Building Tiger Woods’ net worth is one of the biggest achievements of his career. It reflects a career of consistency, professionalism, and high performance. His house, his yacht, and his lifestyle all reflect his high earnings and success in the sports world.
So how did he go about building his net worth? And how much is he worth this year? We’ll dive into all this and more in the following piece, so read on!
Years at the Top
In 2021, Tiger Woods’ net worth is a staggering $850 million. His salary is actually only $2.3 million, but his net worth includes more than his base salary. His net worth comes from course design fees, endorsements, appearances, sponsorships, and more.
When it comes to winnings and endorsement deals, he usually nets about $50-60 million per year. He’s also the owner of big assets, which are all included in his net worth. His yacht is worth $25 million, his jet is worth $53 million, his home is worth $55 million—and that’s just the tip of the iceberg.
Sponsorships and endorsements are all considered fluid contributors to net worth because they can come and go. For Woods, huge brands like Nike and TaylorMade have remained consistent supporters, contributing immensely to his net worth.
Tiger Woods topped the Forbes list of the world’s highest-paid athletes 11 times, from 2002 through to 2011 and 2013. After winning The Masters competition in 2019 he got back to the top 8 on the list in 2020.
In 2021, Woods earned $63.2 million and was absent from the list, which is topped by Connor McGregor. Number 10 was Kevin Durant, with $70 million, leaving Woods off the list by about $7 million.
Building Tiger Woods’ Net Worth
Building a legacy as an athlete is not just about experiencing success in the sport. It’s about building a net worth. Tiger Woods has done both with style and class.
From the Beginning
Tiger Woods didn’t start as the GOAT of golf, but he was a child prodigy. It seemed he was born with a club in his hand. He started golfing at the age of 2. At 3, he was already on TV, and he was in Golf Digest at the age of 5!
He was at the top of the amateur circuit through his teenage years before he went to university. Woods spent only two years at Stanford University before leaving to turn professional.
Just one year later, he won his first Masters tournament. This achievement made him the first African American to win and the youngest ever winner, and he did it all with 18 strokes under par. He broke the course record that year and continued to dominate tournaments and land major endorsement contracts.
Struggles and Setbacks
In 2001, he married his then-girlfriend and landed at Forbes number one. From there, he experienced major career setbacks from his father passing away, a knee surgery, a leg fracture, and the birth of several children.
These distractions off the green didn’t stop his performance on the green. He remained at the top of his game and the game of golf.
It would be impossible to mention Tiger Woods without mentioning his infidelity scandal. It was alleged that Woods was having an affair with a club manager, and soon several women stepped forward. That led to a divorce from his wife Elin Nordegren. Woods left the public eye for a while after that.
Some of his endorsements fell through, and his reputation suffered. When he started golfing again, he was ranked at number two, but he managed to salvage his sponsorships, position, salary, and career.
Through scandal, injury, surgery, and more, Tiger Woods’ career has proven itself as virtually bulletproof. Recently, Tiger Woods has experienced a serious car crash in Los Angeles that shattered his leg, but knowing how resilient he is, he’ll likely bounce back.
Wood’s name has been known since before he even turned pro. You can say that his name was known since he was first on TV at age 3!
His first year as a professional golfer saw him named Sports Illustrated Sportsman of the Year and PGA Rookie of the Year. He was the first African American to with the US Masters and cemented his name as the greatest of all time through consistent and impressive wins.
Life as a Highest-Paid Athlete
Every time an athlete’s net worth is brought up, we’re quick to wonder what they could possibly spend all that money on. It turns out life as one of the top-earning athletes is pretty good! Tiger Woods has spent his money on yachts, jets, mansions, and more.
Tiger Woods’ yacht is a 155-foot megayacht that was purchased for $25 million. After his time under public scrutiny, he fittingly named the yacht “Privacy.” He docks it in Florida and stays there sometimes during competitions.
He also built a mansion from scratch in Florida on a 10-acre piece of land. Tiger Woods’ house cost $55 million to build, with its own golf course and private dock.
He also spends a lot of time with his hobbies besides golf. Sometimes he’ll even bail from tune-up tournaments to do them!
Woods also loves spearfishing and has learned how to dive. He’ll take Privacy out and dive from there. He’s also bought a Raiders-themed pool table for his mansion, and spends both time and money to go support the team.
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Tiger Woods has experienced success since he was a kid, and this is reflected in both his trophy cabinet and his bank account. It’s truly fascinating to learn about his rise to the top, his adversities, and his resilience. Hopefully, this article on Tiger Woods’ net worth will have given you a sense of how dominant this athlete both on the green, and making green.
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