This article was originally published on August 10, 2022.
Tiger Woodsarguably one of the best golfers the game has ever seen one of the greatest athletes of all timeHe has joined an exclusive list of sports billionaires.
What you should know: Forbes has estimated that Wood’s net worth has surpassed the $1 billion mark, making him one of only three athletes to ever achieve billionaire status.
The estimate is based on Woods lifetime earnings, but despite 82 wins on the PGA Tour, including 15 major championships, much of Woods’ wealth comes from endorsement deals, most famously with Nike Inc NKE.
Other well-known notations include Rolex and Gatorade, owned by PepsiCo Inc PEP. Woods also signed equipment sponsorships with TaylorMade and Bridgestone Golf after being absent from the tour for nearly two years due to two back surgeries.
Woods’ other ventures include TGR Design and a restaurant called The Woods in Jupiter, Florida. The legendary golfer has also increased his net worth by investing in several golf-related startups.
But it was never about the money for Woods, who has grown the game of golf tremendously throughout his career, hitting near-impossible shots on his way to countless dominant appearances and wearing his emotions on his (Sunday red) sleeve. Woods’ magical touch around the greens was often complemented by fiery celebrations, followed by roars heard across the course.
Just a few months back, Woods’ rejected a ridiculously high offer from the LIV Golf Tour. chairman Gregory Norman allegedly said The offer was an “overwhelming amount” in the “high nine-digit range”.
Woods likely turned down an offer that would have nearly doubled his net worth. He spoke about the new golf tour in a Press interview ahead of the 150th Open Championship in July.
“What these players do for guaranteed money,” Woods said. “What is the incentive to practice? What’s the incentive to go out there and make money…
