Tiger Woods, who is tied with golf legend Sam Snead for the most PGA Tour event wins in history at 82, is now officially a billionaire, according to Forbes.
According to the magazine’s earnings update for the golf superstar, Woods has made around $1.7 billion in his 27-year golf career. He raked in the money from his salary, endorsements and other various incomes. Less than 10% of his career earnings comes from his golf salary.
This all equates to Woods’s now $1 billion net worth. He becomes just the third athlete in history to officially be named a billionaire, after LeBron James and Michael Jordan. James just reached this milestone last week.
This news comes the same week that Greg Norman admitted that Woods turned down a “high nine digits” offer to play in the Saudi Arabian funded golf league LIV Golf in order to continue playing on the PGA Tour. The tour ended up suspending current and past golfers who play on the LIV Golf tour from participating at PGA sponsored events for the time being.
The 15-time major winner has endorsement deals with around a dozen companies, including Gatorade, Monster Energy, TaylorMade, Rolex and Nike. The athletic sportswear brand signed Woods back in 1996, the year he won PGA Tour Rookie of the Year.
Thanks to his various endorsements, Woods led the Forbes list of highest paid athletes for straight 10 years, ending in 2012. Controversy struck Woods in 2009 when he was found to be cheating on his wife, Elin. He crashed his car outside of their house, and his now ex-wife broke the car window with a golf club. While he lost some major endorsements at the time, he has largely recovered financially from the incident.
In the last year, the 46-year-old earned $68 million even though he did not play much due to his severe car crash in February 2021.
Woods uses his earnings to invest in new companies as well, including a golf design business (TGR Design), a live events production company (TGR Live) and a restaurant (The Woods).
By Odoh Dominic Chukwuemeka
Like, Share or comment on this article.
Your support matters.
Sustain independent journalism.
FOR ADVERT PLACEMENT CALL OR TEXT OUR WHATSAPP NUMBER; +886960917723, +886970840314
Click to Follow our website Dco-global-news.com
FaceBook Page; DCO Global News
DCO Global News Contacts;
For information on Press Releases, News, Advertisements, Videos, Photos, Events happenings, Promotional Events and Adverts, Share your stories with us, Please Call or Send a Text to our Whatsapp number; +886963563485, +886970840314.
Or send an email to; firstname.lastname@example.org, email@example.com
(Like and Follow our Facebook Page; DCO Global News)
(Follow us on Twitter; @Dcoglobalnews)
(Follow us on LinkedIn; Dco Global News)
(Follow us on Tumblr; Dcoglobalnews)
(Follow us on Google +; Dco Global News TV)
(Subscribe to our YouTube Channel; DCO Global News TV)
Subscribe to our Telegram Channel DCO Global News.
Follow our Website http www. dco-global-news.com
Advertise with us.
Send us enquiries, Press releases.
DCO Global News Promotes the Values of Democracy, Human Rights, Values of Life and Freedom of Expression in a Region Where Genuine Media Freedom Remains Elusive and where many Media outlets remain Divided along Ethnic Lines.
Let’s 🚶 Walk the 🚶 Walk 🚶 Together.
Don’t miss a thing, get the latest updates to fuel your conversation daily.
For 2022, DCO Global News commit to another year of high-impact reporting that can counter misinformation and offer an authoritative, trustworthy source of news for everyone. With no shareholders or political owner, we set our own agenda and provide truth-seeking journalism that’s free from commercial and political influence. When it’s never mattered more, we can investigate and challenge without fear or favour.
(Support DCO Global News.)
LET’S HAVE YOUR SAY, LET’S KNOW YOUR THOUGHTS.
LIKE, SHARE AND COMMENT.
TEXT AD: To advertise here.
Call Dominic +886970840314…
© DGN NEWS MEDIA 2022.
All Rights Reserved.