Rory McIlroy is a Northern Irish professional golfer. He plays both in the European and PGA Tours. Rory began playing golf before he could even say the word “golf” and thankfully he has amassed a fortune from his skills. With a personal net worth of about $100 million, most of which stem from off-course endeavors, Rory is one of the sport’s youngest richest. His Rory McIlroy Management Services Ltd which manages his affairs has an estimated book value (lifetime estimate value) of over $450 million. Here is his story.
Rory McIlroy Net Worth: How He Began
Rory McIlroy was born on 4 May 1989 in Holywood, County Down, Northern Ireland. Rory has his father Gerry McIlroy to thank for the millions he enjoys today. Senior McIlroy, a spectacular golfer in his own right exposed his son to the game he loved at a very tender age— 18 months, he was barely 2 years old. As Rory grew, he fell head over heels in love with the sport. Reports reveal that as a kid, he would sleep with his club, while holding it in the correct grip his father had shown him during practice.
At 7 years old, Rory became the youngest member at Holywood Golf Club. He played almost everyday. And though his skills began to pay off more at adulthood, Rory maintains that those childhood days were his best. In a statement to The Telegraph in 2015, he said;
When I was a kid, if I spent a day away from the game, I couldn’t wait to get back. Now I can’t wait for a week off. There’s just not the ‘I can’t wait to get out of the house as quick as I can to get to the course’ feeling. Listen, this is not a job – let’s face it, I’ve never done a day’s work in my life. But it’s an intense environment I play in and it’s just nice to get away from it for a while. When I was a kid, I never, ever wanted to get away from it.
Rory’s father did more than just coach his son, he went the extra mile to ensure his development by working several jobs to boost his income. His mom Rosie did same as well, working extra shifts at the local 3M manufacturing plant. As an only child, Rory’s parents were apparently determined to ensure his success. Rory dropped out of school at the age of 16 to focus on the sports.
He went on to stage an outstanding amateur career, setting records and achieving countless feats including wining the 2006 European Amateur title and topping the World Amateur Golf Ranking for 1 week.
Rory McIlroy Net Worth: Pro Career, Salary/Winnings, Endorsements
McIlroy turned pro on 18th September 2007, and established himself at the European Tour, becoming the youngest golfer to earn the European Tour card. He made over $300,000 in his first European Tour season. By November 2008, just over a year after turning pro, McIlory became the youngest golfer to rank among the World’s Top 50 golfers. In 2009, he achieved his first win on the European Tour and in 2010, his first win on the PGA Tour.
Rory’s professional career breakthrough came in 2011 when he won his first major championship— the US Open. His 72-hole aggregate score of 268 beat previous records held by both Jack Nicklaus and Tiger Woods. At the age of 22, he became the youngest golfer to scoop the title in 88 years since Bobby Jones. Also in 2011, he became the youngest player to reach $10 million in career earnings on the European Tour. He achieved the same feat in 2012 on the PGA Tour, thanks to his winning of the 2012 PGA Championship title.
TRIVIA: When Rory was 15, his dad placed a bet that he would win the Open by 25 years old, and he won $170,000 after his son scooped the trophy in 2014 aged 25. Rory also went home with the $1.66 million prize money.
As of 2016, McIlroy has earned $34.2 million in just European Tour events and another $30.2 million from PGA Tour events.
Like most athletes, McIlroy banks more from endorsement deals. In 2013, the same year he created his Rory McIlroy Management Services Ltd, he signed a $250 million, 10-year deal with Nike which pays out between $15 million to $20 million annually. In 2015 he replaced Tiger Woods as the face of EA Sports’ PGA Tour games. Woods had represented the brand of games from 1998 to 2013. Rory’s other endorsement partners include Upper Deck, Omega and Bose.
Per Forbes estimates, McIlory earned over $90 million pretax from all endeavors between 2014 and 2016.
His Rory Foundation is a host of Dubai Duty Free Irish Open. In 2016, Rory donated the entire $750,000 he won from the event to two local children charities; the Jack and Jill Foundation, and the Laura Lynn Children’s Hospice.
Rory McIlroy Net Worth: Houses And Cars
In 2012, Rory spent $9.5 million on a giant mansion in Jupiter, Florida. The house measures 15,286 square feet and includes 6 bedrooms and 9 bathrooms. He previously owned a 7,200 square feet house in Northern Ireland but reportedly placed it on the market.
Rory owns a $400,000 Lamborghini Aventador which he was spotted driving in 2013. Back in 2011, rumor had it that he bought a Bugatti Veyron valued at almost $2 million but he openly debunked the claims. In 2015 BMW gifted him with their i8, the world’s fastest electric car valued at about $150,000.