Tiger Woods Net Worth

What is Tiger Woods’s net worth and career earnings?

Tiger Woods is a professional golfer from the United States with a net worth of $800 million. Tiger makes between $50 and $60 million every year. He made $63 million from his many efforts between June 2019 and June 2020, for example. Tiger Woods has earned almost $1.5 billion in his professional career since going pro in 1996. After adjusted for inflation, that equates to roughly $1.8 billion. He is the highest-paid golfer of all time and was for many years the highest-paid personality on the globe.

He has received far too many honours to mention them all, but some of the most notable are 15 professional major event victories, 81 PGA Tour victories, 41 European Tour victories, and five Masters victories. He has been rated number one for the longest period of time of any player. He has the all-time lowest scoring average. He has won 11 PGA Player of the Year awards, two Sports Illustrated Sportsman of the Year awards, and four Associated Press Male Athlete of the Year awards. Woods is widely recognised as one of the best golfers of all time, as well as one of the most well-known sportsmen in history. In 2021, he’ll be enshrined into the World Golf Hall of Fame.

Early Life

Eldrick Tont “Tiger” Woods was born in Cypress, California, on December 30, 1975, to Earl and Tida Woods. He is the only child in the family. From his father’s first marriage, he has two half-brothers, Earl Jr. and Kevin, as well as a half-sister, Royce. Tiger’s mother was born in Thailand and raised in the United States. Tiger refers to himself as Cablinasian, which means Caucasian, Black, American Indian, and Asian. His father’s buddy Colonel Vuong Dang Phong, who was also known as Tiger, gave him the moniker Tiger. Woods was born and raised in Orange County, California. Earl Woods, Woods’ father, introduced him to golf when he was two years old. Earl was an amateur golfer with a single-digit handicap. He was also one of the first African-American baseball players at the University of Kansas.

Amateur and College Career

Tiger pitted himself against comedian Bob Hope during a visit on “The Mike Douglas Show” in 1978. He shot a 48 on nine holes at the age of three. Tiger won the Under Age 10 segment of the Drive, Pitch, and Putt tournament at the Navy Golf Course in Cypress, California, when he was six years old. He was featured in “Golf Digest” and on ABC’s “That’s Incredible!” at the age of five. He won the 9–10 boys’ event at the Junior World Golf Championships when he was eight years old, the youngest age category that was allowed. In the same year, he became the first person to break the 80-pound barrier. Tiger won six Junior World Championships, including four in a row from 1988 to 1991.

When Woods was 11, he defeated his father for the first time, and Earl was doing everything he could to win that game. Earl went on to lose against Tiger every occasion after that. Woods won the youngest U.S. Junior Amateur champion when he was a 15-year-old student at Western High School in Anaheim, a record he held until 2010. In 1990 and 1991, he was voted Southern California Amateur Player of the Year. He was named Junior Amateur Player of the Year by “Golf Digest” in 1991. When he successfully defended his championship in 1992, Woods became the first two-time winner of the US Junior Amateur Championship. In the same year, he competed in his first PGA Tour tournament, the Nissan Los Angeles Open. He was selected Amateur Player of the Year by “Golf Digest” in 1992.”Golfweek” National Amateur of the Year, “Golf World” Player of the Year, and “Golfweek” Player of the Year.

Woods won his third consecutive U.S. Junior Amateur Championship the following year, becoming him the only three-time champion of the event. He won the US Amateur Championship as the youngest player ever in 1994, a record he retained until 2008. At the 1994 Eisenhower Trophy World Amateur Golf Team Championships, he was a member of the winning American team. Woods graduated from high school in 1994 and was named the class’s “Most Likely to Succeed.”

Woods was widely scouted by the best collegiate golf programmes in the country. He picked Stanford University, which was the NCAA champions in 1994 at the time. In the autumn of 1994, he enrolled at Stanford and won his first collegiate tournament, the 40th Annual William H. Tucker Invitational, in September of that year. He was named Pac-10 Player of the Year, NCAA First Team All-American, and Stanford’s Male Freshman of the Year in 1995 after successfully defending his US Amateur championship at the Newport Country Club in Rhode Island (an award that encompasses all sports).

Woods made his first PGA Tour major, the 1995 Masters, when he was 19 years old, and tied for 41st place as the only amateur to make the cut; two years later, he would win the tournament by 12 shots. He became the first golfer to win three straight US Amateur titles and the NCAA individual golf championship at the age of 20 in 1996. He dropped out of college after two years to pursue a career in golf.

Professional Career

Woods went professional in August 1996 at the age of 20 and quickly received massive endorsement deals with Nike and Titleist, which at the time were the most lucrative in golf history. Woods was selected 1996 Sportsman of the Year and PGA Tour Rookie of the Year by “Sports Illustrated.” He won his first major, the Masters, on April 13, 1997, by 12 shots in a record-breaking performance, becoming him the tournament’s youngest champion at the age of 21. He achieved the record for the quickest ascension to No. 1 in the Official World Golf Rankings two months later. After a disappointing 1998 season, Woods won eight times in 1999, including the PGA Championship.

From 2000 through 2010, Woods was the most dominant force in golf. From August 1999 to September 2004 (264 weeks), then again from June 2005 to October 2010, he was the world’s number one golfer (281 weeks). During this span, he won 13 of golf’s major tournaments.

Woods’ career was defined by comebacks from personal difficulties and injuries throughout the following decade. In November 2011, Woods dropped to No. 58 in the global rankings, before returning to No. 1 between March 2013 and May 2014. However, between 2014 and 2017, he had four back surgeries due to injuries. Between August 2015 and January 2018, Woods played in only one tournament and plummeted out of the top 1,000 golfers in the world. Woods made steady progress to the top of the game after his comeback to regular play, winning his first tournament in five years at the Tour Championship in September 2018 and his first major in 11 years at the 2019 Masters.

Woods holds a number of golf records. He has been the world’s number one player for the most weeks in a row and for the most weeks overall of any golfer in history. He has won the PGA Player of the Year award an unprecedented 11 times and the Byron Nelson Award for lowest adjusted scoring average an unprecedented eight times. Woods has the record for leading the money list ten times in his career. He has won 15 major professional golf tournaments and 82 PGA Tour events. Woods has the most major and PGA Tour victories of any current golfer. He is the second golfer (after Jack Nicklaus) to have completed a career Grand Slam at such a young age.

Personal Life

During The Open Championship in 2001, Woods met Elin Nordegren, a Swedish former model and daughter of former minister of migration Barbro Holmberg and radio journalist Thomas Nordegren. Jesper Parnevik, a Swedish golfer, hired her as an au pair. They were engaged in November 2003 and married on October 5, 2004, at the Sandy Lane resort in Barbados, while living in Isleworth, a neighbourhood in Windermere, Florida. Woods and Nordegren’s first child, a girl called Sam Alexis Woods, was born in 2007. Woods chose the name because his father referred to him as Sam. Charlie Axel Woods, their son, was born in 2009.

In an attempt to overcome marital troubles with his then-wife, Elin, he took a self-imposed break from professional golf from December 2009 until early April 2010. On August 23, 2010, Woods and his wife split after he acknowledged to many affairs.

Woods and Olympic gold medalist Lindsey Vonn declared their relationship on March 18, 2013. In May of 2015, they broke up. Woods was in a relationship with Kristin Smith, a stylist, from November 2016 to August 2017. Following months of speculation, Woods confirmed in November 2017 that he was dating restaurant manager Erica Herman.

Woods was detained near his Jupiter Island, Florida, home on May 29, 2017, at around 3:00 a.m. EDT for driving under the influence of alcohol or narcotics by the Jupiter Police Department. He was fast asleep in his automobile, which was parked in a traffic lane and running. He eventually admitted that he had taken prescription medications and was unaware of how they would combine. Woods said on Twitter on July 3, 2017, that he has finished an out-of-state rigorous treatment to address an unidentified condition. At his appearance on August 9, 2017, Woods had his attorney Douglas Duncan enter a not guilty plea on his behalf and agreed to participate in a first-time DUI offender programme and appear in court again on October 25. AtAt his appearance on August 9, 2017, Woods had his attorney Douglas Duncan enter a not guilty plea on his behalf and agreed to participate in a first-time DUI offender programme and appear in court again on October 25. Woods pled guilty to careless driving during a hearing on October 27, 2017. He was sentenced to a year of probation, a $250 fine, and 50 hours of community service, as well as regular drug testing. He was not permitted to consume alcohol during his probation, and if he did, he faced a 90-day prison sentence and a $500 fine if he broke the terms.

Tiger Woods Net Worth – How It Breaks Down

Tiger’s first sources of income are tournament victories and product endorsements. Tiger has made $118 million on the golf field since becoming pro in 1996 (including $2.07 million at the 2019 Masters). This represents 7.6% of his total career earnings to date. The majority of Tigers’ fortune comes from endorsements, as it does for similarly dominant athletes like Michael Jordan and LeBron James. 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 Centers, and Buick account for almost 92.4 percent of his lifetime earnings, or $1.6 billion.

For Woods, Gatorade created a custom-branded drink named “Gatorade Tiger.” Over the course of five years, the Gatorade agreement alone was worth $100 million. Tiger Woods, along with other super stars Roger Federer and Thierry Henry, used to earn $20 million each year as a Gillette endorser. Tiger is paid $10 million to build golf courses all over the world, and he may make up to $1.5 million simply by attending a golf tournament.

How Long Did It Take Tiger To Earn $100 Million?

On August 29, 1996, Tiger Woods made his professional golf debut. On April 13, 1997, he won The Masters after 228 days. The 21-year-old inked a five-year $40 million agreement with Nike and a five-year $20 million pact with Titleist after winning The Masters.

Tiger inked a 5-year $30 million agreement with American Express on May 20, 1997, a day after winning the Byron Nelson Classic (the first event he joined after becoming the youngest player ever to win The Masters). His career earnings reached $100 million thanks to the American Express partnership, as well as his Nike, Titleist, and tournament wins. In other words, Tiger earned $100 million in just 8 months (264 days) after being professional. By comparison, LeBron James’ first Nike contract, which he signed in 2003 for $90 million over seven years, was worth $90 million.

Tiger inked his second Nike sponsorship agreement in September 2000. This transaction was worth $100 million over the course of five years ($20 million every year). In other words, Tiger made $140 million from Nike alone between 1997 and 2005. During that seven-year span, he probably made a little more than $200 million from all of his agreements.

Real Estate and Other Assets

• Tiger owns a $25 million yacht that he named “Privacy”. He sometimes sleeps on the yacht during tournaments that are near water.
• His PGA tour Pension plan is worth at least $20 million.
• He owns a $54 million Gulfstream G550 private jet. The only time Tiger has flown commercially in the last 15 years was in January 2017 when he was traveling from Los Angeles to Dubai.
• He owns a 12-acre ocean-front property in Jupiter, Florida that is worth at least $55 million
• In the wake of the 2009 financial crisis and his career slowdown, Tiger launched a course design business. He has designed courses around the world with plenty of work on his plate.