Tiger Woods is considered the king of golf and arguably the most popular golfer in the history of the sports. Of course, there is not a soul that follows golf who doesn’t know Tiger Woods and what he has achieved in over two decades of excellence. Like most renowned athletes, Woods who grew up in Orange County, California was able to reach the height of his careers golf due to his early exposure to the sports by his athletic father, Earl Woods.
Beginning his career in 1996, the golf juggernaut rose through the ranks of amateur and professional golf to become the second in both major championships and PGA Tour wins. He also holds numerous records in the sports. His excellence started in his first year in the game when he was named PGA Tour Rookie. Shortly after, he sealed huge endorsements deals that ran in millions with top sports brands like Nike and Titleist. Before he could mark one year in the game, he attained an impressive feat which was winning his first Masters Tournament.
In the wake of this extraordinary performance, the Stanford University graduate who played outstandingly in both high school and college games was named the Major’s Youngest Champion of all time.
From that moment, Wood has been a force to reckon with. He has gone one on to win 80 PGA Tour wins and also 14 Majors. His career accomplishments place him close to tying with Jack Nicklaus in career achievements.
Tiger Woods Net Worth – Find Out How Rich He Still Is
Tiger Woods has amassed a huge fortune from his successful on-course career and ability to nab sponsorships. According to reports, he has earned around $113 million in golf winnings since his career. Between 2006 and 2010, he made $600 million from his golf victories, making appearances and endorsing products. Woods allegedly earned an estimated $71 million from endorsement deals just in 2013 after which he stayed off-course for five years and made a remarkable return in 2018 when he won the Tour championship. He earned $43.3 million that year and this accelerated his prominence the more, and he was overwhelmed with sponsorship offers as well as other big business deals including a content deal with Discovery’s new streaming service, GolfTV that same year. In 2019, he nabbed his first major victory in 11 years at the Masters and won $2.07 million
As shocking as it may sound, just a pint-size of his entire wealth comes from his golf activities despite being Forbes’ second-highest-paid golfer. Known as the most-marketable golfer for more a decade, Woods reportedly accumulated the major part of his wealth from endorsement contracts particularly, his decades-long deal with Nike. He also partners with other big brands like Monster Energy, Bridgestone Golf and TaylorMade.
The golf star also made millions from working with AT&T, Gillette, and Gatorade which terminated their contracts with him in 2009, around the time his first wife, Elin Nordegren, exposed his immoral affair. Despite the dramatic and huge settlement, Woods is still in the money-making path.
Apart from lucrative endorsements and his golf career, Tiger Woods has also sharpened his entrepreneurial focus by opening a restaurant called The Woods, in Jupiter, Florida. The restaurant was one time discredited after a family of a former staff filed a wrongful death lawsuit against Woods and the manager. The restaurant allegedly served too much alcohol to the staff who already had a history of substance abuse, eventually leading to the staff’s death in a car accident during a late-night drive back home. Despite the lawsuit, the restaurant still streams in cash for the golfer.
In addition, the golfing icon owns another income-generating company known as TGR Designs which is involved in the creation of finest and most sought-after golf courses around the world.
As of 2019, Tiger Woods net worth is estimated to be roughly $800 million, making him one of the richest golfers in the world. Tiger Woods’ house is approximately 9,700 square feet in Florida and owns a yacht worth $20 million. His PGA Tour pension plan has an estimated value of $20 million. His cumulative career earnings are estimated at $1.5 billion. This puts the golfer in the same class as Michael Jordan and Floyd Mayweather, known to be the only athletes to earn up to $1 billion since they turned professional.