his name and having retired from an early career in football and finance, Tom Beahon has arguably made it. Yet, despite his achievements, the millennial cofounder and co-chief of Castore is so scared of running out of money that he never buys expensive clothes or watches and only flies economy. Other successes like Mark Cuban and Keke Palmer, who similarly came from humble beginnings, echo his frugal habits and anxieties. 

The U.K.’s football fans might be used to the idea of their favorite athletes taking private jets, suiting up in designer clothes, and spraying champagne after big wins. But former footballer-turned-entrepreneur Tom Beahon still pinches his pennies—that is, despite also cofounding the £950 million pound ($1.29 billion) premium sportswear brand Castore. 

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