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!
Exploring Tiger Woods’ Net Worth
In 2024, Tiger Woods’ net worth is estimated to be around $1.3 billion, according to Forbes. Playing on the PGA Tour, the 15-time major champion has amassed over $121 million in prize money. Moreover, 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. Although in earlier in 2024, he parted ways with Nike after around 27 years of association. He has now started a clothing line called Sun Day Red with TaylorMade.
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.
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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.
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How did Tiger Woods Build Such a Huge 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.
Also Read: “I’m Sorry”- When Tiger Woods’ Silly Prank On Justin Thomas Forced Him To Apologize
Major Achievements
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 mega yacht 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.
All About Tiger Woods’ Business Ventures
Tiger Woods has experienced success since he was a kid, which is reflected in his trophy cabinet and 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.
Here’s a look at Tiger Woods’ investments in multiple businesses:
TGR Design by Tiger Woods
Earlier in November 2006, the American golfer expressed his interest in starting a company that would design golf courses across the globe. The company was named TGR Design by Tiger Woods. Just a month later, the company started working on its first project in Dubai. The golf course was built on a 25.3-million-square-foot area.
TGL with Rory McIlroy
The 15-time major champion partnered with his close friend and fellow PGA Tour golfer Rory McIlroy to start a tech-forward league called the TGL on August 24, 2022. The upcoming league is expected to kick off in 2025 and already found multiple other investors. NBA stars such as Stephen Curry, Andre Iguodala, Shaquille O’Neal, Dwyane Wade, and Kevin Durant are a few notable names to have invested in the upcoming tech-forward league.
Sun Day Red
After parting ways with Nike, Tiger Woods collaborated with TaylorMade to start a new clothing line and golf brand called Sun Day Red. The new brand launched a series of products in February 2024 with the significance of Woods’ trademark on it.
