- Specialist golf player Tiger Woods has a total assets of $1.1 billion since January 2024, according to Forbes.
- Woods has actually additionally gained a record-setting $121 million in cash prize from PGA scenic tours.
- A huge section of Woods’ lot of money has actually originated from recommendation take care of significant brand names such as Nike and Beast Power.
- In January 2024, Woods finished his collaboration with Nike after 27 years– the agreement was valued at an approximated $500 million.
- Woods is associated with a collection of smart company endeavors that vary from a mini-golf chain to deluxe property, and also a dining establishment.
Golf tale Tiger Woods might have split methods with Nike after 27 years, yet he has actually made millions from his profession as a professional golf player and profitable recommendation take care of various other significant brand names consisting of Gatorade, Rolex, and Beast Power.
Thought about among the very best golf enthusiasts of perpetuity, Woods is just one of minority billionaire professional athletes worldwide– and is just the 2nd energetic professional athlete that is a billionaire, behind NBA celebrity LeBron James. Woods has a total assets of $1.1 billion since January 2024, according to Forbes. Right Here’s just how Tiger Woods developed his lot of money.
Golf Incomes
In his 27-year profession as an expert golf player, Woods built up 106 around the world success and 15 majors. He has 82 PGA Excursion wins, linked with golf player Sam Snead for the most PGA Excursion wins in background.
Throughout his profession as a professional golf player, Woods has actually gained concerning $1.8 billion, according to a quote by Forbes. Woods has actually additionally gained a record-setting $121 million in cash prize from PGA scenic tours.
Nonetheless, Woods’ remarkable profits from golf are not the only method he accumulated his riches– as a matter of fact, they represent much less than 10% of his total assets, according to Forbes. The remainder of his lot of money originates from significant recommendation bargains and a collection of company endeavors.
Recommendation Bargains
Woods’ 27-year collaboration with Nike definitely added to his substantial lot of money as the showing off firm was his largest backer. Woods’ manage Nike was stated to be worth concerning $500 million throughout the life of the agreement.
That’s not the only significant collaboration Woods had, however. The golf player had a financially rewarding tie-up with sporting activities consume firm, Gatorade, which paid him an approximated $100 million over numerous years. Nonetheless, the firm finished its collaboration with Woods in 2010 after information of numerous adulterous events emerged. AT&T and modern technology consulting firm Accenture were additionally amongst the brand names that finished their collaborations with Woods at the time.
Woods partnered with power beverage firm, Beast Power, in 2016 and has actually proceeded his recommendation manage them. The professional golf player has actually been seen playing out of a Monster-branded golf bag and has actually additionally stood for the brand name’s various other beverage, Beast Hydro Super Sporting Activity because 2022.
Organizations and Investments
Woods has actually become part of a collection of smart company endeavors that vary from mini-golf facilities to deluxe property, and also a dining establishment.
Woods has actually a dining establishment called The Woods on Jupiter Island in Florida, among the most affluent areas in the country.
Numerous of Woods’ services concern golf– he possesses a fairway layout company, TGR Layout, golf simulator device Full speed, along with an interior mini golf chain, Popstroke. Popstroke has 9 places throughout Florida, Arizona, and Texas and prepares for opening up an extra 15 websites in 2024 and 2025.
In 2022, Woods and fellow professional golf player Rory McIlroy introduced TMRW Sports, a technology firm concentrated on sporting activities, media, and home entertainment. The firm has a host of celeb capitalists backing the endeavor, consisting of Justin Bieber, DJ Khaled, and Macklemore.
Via TMRW Sports, Woods and McIlroy additionally began an interior golf organization, TGL, in collaboration with the PGA Excursion. The organization’s initial period was lately delayed to 2025 after the roof covering of its sector in Hand Coastline Gardens, Florida, broke down.
Woods is additionally an investor in worldwide property advancement firm Nexus Deluxe Collection, together with vocalist Justin Timberlake. In October 2023, the firm introduced that Woods and Timberlake will certainly be opening up a sporting activities and home entertainment gastropub in St. Andrews, Scotland, with Nexus. The costs location consists of eating and lounge locations, and Woods’ very own Full speed golf simulators.
Woods is familiar with property and has actually dealt numerous million-dollar residential or commercial properties. His home on Jupiter Island sets you back an approximated $54 million.
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