How much is Tiger Woods net worth?
net worth: | $800 million |
---|---|
age: | 48 |
Birth: | December 30, 1975 |
gender: | Male |
Height: | 1.85 m (6 ft 1 in) |
country of origin: | United States |
Source of funds: | Professional golfer |
Last Updated: | August 15, 2024 |
Introduction
Tiger Woods is an American professional golfer who has an estimated net worth of $800 million.
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He ranks second in both major championships and PGA Tour wins and holds numerous golf records. Woods is regarded as one of the greatest golfers in the history of the game.
quick Facts
- Tiger Woods is one of the most famous players in golf history.
- He began his career at a very young age, taking inspiration and guidance from his father, Earl.
- He studied at Stanford University, where he received a golf scholarship.
- Woods is the only man to win the U.S. Junior Amateur Championship three times.
- He holds the record for the fastest time to reach No. 1 in the Official World Golf Ranking.
- He has 82 PGA Tour victories.
- He has 41 European Tour wins.
- Woods has won 14 major professional golf championships.
- He is one of the highest-paid professional golfers in history.
Early Life
Eldrick Tont Woods was born on December 30, 1975 in Cypress, California. He was nicknamed Tiger in honor of his father’s friend, South Vietnamese Colonel Vuong Dang Phong.
His parents were Earl and Kultida “Tida” Woods. Tiger Woods was the only child of his parents, but he has three half-siblings from his father’s previous marriage.
Woods is of mixed ancestry. His father was a Vietnam War veteran. Earl was born to African American parents, but also has European, Native American, and possibly Chinese ancestry.
His mother Kultida came from Thailand and his family tree includes ancestors from China, Germany and Thailand. Tiger Woods himself describes his ethnicity as “Cabylinasian” – a mix of Caucasian, black, American Indian and Asian.
He took his name, Aldrick, from his mother, as a way of honoring both his parents—his name begins with E, the first letter of his father’s name, and ends with K, the first letter of his mother’s name.
When he was just two years old, he was introduced to golf by his father, who was an amateur golfer himself. Earl already had experience in semi-professional sports, as he was one of the first African-American college baseball players at Kansas State University. Because Earl was allowed to play at the Navy Golf Course in Los Alamitos, the young Woods was able to train there.
From the very beginning, Tiger showed a lot of potential and talent. In his early life, he appeared on The Mike Douglas Show, and at the age of five, he was featured on “Golf Digest” and ABC’s show. This is unbelievable!
Before the age of seven, he was champion of the Under Age 10 section of the Drive, Pitch and Putt competition. He also had some success at the Junior World Golf Championships, where he won the 9-10 boys event (the youngest age group available) at the age of eight.
This was not his last word in competition, as he won the Junior World Golf Championships six times in his life, and four of these victories were consecutive (from 1988 to 1991).
His first major national junior tournament was the Big I, which Woods played in 1989. He was fifteen when he became the youngest U.S. Junior Amateur champion – a record he held until 2010 when it was broken by Jim Liu.
Tiger competed in his first PGA Championship in 1992. During this time, he was named Golf Digest Amateur Player of the Year, Golf World Player of the Year, and Golfweek National Amateur of the Year.
Among the many accomplishments of his early career are some impressive records, such as being the only person to have won the US Junior Amateur Championship three times, and being the youngest winner of the US Amateur, a record he held until 2008, when Danny Lee broke it.
In addition to his singles performances, he also played on teams. He was part of the US team at the 1994 Eisenhower Trophy World Amateur Golf Team Championships and the 1995 Walker Cup.
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Tiger Woods graduated from Western High School in 1994 and continued his education and golf career at Stanford University. He earned a bachelor’s degree in economics, but his main focus remained on sports (he received a golf scholarship.)
He gained some popularity among his peers, earning nicknames such as “Urkel” and winning Stanford’s Male Freshman of the Year award. When it comes to his career achievements, in 1995, Tiger managed to defend his US Amateur title at the championship held at Newport Country Club in Rhode Island.
That same year he entered his first PGA Tour major championship – the 1995 Masters. He finished tied for 41st, but was the only amateur to make the cut.
At the age of 20, he officially became the first golfer to win three consecutive U.S. Amateur titles, also winning the NCAA Individual Golf Championship that same year (1996).
He left Stanford in 1996 to pursue a professional career.
Livelihood
After turning professional in 1996, he was immediately offered deals with Nike, Inc. and Titleist due to his fame from his collegiate career. These were some of the most lucrative deals in golf history.
He won his first major tournament, the Masters, in 1997. He also holds the record for the fastest time to reach No. 1 in the Official World Golf Ranking.
He had a great start to the new millennium with six consecutive victories in 2000. One of his victories that year was the US Open, where he broke or equalled nine records, including becoming the youngest golfer to achieve the Career Grand Slam.
The next two seasons were not as good for him. However, his form returned in 2005 and he won six official PGA Tour money events. He finished the 2006 season with 54 wins.
In 2007, his vision problems became apparent again (his first laser eye surgery was in 1999). To correct the problem, Woods decided to have another operation – once again with much success.
Around the same time, Tiger began having some serious problems with his knee. This led to him undergoing knee surgery in April 2008. He had to take a break from the 2008 US Open, but he returned to competition just two months later.
Despite some difficulties, he managed to defeat Rocco Mediate, but two days later he announced that he would have to withdraw from the remainder of the season to continue treatment, as his knee injury had become more serious than previously believed.
Woods himself called it his “greatest championship ever”. This sentiment was reflected in viewership for the rest of the season, which declined significantly after Woods’ departure.
Woods was greeted with enthusiasm when he returned to golf in 2009. He did not disappoint his fans and won the 2009 Presidents Cup with a spectacular performance. However, this did not match his personal life, as it was revealed later in the year that Woods was involved in a fraud case.
His sponsors canceled their contracts, and his ranking also dropped. For the first time in his career, he did not win a single event. In December of that year, after facing a lot of criticism, Tiger announced that he was taking a break from golf.
His disappointing performance continued in 2011. Woods finished fourth at the 2011 Masters, but he missed a few stops on that year’s PGA Tour due to injury. Woods’ close team also went through upheaval, as Tiger fired his longtime caddie Steve Williams around this time. Eventually, he was replaced by Joe LaCava.
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In 2012 he failed to secure significant wins in his tournaments – the Abu Dhabi HSBC Golf Championship and the AT&T Pebble Beach National Pro-Am – but he finished second at the Honda Classic. Nevertheless, this proved to be Woods’ lowest final-round score in his entire PGA Tour career.
By 2013 he was back to his original form. He won the Farmers Insurance Open in January and the WGC-Cadillac Championship in March. Victory at the Arnold Palmer Invitational reestablished him as the world No. 1.
However, due to an elbow injury, he had poor luck at the 2013 U.S. Open Championship and finished 12 strokes behind tournament winner Justin Rose.
The following years of his career were filled with poor form due to a string of comebacks and back and knee injuries. His biggest wins in recent years were a second-place finish at the 2018 PGA Championship, winning the 2019 Masters, and a victory on the 2020 PGA Tour.
In 2021, he had a car accident but was able to return to the game at the 2022 Masters Tournament, where he finished tied for 47th.
In 2021, Woods was inducted into the World Golf Hall of Fame.
private life
Tiger Woods is the only child from his parents’ marriage, but he has a half-sister and two half-brothers. He married Elin Nordegren, the daughter of Swedish model and journalist Thomas Nordegren and former immigration minister Barbro Holmberg, in 2004 at the Sandy Lane resort in Barbados.
The couple purchased a $39 million property in Jupiter Island, Florida. Their first child Sam Alexis Woods was born in 2007 and two years later the couple welcomed their second child Charlie Axel Woods.
Tiger and Elin divorced in 2010 following an infidelity scandal.
How does Tiger Woods spend his money?
This highly acclaimed golfer has a lot to show for his career and earnings. His time on the golf course has earned him $118 million.
However, this is only about 7.6% of his total career earnings, as the majority of Woods’ earnings come from his huge endorsement deals with Nike, Gatorade, Golf Digest, American Express, Rolex, Monster Energy, AT&T and NetJets, among others.
Tiger’s career earnings in this department reached $1.6 billion, representing over 92% of his total earnings.
Woods has joined Michael Jordan and LeBron James as the highest-earning athletes of all time, and has joined the billionaires’ club thanks to his endorsement deals.
How does he spend his golf winnings? Woods owns real estate and other assets. The most important ones would be:
- 12-acre oceanfront estate in Jupiter, Florida, valued at $75 million,
- “Privacy,” the $25 million yacht
- $54 million Gulfstream G550 private jet,
- His golf design business, Tiger Woods Design, focused on designing golf courses around the world.
Highlights
Here are some of the best highlights of Tiger Woods’ career:
- Most consecutive US Amateur golf titles
- Longest Drive in Tiger Woods PGA Tour 06
- Golf US Masters’ youngest winner
Tiger Woods – Net Worth over the Years
Year | net worth |
1995 | $10,000 |
1999 | $40 million |
2005 | $250 million |
2010 | $400 million |
2019 | $800 million |
Summary
After all, Tiger Woods is the current No. 1 golfer in the world and one of the most successful golfers of all time. He also holds the distinction of having the highest earnings in the history of the PGA Tour. During his career, he has broken numerous golf records and won 14 professional major golf championships.
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Category: Net worth