Phil Mickelson Net Worth 2024

What is Phil Mickelson’s Net Worth and Career Earnings?

Phil Mickelson is an American skilled golfer who has a net worth of $300 million. Phil Mickelson is an extremely profitable golfer, and belongs to the small minority of gamers within the historical past of golf to have received three of the 4 majors. During his profession so far, Phil Mickelson’s profession earnings high $800 million. In some years he has earned $80 to $100 million. In more moderen years he has earned $40 to $50 million, of which the overwhelming majority comes from endorsements.

As of this writing he has earned over $100 million in event cash alone. That’s second solely Tiger Woods.

Early Life

Philip Alfred Mickelson was born in San Diego, California, on June 16, 1970. His father, Philip Mickelson, was an airline pilot and former naval aviator. Mickelson was raised in San Diego and Scottsdale, Arizona. He discovered golf from his father, mirroring his fashion. This is why he has a left-handed swing, regardless of being right-handed in on a regular basis life. He graduated from the University of San Diego High School in 1988.

Career Beginnings

Mickelson attended Arizona State University on a full golf scholarship and was instantly profitable competing on the collegiate degree. In truth, he received three NCAA particular person championships, and three Haskins Awards in 1990, 1991 and 1992 for being chosen the Outstanding College Golfer of the yr. In whole over his collegiate profession, Mickelson received 16 tournaments, and he was the second collegiate golfer ever to earn first-team All-American honors 4 years in a row. He graduated from college in June 1992.

Professional Career

Mickelson has loved a whole lot of success on and off the golf course. He received his first PGA tour occasion, the Northern Telecom Open, in 1991, whereas he was nonetheless an novice. He was capable of bypass the PGA tour’s qualifying course of because of his 1991 Tucson win, and rapidly turned professional after his college commencement. From 1999 to 2003, he clocked 17 top-ten finishes, and 6 second- or third- place finishes, though he didn’t really win any of the majors. His first main championship win got here in 2004, throughout his thirteenth yr on the PGA tour. In 2016, Mickelson underwent two sports activities hernia surgical procedures, however made an unexpectedly fast restoration and returned triumphantly with a T-21 end on the CareerBuilder Challenge. In 2019, he received the AT&T Pebble Beach Pro-Am, which was his 44^th profession title on the PGA Tour. It additionally made him the oldest winner of that occasion, at 48 years previous. In December 2019, he introduced that he would miss the Waste Management Phoenix Open for the primary time since 1989, in favor of enjoying within the Saudi International golf event. At the Saudi Arabian occasion, held in February 2020, he tied for third.

At the 2023 Masters, Mickelson had maybe the efficiency of the event by starting the ultimate day ten pictures behind the lead however ending tied for second place. With a rating of 65, Phil equaled his lowest rating from Augusta virtually 27 years prior.

He has received many PGA occasions all through his profession, over 40, together with 4 Major Championships – the 2004 Masters, the 2005 PGA Championship, 2006 Masters and the 2010 Masters. Today he is likely one of the finest and hottest skilled golfers on the planet.

Endorsements and Earnings

During his profession, Phil Mickelson has earned over $100 million in event prizes. As of this writing his whole profession earnings high $1 billion. That consists of the $200 million he earned from the Saudi-backed LIV league in June 2022 that we focus on within the subsequent paragraph.

In a given yr he earns round roughly $40 to $50 million, of which $10 million comes from wage and event winnings and an astonishing extra comes from $50 million in endorsements. With $87 million in event prizes, Mickelson is the second ranked golfer in all-time profession event winnings behind Tiger Woods who has earned $110 million. He had been #3 in event earnings behind Vijay Singh ($70 million) till 2015.

Mickelson’s greatest endorsements are with KPMG, ExxonMobil, Titleist, Ford, Enbrel, Callaway, Amgen, Grayhawk, Rolex and Intrepid Financial Partners. After being handled for psoriatic arthritis with the drug Enbrel in 2010, he started endorsing the drug. He had an endorsement with Barclays that spanned 15 years however resulted in 2016. Around the identical time, he was named by the SEC as a “reduction defendant” in an insider buying and selling case. He was not charged with a criminal offense. Between June 2017 and June 2018, Phil Mickelson earned $40 million from wage and endorsements. He earned roughly $50 million within the interval between June 2018 and June 2019. That consists of the $9 million that he received by defeating Tiger Woods in a face to face match-up.

Saudi League Controversy and Payday

In February 2022 Phil discovered himself in a bit an argument associated to a deliberate Saudi Golf League often called LIV. In an interview, Phil introduced up numerous factors about Saudi Arabia’s human rights file whereas additionally agreeing that the brand new league introduced an important enterprise alternative over the PGA. In the wake of the interview Phil misplaced his longest and most useful sponsor, KPMG.

The remarks apparently weren’t sufficient to discourage the organizers of LIV, nevertheless. In June 2022 it was reported that Phil had signed a $200 million contract to hitch the LIV league.

Personal Life

Mickelson married his spouse Amy in 1996. They have three youngsters collectively: Amanda Brynn (June 1999), Evan Samuel (born March 2003), and Sophia Isabel (October 2001).

Real Estate

In 1999 Phil and Amy paid $1.65 million for a house in La Jolla, California. They bought this home in 2012 for $2.745 million.

For a few years Phil and his family referred to as Rancho Santa Fe, California, residence. In 2001 they paid round $6 million for a 4.55-acre property . They listed it on the market in 2008 for a lofty $12.2 million. They in the end accepted $5.725 million in January 2015.

In January 2020 Phil purchased an undeveloped lot in Jupiter, Florida, for an undisclosed quantity. His close by neighbors will embody Tiger Woods and Michael Jordan.

Mickelson Private Golf

Outside of non-public actual property, Phil and a gaggle of traders personal round six golf programs in Arizona. They provide a personal memberships for an annual charge.