Tiger Woods is officially a billionaire, according to a new Forbes estimate of the net worth of the golf icon. He joins the Los Angeles Lakers superstar Lebron James and NBA legend Michael Jordan as the only known billionaire athlete in the world.
Forbes reported Friday that Woods’ net worth is believed to be at least $ 1 billion. He has won $ 121 million in awards, more than any other professional golfer in history, and during the heyday of his career, he ranked first among Forbes’ highest paid athletes for 10 consecutive years through 2012. Woods also reached the financial level. milestone without having a lucrative profit to compete on the LIV Golf tour, backed by Saudi Arabia, which would have been in the “highest nine digits”.
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However, less than 10% of Woods’ career earnings come from his golf earnings. Most of its wealth comes from endorsements with brands such as Nike, Gatorade, Rolex and Monster Energy, according to Forbes.
Woods also has a diverse set of businesses to make money. He owns a golf course design business and a live production company and is an investor in Nexus Luxury Collection, an international real estate development and asset management company. He also has stakes in a luxury mini golf experience with multiple locations in Florida, as well as a hospital software launch, Forbes reports.
Meanwhile, Woods is still trying to regain his form on the golf course afterwards almost losing his leg in a serious car accident in February 2021. On Tuesday, he withdrawn from the US Openand he retired of the Masters and the PGA Championship at the beginning of the year.
Woods has won 15 major championships in his career, behind Jack Nicklaus’ record 18. Woods has also racked up 81 wins on the PGA Tour, the second highest in sports history.
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