What Is Tiger Woods’ Net Worth?
Tiger Woods, 47, is an American professional golfer who is considered to be one of, if not the greatest player of all time.
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Woods is back on the course in limited events in 2023 as he continues to feel the effects of a single-car crash that caused serious injuries to his right leg in February 2021. As he prepared to play in the Masters Tournament, he told reporters that his leg – and his game – never would be the same.
“Mobility, it’s not where I would like it, but it’s — as I sit here, I’ve said to you guys before, I’m very lucky to have this leg; it’s mine. Yes, it had been altered and there’s some hardware in there, but it’s still mine. It has been tough and will always be tough. The ability and endurance of what my leg will do going forward will never be the same,” he said.
Tiger Woods Career Comeback
Woods’ return to golf has been a long process since the accident occurred in Rancho Palos Verdes, California.
This potentially career-ending accident occurred on a winding, downhill road in an area known for speeding, but officials said there was no evidence of driver impairment, as CNN reports. He sustained serious injuries including open fractures to both the tibia and fibula in his right leg with additional fractures and soft tissue damage to his foot and ankle, including his talus bone, which connects the bottom portion of the lower leg to the top of the foot, which is pivotal to walking. At one point, amputation of his leg was discussed.
The multiple surgeries to repair his leg are in addition to his previous five back surgeries and five knee operations.
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Tiger Woods Net Worth: $800 Million
Despite his injuries, Woods remains one of the richest athletes in the world with a net worth of $800 million, according to Celebrity Net Worth. Forbes, however, sets his net worth at $1.1 billion.
The golfer has made more than $1 billion since turning pro in 1996 at the age of 20. Woods’ on-course winnings alone have earned him over $120 million, and the PGA Tour website reports he is the all-time career money leader by about $50 million over the second player on the list, Rory McIlroy. And that does not include his lucrative endorsement deals.
Recent Career Highlights
Tiger Woods won his fifth Masters title on April 14, 2019, marking his 15th major championship victory overall and his first major victory in over a decade. He has 82 wins on the PGA Tour, the most all-time.
His most recent victory came in 2020 at the Zozo Championship in Japan. Despite his physical ailments, Woods has enjoyed competing the past three years in the PNC Championship with his son, Charlie. That tournament is reserved from majors winners who team with a relative.
Woods also has 12 international tournament wins. He has been awarded PGA Player of the Year 11 times. He was inducted into the World Golf Hall of Fame in March 2022, presented for enshrinement by his daughter, Sam.
Woods was awarded the Presidential Medal of Freedom in 2019.
Earnings Beyond Golf Winnings
Woods’ other earnings have come from endorsements from companies such as 2K Sports, Bridgestone, Centinel Spine, Discovery Communications, Inc, Full Swing, Hero Motocorp, Kowa Company Ltd., Monster Energy, Nike, Rolex, TaylorMade, Upper Deck and more. He had earned $1.5 billion in various endorsement deals by 2021, according to Forbes.
Other earnings have come from his golf course design company, which currently is working with baseball star Mike Trout on a New Jersey golf course, and a set of signature golf clubs co-created by Woods and TaylorMade.
In 2021, Woods earned $68 million, according to Forbes, with only $40,000 from playing golf.
His Early Life
Eldrick Tont “Tiger” Woods was born to Earl and Tida Woods in Cypress, California, on Dec 30, 1975. He got his nickname as an homage to his father’s friend Colonel Vuong Dang Phong, who also was called Tiger.
Woods grew up in Orange County, California. He was still a toddler when he was taught to play golf by his father. His early skill caught the eye of Hollywood, where he appeared on “The Mike Douglas Show” and the ABC series “That’s Incredible,” and had was featured in “Golf Digest.” He won multiple golf championships when he was still a child.
Awards, titles and championships continued through high school. He was recruited for many top colleges based on his golf skills. He chose to attend Stanford, where he won the 1996 NCAA men’s golf title. Later that year, he turned pro.
In 1996, he signed endorsement deals with Nike and Titleist. He became the youngest-ever winner of the Masters in in 1997 and dominated the sport for the next decade.
How Tiger Woods Spends His Money
Golf might require poise and patience, but Woods’ spending habits offer a glimpse into how he cuts loose. His major purchases include a $20 million yacht called “Privacy” equipped with a bar, Jacuzzi and gym, and a mansion with a golf course as a backyard in Jupiter Island, Florida, that is valued at $54 million. He also has a private jet worth more than $50 million.
Woods’ earnings don’t go completely to him. He has a charity foundation, the TGR Foundation, which received $12 million from Woods in 2012, the PGA reported.
Personal Life
Woods married former model Elin Nordegren in 2004, with whom he shares his daughter and son. When they divorced in 2010, he paid her $100 million in assets, including money and real estate.
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Jami Farkas, Ann Logue and Sean Dennison contributed to the reporting for this article.
This article originally appeared on GOBankingRates.com: What Is Tiger Woods’ Net Worth?
