Tiger Woods he’s been playing golf since he was only 2 years old, but not all child prodigies grow up to be one of the most successful and highest paid athletes in the world. Thanks to his success, his net worth is $ 800 million, according to Celebrity net worth.
In addition to the winning tournaments and the cash prizes that come with them, Tiger also makes money through different avenues. Keep scrolling to find out how Tiger earned his fortune.
He is a professional golfer
Putting a ball in a hole earned Tiger $ 1.7 billion in career earnings and is the highest paid golfer of all time. According to Forbes, as of 2017, Tiger is the second highest paid athlete of all time – just below Michael Jordan.
Tiger has countless accolades to his name (which, in fact, is just a nickname. His real name remains Eldrick Tont Woods), including 81 PGA Tour wins, 41 European Tour wins and five Masters wins.
From 1996 to 2007, according to Golf Digest, he earned $ 769,440,709. In 2009, Tiger became the first professional athlete in the world to earn more than one billions of dollars in his career, according to Forbes.
His PGA Tour retirement plan is worth at least $ 20 million.
But it does more than just hitting a ball with a stick.
Tiger has multiple endorsements
The rich get richer. Thanks to Tiger’s extreme success on the green, several brands were quick to convince him to approve their products, including Nike, Gatorade, American Express, Asahi, General Mills (Wheaties), Golf Digest, Rolex, Gillette, Accenture, Tag Heuer, AT&T, EA Sports, NetJets, Upper Deck, TLC Laser Eye Center, and Buick, according to Celebrity Net Worth.
Gatorade alone paid him $ 100 million over five years. Tiger was paid $ 20 million to support Gillette. At one point, his deal with American Airlines earned him $ 30 million. Nike paid him $ 20 million for five years, then his second contract with Nike earned him $ 20 million for five years each year, for a grand total of $ 100 million.
He is an entrepreneur
Tiger owns a restaurant in Jupiter, Florida called The Woods. In addition, $ 10 million is being paid to design golf courses around the world.
He gets paid just to show up
Tiger can earn up to $ 1.5 million just for appearing in a golf tournament.
He has resources in his name
Tiger has a number of very expensive assets, including a $ 25 million yacht, which he called “Privacy,” a 12-acre Florida oceanfront property worth $ 55 million, and a Gulfstream private jet. $ 54 million G550. Tiger hasn’t been flying commercially in more than a decade, except in 2017 when he flew from Los Angeles to Dubai, meaning his carbon footprint is likely to be equal to his net worth.