How Bjorn Farrugia swapped the tennis racket for acing the LA real estate market
When a career on the international tennis circuit stalled, this one-time Melbourne local took on one of the toughest real estate markets in the world, and won.
When a career on the international tennis circuit stalled, this one-time Melbourne local took on one of the toughest real estate markets in the world, and won.
Bjorn Farrugia admits he had nothing but drive when he left Australian shores in the early 2000s to pursue his dream to be the next Roger Federer. Named for Swedish tennis star Bjorn Borg, at the age of 21, Farrugia had never been on a plane before making his way to the US state of Georgia on a scholarship. When his tennis career stalled, he pivoted, seeking his fortune in New York and eventually finding his place in the luxury real estate market of Los Angeles. How he managed to climb one of the most competitive markets in the world is a story of determination and hard work for the Melbourne boy made good.
He spoke with Kanebridge News not long after the passing in March of his friend and business associate, Melbourne property developer Jonathan Hallinan. Here he reflects on what it takes to be successful in business without compromising your integrity, and the joy of being able to buy your mum a house.
How long since you’ve been in Australia?
Despite having lived in the US for two decades, I make an effort to return to Australia at least once a year. During my most recent trip in December 2022, I had the chance to visit one of my closest friends who was battling an illness. Although he has since passed away, I cherish the memories of the time we spent together. In addition to spending time with my friend, I also took the opportunity to explore Melbourne once again. It truly is one of the greatest cities in the world.
So you’re used to American coffee? That must be tough for a Melbourne boy.
Although I love coffee, I happen to be one of those people who are “naturally caffeinated.” As a result, I’ve learned to enjoy green or chamomile tea instead. I do compensate for this by maintaining an incredibly extensive collection of my favourite Australian chocolates in my home. A section of my kitchen has practically transformed into an Australian lolly shop.
How did you come to terms with not being a top tennis player?
At first, it was really difficult for me to accept that I wasn’t going to make it as a professional tennis player. I had invested a lot of time and effort into the sport, and I was disappointed that I wasn’t able to achieve the level of success that I had hoped for.
For a while, I was really down about it. I didn’t want to play tennis anymore, even though it was something that I loved to do. In time, I realised I could channel my competitive energy into something else that I was passionate about: my career in real estate.
I threw myself into my work, I found that I was still able to satisfy that same desire to compete, even though it wasn’t on the court. Over time, I started playing tennis again, just for fun. It wasn’t about being the best anymore – it was just about enjoying the game and spending time with friends. Tennis has been one of the greatest joys and has taught me so many life lessons that I am forever grateful for.
You’ve said that Roger Federer is your favourite player. What was it about his game that appealed to you?
I have always been drawn to Roger Federer’s game. There is something about the way he moves on the court that is simply mesmerising. His style of play is elegant and graceful, and his precision is unmatched. Watching him play is like watching a work of art in motion.
What really sets him apart, in my opinion, is his demeanour on and off the court. He is the epitome of sportsmanship and grace under pressure. He never loses his cool, even in the most intense moments of a match. And he always shows respect and kindness to his opponents, win or lose.
As someone who strives to be a good sport and a kind person, Roger has always been an inspiration to me. I admire his dedication to his craft, his humility, and his unwavering commitment to being the best he can be. He truly embodies what it means to be a champion, both on and off the court and that is something that I have learned to carry on in my life and in my career.
How did you get from being a promising tennis star who had to reassess life to a real estate king?
My journey from tennis to real estate wasn’t an easy one. When I was younger, I was on the trajectory to becoming a promising tennis star with dreams of becoming a professional player. Unfortunately, those dreams didn’t pan out. It was a difficult time in my life, and I had to reassess my goals and figure out what I wanted to do next.
In time, I discovered my passion for real estate. I found that I loved the challenge of negotiating deals, building relationships with clients, and finding creative solutions to problems. I started out small, but with hard work and dedication, I eventually built my real estate career and while I am definitely not a real estate king yet, I feel I am getting closer and closer to my ultimate goal every day.
Of course, there were challenges along the way. Real Estate is a tough industry, and it takes a lot of grit and determination to succeed. I never gave up, even when things got tough. I kept pushing forward, always looking for new opportunities and ways to grow my business.
Now I feel proud of what I’ve accomplished. I may not have become a tennis star, but I found my true calling in real estate. And I know that with my drive and determination, I can continue to achieve great things in the years to come.
What are those attributes?
In my opinion, to excel in working with people, I think it’s essential to possess the skill of connecting with them, managing diverse personalities, and upholding integrity and amiability. Many people have complimented me on these skills, and I find it easy to strike up a conversation and establish a connection with someone, which is a common trait among Aussies.
In any business venture, there are a few key things that you must excel at to be successful. Firstly, you need an unquenchable thirst for success and be relentless in your pursuit. Secondly, you must believe that you deserve to succeed and not let “no” deter you from reaching your goals. To achieve this, you must live, breathe, eat, and dream about your objectives. You need to be passionate and committed, and you must work hard every day to make your dreams a reality.
Sometimes, you may face rejection, but it’s crucial to remain undaunted and pick yourself up, even when someone tells you “no”. With a combination of hard work, perseverance, and a refusal to give up, you can achieve great success in any field you choose.

Has it been particularly difficult breaking through in LA?
After school, I decided to pursue a professional tennis career, but eventually transitioned to finance when I moved to New York City. Although it wasn’t a financially lucrative experience, it helped shape who I am today. I took a big leap of faith when I left my family in Australia and moved to the other side of the world, where I knew nobody and had never even been on a plane before. At the time, I was inexperienced and naive, but determined to succeed.
Living in New York City taught me that when you come from nothing and have nothing, you have to be proactive and work tirelessly to achieve your goals. Moving to Los Angeles presented a new set of challenges, but I knew that I had to work just as hard to succeed.
Throughout my journey, I have always maintained a big vision for my future. I am a very competitive person, but I only compete with myself. I don’t get caught up in what others are doing. My mentality is simple: always try your best and give it your all.
I have been fortunate enough to have an incredible support system around me. My fiancé has played a huge role in helping me build my business from the ground up. I also have a dedicated team and loyal clients, and a group of great friends who have always had my back – many of whom are from Australia.
One of your ambitions was to buy a house for your mum. How was that moment?
Since I was just a little boy, I always dreamed of buying my mum a house. I was able to make one of my dreams come true— I even went a step further and purchased the neighbouring home to give her two homes next to each other. The act of buying the home for my mum was amazing, but giving it to her was even more rewarding for me. Reflecting on where I came from, it was truly special to fly back home to help my mum move in. I didn’t even see the house before I bought it, but I knew it was in the perfect neighbourhood as it’s where I grew up. Handing over the keys to my mum and watching her move in was such a profound moment. It felt like I was the one receiving a gift instead of her. Coming from the background that I did, I am extremely proud and grateful for being able to make this happen for her and my family.
You’re in one of the most competitive real estate markets in the world. What still gets you out of bed in the morning?
For me, it’s about legacy and family. I wake up every morning driven by the desire to succeed and be the best version of myself. When I first started in this competitive real estate market, my goal was to accumulate vast wealth. I have a burning desire to win and always strive to come out on top. Losing is not an option for me, and I always have high expectations for myself. Sometimes those expectations may seem absurdly unrealistic, but that’s what sets me apart from the rest. I refuse to settle for mediocrity or conform to the norm. However, my best mate, Jonathan Hallinan, taught me that there’s more to life than just money. My ultimate goal is to live a fulfilling and happy life. Don’t get me wrong, I’m still incredibly hungry for success but spending time with my family and enjoying the special moments is way more important to me.
Are you looking at returning to Melbourne anytime soon?
I recently lost my best mate in Melbourne, so it may be a while before I return there. However, I have always imagined owning a holiday house somewhere like Sorrento or Rosebud. While I am starting to establish myself in America, I still hold a deep affection for Australia because it has shaped me into the person I am today.
What would you say to someone who is looking to enter real estate now, who has that kind of drive to succeed?
As someone who has experienced success in real estate, my advice to someone who is looking to enter the industry now and has the drive to succeed is to first work on a team. It’s important to work with people who are doing deals and producing results, so you can see firsthand what a successful agency looks like and get exposed to deal flows.
Next, find someone you trust and want to emulate, someone who has a good moral compass, and work with them. Read a lot of books on how to start in real estate. There’s one book in particular I highly recommend called The Millionaire Real Estate Agent by Gary Keller, Dave Jenks, and Jay Papasan. Gary Keller is the founder of Keller Williams Realty, and the principles he outlines in that book can be applied to any business.
When I first started in real estate, I called every major real estate agent and asked them to have coffee with me. I told them I wanted to learn from them and asked them how they became successful. I called one guy 17 times, but eventually, I met all of them except for three. By taking one thing from each person and incorporating it into my own approach, I was able to develop an incredible set of tools to help me succeed.
It’s important to remember that success in real estate takes time and effort, but if you stay focused, work hard, and learn from those who have come before you, there’s no limit to what you can achieve. Even though people might tell me I’m at the top, I believe I’m just getting warmed up and have so much more to learn and accomplish in this industry.
What’s important to you now?
Right now, the most important thing to me is my family and spending time with my fiancé and my three-year-old son. While money is certainly important, I value the freedom it can provide more than the material possessions it can buy.
Recently, I was up working at 6am and learned that Roger Federer was retiring; four days later, I was in London to witness his last match (in September 2022). I just had to be there to see this special moment. I was lucky that my hard work gave me the freedom and opportunity to see Roger play in his last tournament. At the same time, I recognise that having the freedom to take my son to the park on a Tuesday afternoon is just as important. I enjoy being able to balance my career aspirations and my family – and of course have the time to work on my tennis swing.

What’s your message for people who want to achieve what you have?
My message to those who aspire to achieve what I have is to never give up on your dreams, no matter how difficult the journey may seem. It takes a lot of hard work, dedication, and perseverance to make your dreams a reality. Don’t be afraid to take risks and step out of your comfort zone. Surround yourself with supportive people who believe in you and your goals. And most importantly, always remember why you started and let that drive you forward. With enough passion, determination, and a willingness to learn and grow, you can achieve anything you set your mind to.
From making unpopular decisions to learning when to listen, leaders from five businesses reveal what nobody prepared them for — and how running a company has challenged their expectations.
Technology and semiconductor shares fell sharply as investors questioned the debt financing the AI infrastructure boom and confronted higher rates and Chinese competition.
Elon Musk is exploring a potential merger between Tesla and SpaceX, a deal that could reshape the future of AI, robotics, autonomous vehicles and space technology. With a combined valuation potentially reaching $3.5 trillion, the move could bring Musk’s vision of an interconnected technology ecosystem closer to reality, although a deal remains uncertain.
Elon Musk has engineered ties between Tesla TSLA 3.41%increase; up pointing triangle and SpaceX SPCX 7.79%increase; up pointing triangle that are hard to break, and now he wants to fuse them together permanently.
Musk has run both Tesla and SpaceX concurrently over the past two decades, using a schedule that dictated which days he spent focused on each business.
The companies have often shared resources and personnel, signaling their close ties. Last year, SpaceX looked into creating a spacesuit for Tesla’s humanoid robot Optimus, a person familiar with the matter said. Tesla last week showed off its new Roadster, a vehicle featuring SpaceX rocket thrusters that it hopes to soon bring to market.
And in recent months, Musk has repositioned both companies by expanding beyond their core operations toward a shared mission centered on artificial intelligence.
The world’s richest man on Tuesday signaled his interest in tying up SpaceX and Tesla, marking what would be the biggest corporate merger of all time. Because he serves as chief executive of SpaceX and Tesla, Musk said committees of independent directors at both companies are evaluating a possible deal, adding that a transaction might not come to fruition.
The committees will likely evaluate, with lawyers and bankers, how each company would fare in a potential deal and how a deal might best be structured. They then present their conclusions to their respective boards, who typically vote on whether to proceed.
“It’s an odd Kabuki dance where two groups of people are talking and I can’t be in the conversation,” Musk told SpaceX investors on Tuesday in response to an analyst’s question about a potential deal.
For Musk, the merger supports his vision of a world full of autonomous cars, humanoid robots and weekly rocket launches, as well as the data centers and satellites required to keep the whole thing running.
Some investors and analysts said they expect a transaction would be structured as an all-stock deal, with SpaceX potentially paying a modest premium for Tesla shares.
SpaceX, which has a market value of about $2 trillion, said it is seeing sharp growth in revenue across its businesses, which include operating data centers, launching rockets and operating satellite networks such as the internet service Starlink. Tesla is valued at about $1.5 trillion and is expanding its operations beyond its automotive and energy business. Shares in both companies traded higher following the news Tuesday.
Musk’s substantial ownership stakes in both companies, along with voting control at SpaceX, has enabled him to set the deal in motion. Analysts and investors said the deal will probably face regulatory scrutiny internationally, though some see Musk’s close relationship with the Trump administration as an asset to getting approval.
The companies haven’t said which directors are on the special committees evaluating a potential deal. Several SpaceX and Tesla board members have either personal or business ties to Musk. And like Musk, venture capitalist Ira Ehrenpreis sits on both boards.
In a filing this week, Tesla outlined millions of dollars in business agreements with SpaceX and its subsidiaries last year, including $143 million in car sales to SpaceX, $3.3 million in advertising that it bought on the social-media platform X and $430 million in revenue from the sale of Megapack batteries for SpaceX’s data centers.
The companies also split the cost of resources including the use of Musk’s SpaceX jet and the bill for his personal security, which he runs through a private company.
Employees at both companies routinely move between companies to work on special projects, and some executives have dual roles, including Charles Kuehmann, vice president of materials engineering at both SpaceX and Tesla, and Ashok Elluswamy, the vice president of AI software at Tesla who runs a joint venture with SpaceX called Digital Optimus.
Over the years, Musk has launched new startups within his empire, including brain-implant company Neuralink, underground-tunnel developer the Boring Company and xAI, the AI startup that merged with SpaceX in February.
It is that AI business that Musk thinks can serve a market worth tens of trillions of dollars, justifying the need for a merger.
The business case goes like this: Tesla is developing robotaxis and robots, which it calls “physical AI.” SpaceX is working on the back end of physical AI: the data-center capacity and internet connection required for those robotaxis and robots to operate continuously.
“I don’t see what the value of Tesla is if it’s not merged with SpaceX,” said investment adviser Ross Gerber, a former Tesla bull turned critic invested in both companies. “If they don’t merge, the brains of everything that runs Tesla is owned by another company.”
On top of it all, both companies face constraints on the supply chains they need to make this world a reality, particularly when it comes to chips. To address this, Musk earlier this year announced a joint venture between Tesla, SpaceX and Intel to design and manufacture chips in Texas. “The most epic chip-building exercise by far,” he has said.
For Musk, a merger would also solve two problems: demands on his attention and his lack of control at Tesla.
Tesla for years was Musk’s only public company, a status that came with greater scrutiny. There, Musk reports to a public board, as well as individual investors who make up around 30% of Tesla’s voting power, according to FactSet.
The question of Musk’s attention became a particular focus for investors and the board in recent years after he acquired Twitter in 2022 and launched xAI in 2023, and again in 2025 as he spent time in Washington, D.C., running the Department of Government Efficiency in the early months of President Trump’s second term.
As Tesla’s car business suffered in 2025, Musk threatened to take his AI ambitions outside the company if he wasn’t granted 25% voting control. Last November, Tesla shareholders approved a new pay package for Musk, which created a path for him to vastly expand his stake.
As of Sept. 30, Musk owned a roughly 20% stake in Tesla, according to the company’s proxy filing.
The SpaceX IPO gave Musk a different path. When SpaceX went public in June, the deal’s structure enabled him to have more than 80% voting power at the company—so much that he can’t be fired and decisions can’t be made without his support.
If SpaceX acquires Tesla, he will likely stay in control.
As interest rates, inflation and market sentiment fluctuate, investors are being urged to focus on data, not panic.
All three vehicles will form part of a broader charitable initiative benefiting Big Brothers Big Sisters of America, the American Red Cross and Starlight Children’s Foundation