Tiger Woods is formally a billionaire, Forbes estimates


Tiger Woods is formally a billionaire, in keeping with a brand new Forbes’ estimate of the golf icon’s internet value. He joins Los Angeles Lakers celebrity LeBron James and NBA legend Michael Jordan as the one recognized billionaire athletes on the earth. 

Forbes reported on Friday that Woods’ internet value is believed to be a minimum of $1 billion. He has won $121 million in prize money – greater than some other professional golfer in historical past, and in the course of the prime of his profession, he held the highest spot in Forbes’ highest-paid athletes for 10 consecutive years till 2012. Woods additionally reached the monetary milestone with out taking a profitable to compete in Saudi-backed LIV Golf tour, which reportedly would have been within the “excessive 9 digits.”  

PGA Championship - Round 3
Whereas Tiger Woods makes an attempt to regain prime type, a current analysis from Forbes discovered his internet value to be a minimum of $1 billion – and a majority of it comes outdoors the golf course.  

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But, lower than 10% of Woods’ profession earnings comes his golf winnings. Most of his wealth stems from endorsements with manufacturers comparable to Nike, Gatorade, Rolex and Monster Power, in keeping with Forbes. 

Woods additionally has a various set of money-making ventures. He owns a golf course design enterprise and a dwell manufacturing firm and he is an investor in Nexus Luxurious Assortment, which is a world hospitality actual property growth and asset administration firm. He additionally has stakes in a luxurious mini-golf expertise with a number of areas in Florida as effectively a hospital software program startup, Forbes reviews.  

In the meantime, Woods remains to be making an attempt to achieve his type on the golf course after nearly losing his leg in a critical automotive accident in February 2021. On Tuesday, he pulled out of the U.S. Open, and he withdrew from the Masters and the PGA Championship earlier this yr. 

Woods has received 15 main championships in his skilled profession, sitting behind Jack Nicklaus’ report of 18. Woods additionally has gathered 81 profession PGA Tour victories – the second most within the historical past of the game. 

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