Tiger Woods is now officially a billionaire, as released in a new Forbes’ estimate of the golf icon’s net worth. This has made him join Los Angeles Lakers superstar LeBron James and NBA legend Michael Jordan as the only known billionaire athletes in the world.
Forbes released a new fact check on Friday that Woods’ net worth is believed to be at least $1 billion in 2022. He has won $121 million in prize money – more than any other pro golfer in the entire history, and during the prime of his career, he held the top spot in Forbes’ highest-paid athletes for 10 consecutive years until 2012.
Woods attained the financial milestone without taking a lucrative to compete in Saudi-backed LIV Golf tour, which reportedly would have been in the “high nine digits.”
Surprisingly, less than 10% of Woods’ career earnings comes from his golf winnings. Most of his wealth originates from endorsements with brands such as Nike, Gatorade, Rolex and Monster Energy, according to Forbes.
Woods is a talented businessman who has various streams of income. He owns a golf course design business and a live production company and he’s an investor in Nexus Luxury Collection, which is an international hospitality real estate development and asset management company.
Moreso, woods has stakes in a luxury mini-golf experience with multiple locations in Florida as well a hospital software startup, Forbes had reported.
Awards and Victories
Woods has won 15 major championships in his professional career, sitting behind Jack Nicklaus’ record of 18. Woods also has accumulated 81 career PGA Tour victories – the second most in the history of golfing.
How Much Is Tiger Woods worth now?
Inside Tiger Woods’ $1.7 Billion Career. The improbable return of golf’s greatest to Augusta is just the latest triumph in a 26-year professional journey that made him the world’s highest-earning athlete for a decade and more running.
How much is Tiger Woods endorsements worth?
According to Celebrity Net Worth, they reported that around 92.4% of Tiger’s career earnings came from the endorsements mentioned earlier. A whopping $1.6 billion.
Who is the wealthiest golfer of all time?
It may come as no surprise to some that Tiger Woods is the wealthiest golfer of all time. He has exceeded $1 Billion since the beginning of his career in golf.
How much does Nike pay Tiger Woods per year?
Tiger Woods-Nike contract details: After the second deal, Nike and Woods agreed to an eight-year deal that was worth between $20 and $40 million per year, Forbes reported.
What does Tiger Woods pay Rolex?
Rolex signed Woods on a five-year contract which was valued at US$7 million, to be paid in endorsement fees and royalties. The partnership was focused towards younger consumers.
Does Tiger Woods have a private jet?
Tiger owns the most expensive private jet out of all the golfers on this list. His $53 million Gulfstream 550 is definitely something to admire. It allows him to fly up to 19 passengers up to nearly 8000 miles away.
Does Tiger Woods own an island?
An aerial view of Tiger Woods’ private island in Lake Mälaren, Sweden. The island oasis features practice golf holes, a hunting lodge, a secluded villa, stables, landing strip, private quay and acres of untouched forest and lawns