Tiger Woods’ Wealth In 2020

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Tiger Woods is in the news again. He recently won a charity golf contest with Peyton Manning. His golfing was absolutely breath taking that people yelled out, “The Tiger is back!” 

Let’s take a peek at how this golf legend has been making  ‘dough’ throughout these years.

Following an outstanding junior, college, and amateur golf career, Woods turned professional in 1996 at the age of 20. By the end of April 1997, he had won three PGA Tour events in addition to his first major, the 1997 Masters.

He had his top money-making year a decade ago, with earnings estimated at around $115 million per year. Since he turned pro in 1996 at age 20, Tiger Woods has won 81 PGA Tour victories. His total career earnings are estimated at a staggering $1.5 billion, and Tiger Woods’ net worth is currently about $800 million. Long before he began making millions as a professional golfer, Tiger Woods was a child prodigy. In 1981, a 5-year-old Eldrick “Tiger”.

Tiger Woods was the highest-paid athlete in the world for about a decade straight starting in 2001, and he made somewhere between $115 million and $120 million annually in 2008 and 2009.

Another of the golf star’s ventures, Tiger Woods Design, is involved in the creation of design of high-end golf courses around the world.

The lion’s share of Tiger Woods’ money comes from endorsement contracts with brands like Nike, TaylorMade, Monster Energy, and Bridgestone Golf — all of which are his current partners. For years, Woods also made millions from brands like AT&T, Gatorade, and Gillette, which ended their business relationships with Tiger Woods around the time he was exposed for cheating on his wife in 2009. Tiger Woods owns a yacht and private jet as well. The jet is a Gulfstream G550 worth $54 million. The yacht, a 155-footer named Privacy, was purchased by Woods in 2004 for $20 million.

Woods has stayed on Privacy when competing in previous U.S. Opens, and the boat was docked near the tournament’s Long Island setting again in May 2019, at a marina in Oyster Bay. Besides golf, one of Tiger Woods’ passions is diving. When Woods won the 2019 Masters he was wearing a very special diving watch — a Rolex DeepSea D-Blue. Tiger Woods has been sponsored by Rolex for years, so he probably didn’t have to pay for the fancy watch — which is listed for $15,225 on Amazon. In addition to his usual stream of revenues, Tiger Woods owns a restaurant called The Woods, in Jupiter, Florida.

Tiger Woods’ career took a nosedive after the cheating scandal and his divorce. He lost sponsors, was hampered by several injuries, and was arrested for DUI in 2017. He did not win another major tournament until triumphing at the Masters in 2019.

Tiger Woods has also delved into the literary arts. Woods wrote a golf instruction column for Golf Digest magazine from 1997 to February 2011. In 2001 he wrote a best-selling golf instruction book, How I Play Golf, which had the largest print run of any golf book for its first edition, 1.5 million copies.

In March 2017, he published a memoir, The 1997 Masters: My Story, co-authored by Lorne Rubenstein, which focuses on his first Masters win.

Tiger Woods’ career earnings was once reported to be up to around $1.5 billion. But no thanks to his 2009 scandal that threatened his endorsements and sponsorship deals — and his marriage — Tiger Woods remains the richest golfer in the world. He won the 2019 Masters, his first major win in 11 years, and his current annual salary is $50 million. However, the majority of Woods’ fortune comes from endorsements with major brands, including Nike, Gatorade and American Express. Currently, Forbes ranks him as #34 with gross earning of $63.9 million.

In addition to his usual stream of revenues, Tiger Woods owns a restaurant called The Woods, in Jupiter, Florida.

Tiger Woods and Peyton Manning held off a late challenge to beat Phil Mickelson and Tom Brady 1-up in a charity golf match in Florida on the 24th of May, 2020 that raised $20 million for COVID-19 relief efforts.

Woods, a 15-times major champion, and two-time Super Bowl winner Manning jumped out to a three-hole lead on the front nine at the Medalist Golf Club in Hobe Sound.

Following his renaissance last year and a reported back injury, Tiger Woods has certainly made a statement in the golf world that he is still a force to reckon with.

Check out the full story of Tiger Woods earnings on money.com from where this article was culled from.

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6 thoughts on “Tiger Woods’ Wealth In 2020

  1. Debby

    Golf is a sport we should never forget.
    It’s not so popular in Nigeria, but those who involve in it see Tiger Woods as a role model.

    Reply

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